Photronics (NASDAQ:PLAB) reported quarterly earnings of $0.40 per share which met the analyst consensus estimate. This is a 5.26 percent increase over earnings of $0.38 per share from the same period last year. The company reported quarterly sales of $211.09 million which beat the analyst consensus estimate of $201.00 million by 5.02 percent. This is a 11.20 percent increase over sales of $189.83 million the same period last year.
JP Morgan Maintains Neutral on Lumentum Holdings, Raises Price Target to $110
JP Morgan analyst Samik Chatterjee maintains Lumentum Holdings (NASDAQ:LITE) with a Neutral and raises the price target from $100 to $110.