Phototronics spikes higher after results, levels to watch The company reported better than expected earnings last night after the close, coming in at 7 cents per share for its Q4 versus consensus of 4 cents. Resistance is currently at $5.87. Support is at $5.32.
News For PLAB From The Last 14 Days
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Phototronics sees Q4 EPS 7c-11c, consensus 12c Sees Q4 revenue $125M-$130M, consensus $119.22M; Sees Q4 taxes $2.5M-$3.5M. Sees FY14 Cash CapEx $100M-$110M. The company expects top-line and EBITDA improvement in Q4, with continued opportunities in customers' businesses and node migration plans. The company also expects PDMC is poised for growth in both its high-end and mainstream IC sectors. Comments taken from slides for Q3 earnings conference call.