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May 20, 2014
08:23 EDTPLABPhototronics sees Q3 EPS 2c-7c, may not compare to consensus 14c
Sees Q3 revenue $120M-$125M, consensus $116.13M. Sees Q3 taxes $2.5M-$3.5M. Sees FY14 taxes $12M-$14M. Sees FY14 cash CapEx $75M-$90M. Says expects to provide more efficient CapEx allocations in the future. Says in terms of the Impact of the DNP Taiwan joint venture, DNP Taiwan assets were consolidated by Photronics at fair value. Says impact to Photronics consolidated balance sheet increase in net assets of $115M. Says expects at $20M of increased revenues. Expects annual cash synergies of $5M-$7M, to commence in FY15. Says operating expenses, or SG&A and R&D is expected to increase $1M-$2M quarterly on a consolidated basis. Says sees depreciation and amortization, to ramp $3M-$4M quarterly, which is inclusive of all Photronics’ capital expenditures, as well as PDMC’s. Says the company will be able to benefit from assumed Taiwan NOL, reducing cash taxes. The company says its minority interest expenses projected to be $2.5M-$3.5M next quarter. Says expects top-line and EBITDA improvement in FY14 and says it has "excellent growth prospects in 2H14. Says "well positioned" to capture leading market share due to strong financial position and advanced technology. The company also said that it is pleased with the Taiwan integration and expects it to provide "excellent" growth opportunities. Comments taken from slides of the company's Q2 earnings conference call.
News For PLAB From The Last 14 Days
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December 9, 2014
08:48 EDTPLABPhototronics sees reduced orders in Q1 due to seasonality
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08:41 EDTPLABPhototronics management sees 'strong' FY15
Management stated that they expect "strong performance" in FY15. Expects FY15 EBITDA to grow. Management sees top, bottom-line improvements in FY15. Comments provided during Q4 earnings conference call.
08:38 EDTPLABPhototronics sees Q1 EPS 2c-7c, consensus 9c
Sees Q1 revenue $121M-$126M, consensus $124.07M. Guidance provided in Q4 earnings presentation slides.
December 8, 2014
16:44 EDTPLABPhototronics reports Q4 EPS 7c, consensus 9c
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15:19 EDTPLABNotable companies reporting after market close
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