* Q4 loss/shr $0.11 vs EPS $0.01 yr-ago
* Q4 net income $1.2 mln vs $235,000 yr-ago
* Rev falls 8 pct
* Shares down 1 pct after-market
Dec 8 (Reuters) - Semiconductor gear maker Photronics Inc posted a quarterly loss on a per-share basis, hurt by a conversion of warrants into shares and certain charges.
For the fourth quarter ended Nov. 1, the maker of precision photographic quartz plates known as photomasks, posted a net income of $1.2 million, or a loss of 11 cents a share, compared with a profit of $235,000, or 1 cent a share, a year ago.
Revenue fell 8 percent to $94.7 million.
The company, whose customers include South Korea's Samsung Electronics Co Ltd, Skyworks Solutions Inc and Micron Technology Inc, posted a pro forma loss of 7 cents a share.
Analysts expected a loss of 7 cents a share, excluding items, on revenue of $97.2 million, according to Thomson Reuters I/B/E/S.
The per share loss reflects the assumed conversion of warrants to acquire 1.4 million shares originally issued in connection with Photronics' credit facility amendment in May, the company said in a statement.
The loss also includes an assumed reversal of $6.5 million in mark-to-market gains, which were previously recorded in other income, Photronics said.
Shares of the Brookfield, Connecticut-based company were down 3 cents at $4.88 in trading after the bell. They closed at $4.91 Tuesday on Nasdaq.
(Reporting by Manasi Phadke in Bangalore; Editing by Unnikrishnan Nair) Keywords: PHOTRONICS/ (manasi.phadke@thomsonreuters.com; within U.S. +1 646 223 8780; outside U.S. +91 80 4135 5800; Reuters Messaging: manasi.milindphadke.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* Q4 net income $1.2 mln vs $235,000 yr-ago
* Rev falls 8 pct
* Shares down 1 pct after-market
Dec 8 (Reuters) - Semiconductor gear maker Photronics Inc posted a quarterly loss on a per-share basis, hurt by a conversion of warrants into shares and certain charges.
For the fourth quarter ended Nov. 1, the maker of precision photographic quartz plates known as photomasks, posted a net income of $1.2 million, or a loss of 11 cents a share, compared with a profit of $235,000, or 1 cent a share, a year ago.
Revenue fell 8 percent to $94.7 million.
The company, whose customers include South Korea's Samsung Electronics Co Ltd, Skyworks Solutions Inc and Micron Technology Inc, posted a pro forma loss of 7 cents a share.
Analysts expected a loss of 7 cents a share, excluding items, on revenue of $97.2 million, according to Thomson Reuters I/B/E/S.
The per share loss reflects the assumed conversion of warrants to acquire 1.4 million shares originally issued in connection with Photronics' credit facility amendment in May, the company said in a statement.
The loss also includes an assumed reversal of $6.5 million in mark-to-market gains, which were previously recorded in other income, Photronics said.
Shares of the Brookfield, Connecticut-based company were down 3 cents at $4.88 in trading after the bell. They closed at $4.91 Tuesday on Nasdaq.
(Reporting by Manasi Phadke in Bangalore; Editing by Unnikrishnan Nair) Keywords: PHOTRONICS/ (manasi.phadke@thomsonreuters.com; within U.S. +1 646 223 8780; outside U.S. +91 80 4135 5800; Reuters Messaging: manasi.milindphadke.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.