photronics inc posted higher revenue and profit for the fiscal third quarter driven by demand that remained strong even as the company raised prices the photomask technologies and solutions company said it had earnings of 312 million for the three months ended july 31 compared with 171 million a year earlier earnings were 51 cents a share compared with 28 cents a share analysts surveyed by factset were expecting earnings of 50 cents a share revenue rose 29 from a year earlier to 2199 million analysts were looking for revenue of 210 million according to factset we achieved our sixth consecutive quarter of record revenue due to strong end market demand favorable pricing dynamics and outstanding performance by the entire organization chief executive frank lee said we are expanding capacity and growing volumes while controlling costs and capitalizing on operating leverage to deliver higher margins we are also taking pricing action where appropriate to capture the full value that we are delivering to our customers he said write to will feuer at willfeuerwsjcom