Photronics Inc Stock Price, News & Analysis

Photronics (Nasdaq:PLAB), a leader in photomask technologies and solutions, has announced its participation in three upcoming investor conferences. The company will attend Oppenheimer's 28th Annual Technology Conference on August 13th (virtual), TD Cowen's 53rd Technology Growth Cap Summit on September 4th in New York, and the Singular Research Investor Conference on September 10th in New York.

Institutional investors interested in participating should contact their representatives at the respective firms.

Photronics (Nasdaq: PLAB) has announced the installation of the first merchant multi-beam mask writer in the United States at their Boise, Idaho facility. This technological advancement marks a significant milestone in photomask production capabilities.

The new multi-beam tool features a parallel writing engine that delivers enhanced speed and performance for U.S.-built merchant photomask products. The technology enables the production of complex IC mask shapes, particularly for critical curvilinear designs, and can write the finest resolution EUV and nanoimprint masks.

The installation strengthens Photronics' position as the only U.S.-based high-end mask merchant facility, supporting both U.S. Government Trusted and commercial advanced photomask applications.

Photronics (NASDAQ: PLAB), a global leader in photomask technologies, has received the prestigious Outstanding Contribution award from Visionox during their supply chain seminar. This recognition, being Visionox's highest achievement award, underscores Photronics' commitment to customer excellence. HK Park, General Manager FPD Asia, highlighted that Visionox is a long-term Flat Panel Display customer, and the award acknowledges Photronics' superior economic value, customer support, delivery efficiency, quality standards, and local service capabilities.

Photronics (NASDAQ:PLAB) announced Q2 FY2025 results and a significant leadership change. Dr. Frank Lee stepped down as CEO, with Chairman George Macricostas assuming the CEO role. Lee will continue managing Asia operations and remain Chairman of PDMC subsidiary until his planned retirement in the next 1-2 years.

Q2 financial highlights include:

• Revenue: $211.0M (down 3% YoY, 1% QoQ)
• GAAP EPS: $0.15 (vs $0.58 in Q2 2024)
• Non-GAAP EPS: $0.40 (vs $0.46 in Q2 2024)
• IC revenue: $155.9M
• FPD revenue: $55.1M

The company repurchased $72.1M in stock and ended Q2 with $558.4M in cash and equivalents. For Q3 FY2025, Photronics guides revenue between $200-208M and non-GAAP EPS of $0.35-0.41.

Photronics (NASDAQ: PLAB), a leading photomask technologies provider, will release its second quarter fiscal 2025 financial results on Wednesday, May 28, 2025, before market opening. The company will host a conference call at 8:30 a.m. Eastern time on the same day.

During the call, management will address questions about financial performance, business conditions, and industry outlook. The event will be accessible via live broadcast and on-demand through the Events and Presentations section of Photronics' website. Analysts and investors interested in participating in the Q&A session should register through the Conference Registration link, preferably 15 minutes before the call begins.

Photronics (NASDAQ:PLAB), a leading photomask technologies solutions provider, has announced its participation in four major financial conferences in May and June 2025. The company will present at TD Cowen's 53rd Annual Technology, Media & Telecom Conference on May 29th at 10:15 a.m. ET in New York. Additional appearances include D.A. Davidson's 1st Annual Technology & Consumer Conference in Nashville (June 10th), the Three Part Advisors East Coast IDEAS Conference in New York (June 11th), and the Singular Research Investor Conference in New York (June 18th). Institutional investors can attend by contacting their representatives at the respective firms.

Photronics (NASDAQ:PLAB) reported Q1 fiscal 2025 financial results with revenue of $212.1 million, down 2% year-over-year and 5% sequentially. GAAP net income reached $42.9 million ($0.68 per diluted share), compared to $26.2 million in Q1 2024.

The company's IC revenue was $154.0 million (down 2% YoY) while FPD revenue reached $58.1 million (down 1% YoY). Strong demand was observed in high-end products, particularly in node migration and memory segments, despite mainstream mask softness.

Cash position remained strong at $642.2 million with minimal debt of $2.7 million. For Q2 2025, Photronics guides revenue between $208-216 million with non-GAAP EPS of $0.44-0.50.

Photronics (PLAB) has announced it will release its first quarter fiscal 2025 financial results on Wednesday, February 26, 2025, before market opening. The company will host a public conference call at 8:30 a.m. Eastern time on the same day.

During the conference call, management will address questions about the company's financial performance, business conditions, and industry outlook. The call will be available live and on-demand through the Events and Presentations section of Photronics' website. Analysts and investors interested in participating in the Q&A session should register through the Conference Registration link, preferably fifteen minutes before the call begins.

Photronics (Nasdaq: PLAB) has appointed George Macricostas as Executive Chairman, effective January 6, 2025. Macricostas, a board member since 2002, brings over 30 years of technical and management experience. He previously served on the Nomination and Cybersecurity committees and as Chairman of the Compensation Committee.

David Garcia will succeed Macricostas in his committee roles. Following this appointment, both George Macricostas and Constantine ("Deno") Macricostas will no longer be considered independent directors, leaving the board with six independent directors out of nine total members.

George Macricostas was previously a Founder, Chairman, and CEO of RagingWire Data Centers, which was sold to NTT of Japan in two stages (2014 and 2018). He also served as senior vice president at Photronics, overseeing IT infrastructure.