Photronics Inc Stock Price, News & Analysis

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.

Photronics (Nasdaq:PLAB), a worldwide leader in photomask technologies and solutions, has announced its participation in the 27th Annual Needham Growth Conference. The presentation is scheduled for Tuesday, January 14, 2025, at 4:30 p.m. Eastern Time at the Lotte NY Palace hotel in New York City.

The company's CFO Eric Rivera and IR representative Ted Moreau will be presenting. Investors can access a live and on-demand webcast of the presentation through the "Investors" section of the Photronics website at www.photronics.com.

Photronics (PLAB) has appointed David Garcia to its Board of Directors on December 12, 2024, expanding the board to nine members, with seven being independent. Garcia, a strategic advisor with approximately 30 years of legal experience at firms including Holland & Hart, Wilson Sonsini Goodrich & Rosati, and Venture Law Group, brings extensive expertise in mergers & acquisitions, venture capital financing, and securities offerings. His background includes counseling public and private companies on corporate governance and structuring technology-related transactions. Chairman Constantine Macricostas highlighted Garcia's experience as valuable for evaluating business development opportunities.

Photronics (Nasdaq: PLAB), a worldwide leader in photomask technologies and solutions, announced its participation in the 13th Annual NYC Summit investor conference. The event will take place on December 17, 2024, at Mastro's Steakhouse in New York City. The company's management team, including CFO Eric Rivera, CTO Christopher Progler, and IR Ted Moreau, will host small group investor meetings. The NYC Summit is an invitation-only event exclusively for accredited investors and publishing research analysts.

Photronics (NASDAQ:PLAB) reported its fiscal 2024 results, with annual revenue of $866.9 million, down 3% year-over-year. GAAP net income reached $130.7 million ($2.09 per diluted share), up from $125.5 million in 2023. Fourth quarter revenue was $222.6 million, showing a 6% sequential increase but 2% year-over-year decline.

The company's IC revenue totaled $638.1 million (down 2%) and FPD revenue was $228.8 million (down 5%) for the full year. Cash generation from operations was strong at $261.4 million, with $130.9 million invested in capital expenditures. The company maintains a strong financial position with $640.7 million in cash and short-term investments and only $18.0 million in debt.

For Q1 2025, Photronics expects revenue between $208-216 million with non-GAAP EPS of $0.43-0.49.