Welcome to our dedicated page for Photronics news (Ticker: PLAB), a resource for investors and traders seeking the latest updates and insights on Photronics stock.
Photronics Inc (PLAB) delivers precision photomasks and reticles critical for semiconductor manufacturing and display technologies. This news hub provides investors and industry professionals with authoritative updates on corporate developments, technological advancements, and market positioning.
Access real-time announcements including quarterly earnings, manufacturing innovations, strategic partnerships, and operational expansions. Our curated collection ensures transparent tracking of PLAB's role in enabling next-generation integrated circuits and flat-panel displays through advanced photolithography solutions.
Key updates cover product lifecycle developments, quality certifications, and capacity enhancements across global facilities in the United States and Asia. Monitor critical announcements affecting semiconductor supply chains and display production ecosystems through verified press releases and objective reporting.
Bookmark this page for continuous access to Photronics' official communications, ensuring informed analysis of their contributions to microelectronics manufacturing. Regular updates maintain visibility into operational milestones shaping photomask technology leadership.
Photronics, Inc. (NASDAQ:PLAB) reported its fiscal first quarter 2023 results, achieving a revenue of $211.1 million, a 0.4% increase sequentially and an 11% increase year-over-year. Net income attributable to shareholders was $14 million ($0.23 per share), down from $37.1 million ($0.60) in the previous quarter. The company noted strong demand in its IC segment, generating $156.6 million revenue, up 21% year-over-year. However, profit margins softened due to mix and customer premiums. For Q2 2023, revenue guidance is between $205 million and $215 million, with expected net income of $0.38 to $0.48 per share.
Photronics, a leader in photomask technologies, will announce its financial results for Q1 fiscal 2023 on February 22, 2023, before the market opens. A public conference call will follow at 8:30 a.m. ET, where management will discuss the company's financial performance, business conditions, and industry outlook. The call will be available live and on-demand on their website. Photronics manufactures integrated circuit and flat panel display photomasks, critical in the manufacturing process, and employs 1,828 individuals across 11 global facilities.
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