Photronics Inc Stock Price, News & Analysis

Photronics, Inc. (Nasdaq: PLAB) will release its third-quarter fiscal 2022 financial results on August 30, 2022, before market opening. This announcement will be followed by a public conference call at 8:30 a.m. Eastern time to discuss the company's performance, business conditions, and industry outlook. Photronics, a leading manufacturer of photomasks for integrated circuits and flat panel displays, operates 11 facilities globally and has been a trusted supplier since its founding in 1969.

Photronics, Inc. (NASDAQ:PLAB) reported strong fiscal Q2 results for 2022, achieving record revenue of $204.5 million, an increase of 28% year-over-year. Net income soared to $29.8 million ($0.49 per share), a 29% rise from Q1 2022. Integrated circuit revenue reached $145.8 million, growing 12% sequentially, while flat panel display revenue was $58.7 million, reflecting a 23% year-over-year increase. For Q3 2022, Photronics anticipates revenue between $205 million and $215 million, with earnings per share projected at $0.45 to $0.55.

Photronics, a global leader in photomask technologies, will announce its second-quarter fiscal 2022 financial results on May 25, 2022, before market opening. The company will host a conference call at 8:30 AM ET on the same day to discuss financial performance, business conditions, and industry outlook, with live streaming available on its website. Photronics, founded in 1969, manufactures photomasks crucial for integrated circuit and flat panel display production, operating 11 facilities across Asia, Europe, and North America, employing 1,728 people as of October 31, 2021.

Photronics, Inc. (Nasdaq: PLAB) has announced Dr. Frank Lee as its new Chief Executive Officer, effective immediately. Lee, appointed President in March 2022, previously held leadership roles at major tech companies. He will also join the Board of Directors as part of a strategy aimed at advancing the company's global growth, particularly in Asia. Additionally, Adam Lewis has been appointed as an independent director, bringing over 20 years of financial advisory experience. The changes are expected to enhance Photronics' strategic growth plans in the photomask industry.

Photronics, Inc. (Nasdaq: PLAB) announced the appointment of Dr. Frank Lee as President, effective immediately, succeeding Peter Kirlin, who is retiring after 14 years. Dr. Lee previously led operations in Asia and aims to capitalize on growth opportunities in the semiconductor industry. Chairman Deno Macricostas is serving as interim CEO while the board initiates a search for a new CEO. The company reaffirmed that its Q2 performance is on target, indicating a continued focus on expansion in the photomask market.

Photronics, Inc. (NASDAQ:PLAB) reported its fiscal 2022 Q1 results, showcasing a record revenue of $189.8 million, up 25% year-over-year and 5% sequentially. Net income attributable to shareholders reached $23.1 million (or $0.38 per diluted share), reflecting a 15% sequential increase in EPS and a nearly 300% year-over-year surge. Strong demand in sectors like AMOLED, high-end logic devices, and mainstream ICs continues to drive growth. For Q2 2022, revenue is projected between $188 million and $196 million.

Photronics, a leader in photomask technologies, will announce its Q1 fiscal 2022 financial results on February 23, 2022, before market opening. The company will hold a conference call at 8:30 AM Eastern Time the same day to discuss financial performance and industry outlook, with an opportunity for Q&A. Established in 1969, Photronics manufactures essential photomasks for integrated circuits and flat panel displays, employing 1,728 people across 11 factories worldwide as of October 2021.

Photronics (Nasdaq: PLAB), a leader in photomask technologies, will present at the 24th Annual Needham Virtual Growth Conference on January 14, 2022, at 9:15 a.m. Eastern Time. The presentation will be available via a live and on-demand webcast on the company’s website. Established in 1969, Photronics specializes in providing high-precision photomasks essential for the production of integrated circuits and flat panel displays. The company operates 11 manufacturing facilities across Asia, Europe, and North America, employing 1,728 people as of October 31, 2021.

Photronics, Inc. (NASDAQ:PLAB) reported record financial results for full year and Q4 2021. Revenue reached $663.8 million, marking a 9% increase from 2020. Net income for the year was $55.4 million or $0.89 per diluted share. In Q4, revenue hit $181.3 million, up 6% sequentially and 21% year-over-year, with net income at $19.8 million ($0.33 per diluted share). Integrated circuit revenue rose 10% to $460.2 million, while flat panel display revenue grew 6% to $203.6 million. Guidance for Q1 2022 expects revenue between $178 million and $186 million.