Photronics

Photronics, Inc. engages in the provision of photomasks. It manufactures semiconductors and flat-panel displays and is used as masters to transfer circuit patterns onto semiconductor wafers and FPD substrates during the fabrication of integrated circuits, a variety of FPDs and other types of electrical and optical components. The company's manufacturing facilities are located in Taiwan, Korea, the United States, and Europe. Photronics was founded by Constantine S. Macricostas in 1969 and is headquartered in Brookfield, CT.

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Photronics (PLAB) surpasses Q1 revenue expectations, eyes stable Q2 demand

Photronics (PLAB) exceeded revenue expectations in Q1 2023, driven by strong demand in specific nodes and growth in FPD business. Despite challenges like export control laws, the company maintains a positive long-term outlook and expects stable demand in Q2.

Photronics (PLAB) reports record Q2 earnings amidst global demand

Photronics delivered a robust performance in Q2 2023 with record revenue and profit, driven by strong global demand in IC and FPD sectors.
The company's focus on mainstream IC demand and growth in AMOLED for FPD contributed to sequential revenue growth in all regions.
Despite challenges in sustaining high demand and managing costs, Photronics remains optimistic about future performance and market trends.

Photronics reports record revenue in Q3 2023, eyes growth opportunities

Photronics delivered solid Q3 performance with revenue growth and profitability.
The company's financial discipline and growth strategies position it well for the future.
Challenges include market competition and global economic uncertainties.
Opportunities lie in expanding demand sectors and emerging technological trends.

Photronics reports record 2023 performance, eyes growth opportunities in IC

Photronics had a stellar year in 2023 with record revenue and operational margin. Strong cash position and planned investments signal confidence in future growth. Challenges lie in managing CapEx effectively while pursuing growth opportunities.

Photronics (PLAB) reports resilient Q1 earnings amidst market challenges

Photronics (PLAB) delivered solid Q1 performance with revenue growth, improved margins, and strong cash flow.
Challenges include soft mainstream demand and slight revenue decline from the previous quarter.
Opportunities lie in the semiconductor industry's growth prospects and anticipated photomask demand increase.

Photronics reports Q2 sales increase despite Taiwan earthquake impact

Photronics navigated challenges in Q2, with a slight sales increase but faced setbacks from the Taiwan earthquake. Despite this, the company remains optimistic about demand trends and aims for profitable growth in 2024 and beyond.

Photronics reports resilient Q3 earnings amidst market challenges

Photronics navigated challenges in Q3 due to soft demand from Asia foundry but maintained strong financial performance with a focus on growth. The company's emphasis on long-term trends driving photomask demand and their positive outlook on market growth trends position them well for future opportunities. Managing challenges while capitalizing on growth prospects will be key for Photronics.

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Photronics, Inc. engages in the provision of photomasks which are quartz or glass plates containing microscopic images of electronic circuits for use in the fabrication of integrated circuits and flat-panel displays. The company was founded by Constantine S. Macricostas in 1969 and is headquartered in Brookfield, CT.

Significant revenue and profit growth between 2020 and 2023 drove the stock price above the $30-mark earlier this year. Following several earnings misses caused by softer than expected photomask demand in 2024, PLAB stock is down close to -30% YTD. Mid- and longer-term growth and profitability trends seem to be intact, as Photronics is well positioned to capitalize on secular tailwinds.

Photronics: Pull-Back On Soft Near-Term Demand Creates Long-Term Buying Opportunity

Photronics Inc. (NASDAQ:PLAB ) Q3 2024 Earnings Conference Call August 29, 2024 8:30 AM ET Company Participants Eric Rivera - Chief Financial Officer Frank Lee - Chief Executive Officer Christopher Progler - Executive Vice President, Chief Technology Officer, Strategic Planning Conference Call Participants Thomas Diffely - D.A. Davidson & Co. Operator Ladies and gentlemen, thank you for standing by.

Photronics Inc. (PLAB) Q3 2024 Earnings Call Transcript

BROOKFIELD, Conn., Aug. 29, 2024 (GLOBE NEWSWIRE) -- Photronics, Inc. (NASDAQ:PLAB), a worldwide leader in photomask technologies and solutions, today reported financial results for its third quarter of fiscal year 2024 ended July 28, 2024.

Photronics Reports Third Quarter Fiscal 2024 Results and Share Repurchase Authorization

BROOKFIELD, Conn., Aug. 15, 2024 (GLOBE NEWSWIRE) -- Photronics, Inc. (Nasdaq:PLAB), a worldwide leader in photomask technologies and solutions, is scheduled to announce financial results for the third quarter of fiscal 2024 on Thursday, August 29, 2024, before the market opens.

Photronics to Report Third Quarter Earnings

Photronics, Inc. is a leading manufacturer of photomasks for semiconductors, with significant demand due to AI and IoT applications. Planned investments in IC capacity and efficiency in 2024 could drive FCF growth. The company is also expecting demand for its products thanks to supply chain regionalization and differentiation by design.

Photronics: Extremely Undervalued, And A Cash Rich Photomask Leader

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BROOKFIELD, Conn., May 28, 2024 (GLOBE NEWSWIRE) -- Photronics, Inc. (NASDAQ:PLAB), a worldwide leader in photomask technologies and solutions, today announced that Eric Rivera, has been promoted to chief financial officer, effective immediately. Eric previously held the role of interim CFO since February 2024 and served as chief accounting officer since 2020.

Photronics Announces Chief Financial Officer Appointment

Photronics (PLAB) second-quarter fiscal 2024 results reflect weakness in the IC and FPD segments due to the impact of the Taiwan earthquake and the Chinese New Year holiday.

Photronics (PLAB) Q2 Earnings Miss Estimates, Revenues Fall Y/Y

Photronics Inc. (NASDAQ:PLAB ) Q2 2024 Earnings Conference Call May 22, 2024 8:30 AM ET Company Participants Frank Lee - Chief Executive Officer Eric Rivera - interim Chief Financial Officer, Chief Accounting Officer Chris Progler - Chief Technology Officer Richelle Burr - Executive Vice President, Chief Administrative Officer Conference Call Participants Linda Umwali - DA Davidson Eric Reckwood - [unknown firm] Operator Good day and thank you for standing by. Welcome to the Photronics second quarter 2024 earnings conference call.

Photronics (PLAB) Q2 2024 Earnings Call Transcript

BROOKFIELD, Conn., May 22, 2024 (GLOBE NEWSWIRE) -- Photronics, Inc. (NASDAQ:PLAB), a worldwide leader in photomask technologies and solutions, today reported financial results for its second quarter of fiscal year 2024 ended April 28, 2024.

Photronics Reports Second Quarter Fiscal 2024 Results

Photronics' (PLAB) second-quarter fiscal 2024 performance is likely to reflect strength in Integrated Circuit (IC) and Flat Panel Display (FPD) segments.

Photronics (PLAB) to Post Q2 Earnings: What's in the Offing?

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BROOKFIELD, Conn., May 08, 2024 (GLOBE NEWSWIRE) -- Photronics, Inc. (Nasdaq:PLAB), a worldwide leader in photomask technologies and solutions, is scheduled to announce financial results for the second quarter of fiscal 2024 on Wednesday, May 22, 2024, before the market opens.

Photronics to Report Second Quarter Earnings

Photronics specializes in producing photomasks for the semiconductor and flat panel display manufacturing processes. The company saw slight sales growth year-over-year, but a dip in mainstream demand affected overall revenue. PLAB has solid operating performance, a positive cash flow, and reasonable valuation, making it a compelling buy.

Photronics: A Critical Link In The Global Electronics Supply Chain

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