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. (symbol: PLAB) is a leading industry player in the design, development, and production of reticles and photomasks for semiconductor and microelectronic applications. Established in Connecticut in 1969, the company has grown from its humble beginnings to become a publicly-held corporation in 1987 and now operates an extensive network of nine manufacturing facilities worldwide.
Photronics specializes in manufacturing photomasks, which are critical components in the production of integrated circuits and flat-panel displays. These photomasks are photographic quartz plates featuring microscopic images of electronic circuits. The core business of Photronics lies in the production of these photomasks, with a significant portion of the company's revenue coming from integrated circuits products, while the rest is derived from flat-panel display products.
The company's operations are strategically located across the globe, with significant assets in Taiwan, Korea, and the United States. Photronics generates revenue from various regions, including the United States, Europe, Taiwan, Korea, China, and other parts of Asia. Taiwan stands out as a major revenue contributor for the company.
Photronics continues to innovate and lead the market by maintaining robust partnerships, delivering cutting-edge products, and embarking on various projects to enhance its technological capabilities. The company's latest endeavors include forward-looking projects aimed at expanding its technological impact and market reach.
For the most recent updates and further information, you can reach out to John P. Jordan, the Executive Vice President & CFO, at jjordan@photronics.com.
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.
Photronics (Nasdaq:PLAB) is set to announce its fourth quarter fiscal 2021 financial results on December 8, 2021, before market opening. A public conference call will follow at 8:30 a.m. ET, where management will address inquiries about financial performance and industry outlook. This call will be accessible live on the company's website, and participants should dial in five minutes early. Founded in 1969, Photronics is a leading manufacturer of photomasks for the integrated circuit and flat panel display industries, with 11 manufacturing sites across Asia, Europe, and North America.
Photronics DNP Mask Corporation (PDMC), a subsidiary of Photronics (NASDAQ:PLAB), has received the 2021 UMC Excellent Collaboration and Partnership Award from United Microelectronics Corporation (TWSE:2303). This recognition highlights PDMC's role as UMC's preferred mask supplier over recent years. CEO Peter Kirlin emphasized the significance of photomasks in the semiconductor supply chain and expressed optimism for their ongoing partnership as UMC expands its wafer fabrication capacity, aiming to grow its global market share.
Photronics, Inc. reported a record revenue of $170.6 million for Q3 2021, reflecting a 7% sequential increase and an 8% year-over-year growth. The net income attributable to shareholders reached $17.1 million, or $0.28 per diluted share, boosted by a one-time gain of $3.5 million. Key revenue drivers included IC revenue at $117.8 million and FPD revenue at $52.9 million. Looking forward, the company anticipates Q4 revenue between $171 and $179 million and EPS between $0.21 and $0.29.
Photronics, Inc. (Nasdaq:PLAB) will announce its financial results for Q3 fiscal 2021 on August 25, 2021, before market opening. A public conference call is scheduled for the same day at 8:30 a.m. ET, where management will address financial performance and industry outlook. The call will be accessible via their website, and participants can join the Q&A by calling designated numbers. Established in 1969, Photronics specializes in photomasks necessary for integrated circuits and flat panel displays, operating 11 manufacturing facilities globally.
Photronics (Nasdaq:PLAB), a leader in photomask technologies, will present at two upcoming virtual investor conferences. The first is the Stifel 2021 Virtual Cross Sector Insight Conference on June 8, 2021, at 8:40 a.m. Eastern Time, followed by Baird’s 2021 Global Consumer, Technology & Services Conference on June 10, 2021, at 12:50 p.m. Eastern Time. Both events include opportunities for virtual one-on-one meetings with investors. Founded in 1969, Photronics has over 50 years of experience in manufacturing integrated circuit (IC) and flat panel display (FPD) photomasks.
Photronics, Inc. (NASDAQ:PLAB) reported a record revenue of $159.8 million for Q2 2021, marking a 5% increase sequentially and a 12% rise year-over-year. Net income attributable to shareholders was $10.5 million, or $0.17 per diluted share. The company anticipates Q3 revenue between $162 million and $172 million, with diluted EPS projected between $0.19 and $0.25. This growth reflects strong demand for integrated circuits and flat panel displays, alongside expanding gross and operating margins of 24.6% and 13.0%, respectively.
Photronics (Nasdaq:PLAB) plans to announce its second-quarter fiscal 2021 financial results on May 26, 2021, before the market opens. A public conference call will follow at 8:30 a.m. Eastern Time, where management will discuss financial performance, business conditions, and industry outlook. The call will be accessible on the company’s website, with participation details for analysts and investors provided. Established in 1969, Photronics specializes in manufacturing photomasks essential for integrated circuit and flat panel display production, operating 11 facilities globally.
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