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, Inc. reported first-quarter fiscal 2021 revenue of $152.1 million, rising 2% sequentially but declining 5% year-over-year. Net income was $8.0 million, or $0.13 per diluted share, compared to $6.5 million in the previous quarter and $10.3 million a year ago. The company anticipates second-quarter revenue guidance between $153 million and $162 million, with diluted EPS ranging from $0.14 to $0.20. CEO Peter Kirlin noted strong demand for mobile displays and a positive outlook for mask demand in 2021.
Photronics, Inc. (Nasdaq:PLAB) is set to release its first quarter fiscal 2021 financial results on February 24, 2021, before market opening. A public conference call will follow at 8:30 a.m. ET, where management will discuss financial performance and industry conditions. The call will be available for live and on-demand listening on the company's website. Photronics specializes in photomask technologies for integrated circuits and flat panel displays, with a global workforce of 1,728 employees across 11 manufacturing facilities.
Photronics, a global leader in photomask technologies, will present at the 23rd Annual Needham Virtual Growth Conference on January 15, 2021, at 1:15 p.m. Eastern Time. Investors can access a live and on-demand webcast of the presentation on their website. Founded in 1969, Photronics specializes in manufacturing photomasks essential for integrated circuits and flat panel displays. The company operates 11 manufacturing facilities globally and employed 1,728 people as of October 31, 2020. For more details, visit www.photronics.com.
Photronics, Inc. (NASDAQ:PLAB) reported a record annual revenue of $609.7 million for 2020, an 11% increase from 2019. The fourth quarter revenue was $149.3 million, reflecting a 5% decline sequentially and 4% year-over-year. Net income for 2020 was $33.8 million ($0.52 per diluted share), while the fourth quarter net income was $6.5 million ($0.10 per diluted share). For Q1 2021, Photronics anticipates revenue between $145 million and $155 million with diluted EPS guidance of $0.07 to $0.14.
Photronics, a leader in imaging technology for the electronics industry, is hosting a virtual analyst and investor event on December 14, 2020, at 10:00 a.m. Eastern time. CEO Peter Kirlin, CTO Chris Progler, and CFO John Jordan will discuss company strategy, market opportunities, and financial targets. Attendees can ask questions during the event, which will be broadcast on the company’s website. Photronics is known for its photomasks, essential in integrated circuit and flat panel display manufacturing, and has a global presence with 11 manufacturing facilities.
Photronics, a leader in photomask technologies, will release its financial results for Q4 FY2020 on December 9, 2020, before market opening. A conference call will follow at 8:30 a.m. Eastern Time, discussing financial performance, business conditions, and market outlook. Participants can join by dialing provided numbers. Photronics has been a trusted supplier since 1969, operating 11 manufacturing facilities globally, with 1,775 employees as of Oct 31, 2019.
Photronics, Inc. reported a strong fiscal Q3 2020 performance, with revenue of $157.9 million, marking an 11% sequential increase and a 14% year-over-year rise. Net income for shareholders reached $10.8 million or $0.17 per diluted share. Notably, integrated circuit revenue grew to $108.7 million, up 12% sequentially, while flat panel display revenue hit $49.2 million, up 30% year-over-year. Looking ahead, the company anticipates Q4 revenue between $148 million and $158 million and diluted EPS between $0.12 and $0.19.
Photronics, a global leader in photomask technologies, will release its third quarter fiscal 2020 financial results on August 27, 2020, 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, with potential undisclosed insights. Photronics operates 11 manufacturing facilities across the globe and employs 1,775 people, continuing its legacy since its founding in 1969.
On July 16, 2020, Photronics (NASDAQ: PLAB) announced the appointment of Daniel Liao as an independent director on its Board, effective September 10, 2020. This addition expands the Board to seven members, including four independent directors. Liao, formerly a senior advisor at Lam Research, brings extensive experience in international operations and technology development, particularly in the semiconductor sector in Asia. His appointment is expected to enhance the company's strategic direction as it continues to invest and grow in the region.
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