Profile
Sector:
TechnologyIndustry:
Semiconductor Equipment & MaterialsCountry:
United StatesIPO:
10 March 1987Website:
http://www.photronics.comNext earnings report:
13 December 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Thu, 03 Oct 2024 21:07:57 GMTDividend
Analysts recommendations
Institutional Ownership
PLAB Latest News
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.
The stock market makes companies rapidly gain value every day. However, when it comes to companies which increase as much as 10X over half a decade, there are a few common factors such as an innovative product, positive quarterly and annual growth, and earnings which regularly beat estimates.
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 (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.
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' (PLAB) second-quarter fiscal 2024 performance is likely to reflect strength in Integrated Circuit (IC) and Flat Panel Display (FPD) segments.
Photronics is a company that focuses on creating photomasks for the semiconductor and flat panel display industries. Although there was a small increase in sales compared to the previous year, a decrease in general demand impacted overall revenue. Despite this, PLAB has strong operational performance, positive cash flow, and a reasonable valuation, making it an attractive investment option.
Photronics (PLAB) closed the most recent trading day at $28.49, moving +1.97% from the previous trading session.
Photronics, a leader in the photomask industry, has benefited from surging demand notably in Asia, where it made 80% of 2023 revenues. After spiking almost 50% in December on strong Q4 results, the stock recently pulled back following the Company's Q1 revenue and operating margin miss. Short- and longer-term growth and profitability trends seem intact, as Photronics is well-positioned to capitalize on secular tailwinds.
Photronics (PLAB) closed the most recent trading day at $28.32, moving -1.56% from the previous trading session.
What type of business is Photronics?
Photronics, Inc., together with its subsidiaries, engages in the manufacture and sale of photomask products and services in the United States, Taiwan, China, Korea, Europe, and internationally. It offers photomasks that are used in the manufacture of integrated circuits and flat panel displays (FPDs); and to transfer circuit patterns onto semiconductor wafers, and FDP substrates. The company offers electrical and optical components. It sells its products to semiconductor and FPD manufacturers, designers, and foundries, as well as to other high-performance electronics manufacturers through its sales personnel and customer service representatives. The company was formerly known as Photronic Labs, Inc. and changed its name to Photronics, Inc. in 1990. Photronics, Inc. was incorporated in 1969 and is based in Brookfield, Connecticut.
What sector is Photronics in?
Photronics is in the Technology sector
What industry is Photronics in?
Photronics is in the Semiconductor Equipment & Materials industry
What country is Photronics from?
Photronics is headquartered in United States
When did Photronics go public?
Photronics initial public offering (IPO) was on 10 March 1987
What is Photronics website?
https://www.photronics.com
Is Photronics in the S&P 500?
No, Photronics is not included in the S&P 500 index
Is Photronics in the NASDAQ 100?
No, Photronics is not included in the NASDAQ 100 index
Is Photronics in the Dow Jones?
No, Photronics is not included in the Dow Jones index
When was Photronics the previous earnings report?
No data
When does Photronics earnings report?
The next expected earnings date for Photronics is 13 December 2024