Photronics (PLAB) News & Sentiment

PLAB's first-quarter fiscal 2025 performance is likely to have reflected strength in the Integrated Circuit and Flat Panel Display segments.

PLAB is an attractive stock for value-oriented investors, given the growing demand for its chips in AI, IoT, 5G and consumer products.

BROOKFIELD, Conn., Jan. 10, 2025 (GLOBE NEWSWIRE) -- Photronics, Inc. (Nasdaq: PLAB), a worldwide leader in photomask technologies and solutions, announced today the appointment of George Macricostas to the position of Executive Chairman, effective January 6, 2025.

Photronics reported $223M in Q4-FY24 sales, surpassing guidance, with 5% IC and 7% FPD growth. The stock offers a 40% upside based on normalized PE and a 47% price-to-sales discount. Planned $200M 2025 CapEx focuses on U.S. capacity expansion and advanced technology node capabilities.

BROOKFIELD, Conn., Dec. 18, 2024 (GLOBE NEWSWIRE) -- Photronics, Inc. (Nasdaq: PLAB), a worldwide leader in photomask technologies and solutions, announced today the appointment of David Garcia to the company's Board of Directors on December 12, 2024. This election expands Board membership to nine members, seven of whom are independent.

Photronics Inc. (NASDAQ:PLAB ) Q4 2024 Earnings Conference Call December 11, 2024 8:30 AM ET Company Participants Ted Moreau - Vice President of Investor Relations Frank Lee - Chief Executive Officer Eric Rivera - Chief Financial Officer Chris Progler - Chief Technology Officer Conference Call Participants Tom Diffely - D. A. Davidson Operator Good day, and welcome to the Photronics Q4 FY'24 Earnings Call.

BROOKFIELD, Conn., Dec. 11, 2024 (GLOBE NEWSWIRE) -- Photronics, Inc. (NASDAQ:PLAB), a worldwide leader in photomask technologies and solutions, today reported financial results for its full year and fourth quarter of fiscal year 2024 ended October 31, 2024.

BROOKFIELD, Conn., Nov. 27, 2024 (GLOBE NEWSWIRE) -- Photronics, Inc. (Nasdaq:PLAB), a worldwide leader in photomask technologies and solutions, is scheduled to announce financial results for the fourth quarter of fiscal 2024 on Wednesday, December 11, 2024, before the market opens.

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.