Photronics Reports Full Year and Fourth Quarter Fiscal 2024 Results [Yahoo! Finance]
Photronics, Inc. (PLAB)
Last photronics, inc. earnings: 3/4 06:00 am
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Source: Yahoo! Finance
reported financial results for its full year and fourth quarter of fiscal year 2024 ended October 31, 2024. “We achieved sequential revenue growth in the fourth quarter, with increased sales in both Integrated Circuits (IC) and Flat Panel Displays (FPD),” said Frank Lee, chief executive officer. “IC growth was driven by strong high-end sales, particularly in the US, while FPD was led by mainstream demand. Photomask demand trends were favorable as we ended the year and we are cautiously optimistic that these trends will continue into 2025, driven by megatrends such as AI, supply chain regionalization, and edge computing. We believe our competitive advantages and market leadership will allow us to grow along with the photomask market growth trajectory. Combined with financial discipline to expand margins and improve cash flow, we are well positioned to continue growing profitably and creating shareholder value.” Full Year Fiscal 2024 Results Revenue was $866.9 million, down 3% fro
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PLAB
Earnings
- 12/11/24 - Beat
PLAB
Sec Filings
- 12/20/24 - Form 3
- 12/20/24 - Form 4
- 12/20/24 - Form 4
- PLAB's page on the SEC website