Photronics Reports Third Quarter Fiscal 2024 Results and Share Repurchase Authorization
Photronics, Inc. (PLAB)
Last photronics, inc. earnings: 3/4 06:00 am
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US:NASDAQ Investor Relations:
investor.shareholder.com/photronics/index.cfm
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Source: GlobeNewswire
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. “Market softness in some segments during the quarter impacted photomask demand, reducing both IC and FPD revenue,” said Frank Lee, chief executive officer. “The photomask demand recovery that started to take shape early in the third quarter slowed during the period due to select regional and end-use customer order patterns. This was combined with broader customer focus on rising semiconductor channel inventory that limited chip design activity through the quarter. In response, we tuned our mix and sales strategy, allowing us to optimize margins despite lower demand. Megatrends such as AI, supply chain regionalization, and edge computing are driving secular photomask value and demand, supporting our optimistic view of the long-term global photoma
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PLAB
Earnings
- 12/11/24 - Beat
PLAB
Sec Filings
- 2/14/25 - Form 4
- 2/14/25 - Form 4
- 2/14/25 - Form 4
- PLAB's page on the SEC website