PLAB News and Press, Photronics Inc. From 08/30/22

Photronics ( NASDAQ: PLAB ) stock fell ~23% on Aug. 30 after the company revealed its FQ4 revenue outlook. FQ3 revenue grew +28.89% to ~$219.95M, beating analysts estimates of $210M. Revenue from Integrated Circuit increased +37% Y/Y to $161.3M, while Fl...

Photronics Inc. (PLAB) Q3 2022 Earnings Conference Call August 30, 2022 8:30 am ET Company Participants Frank Lee - Chief Executive Officer John Jordan - Executive Vice President, Chief Financial Officer Chris Progler - Chief Technology Officer Richelle Burr ...

Photronics press release ( NASDAQ: PLAB ): Q3 GAAP EPS of $0.51 beats by $0.01 . Revenue of $219.95M (+28.9% Y/Y) beats by $9.95M . Fourth Quarter 2022 Guidance: For the fourth quarter of 2022, Photronics expects revenue to be between $205 million and $2...

BROOKFIELD, Conn., Aug. 30, 2022 (GLOBE NEWSWIRE) -- Photronics, Inc. (NASDAQ:PLAB), a worldwide leader in photomask technologies and solutions, today reported financial results for its fiscal 2022 third quarter ended July 31, 2022. “We achieved our sixth consecutive quarte...

The economy is cooling according to July CPI of 8.5%, which fell from June’s 9.1%. The GDP report shows the U.S. economy contracted for the second quarter in a row. Economists and investors on both sides debate whether we are in a recession. Whatever the outlook, investors ...

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Photronics shares rose 77% in the past year, while the overall Nasdaq lost 15% in the same period. Their revenue, cash flow, and profit will grow rapidly with the semiconductor boom. Photronics has a definitive competitive edge with technological superiority. Investment ...

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Photonics' Q3 2022 guidance will put its trailing twelve months' revenues ahead of its previously announced 2023 financial targets. The business is in top shape. Photronics is well-positioned to benefit from widely reported chip shortages. Photronics is highly free cash flow gener...