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PLAB News and Press, Photronics Inc. From 05/25/22

Stock Information

Company Name: Photronics Inc.
Stock Symbol: PLAB
Market: NASDAQ
Website: photronics.com

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PLAB - Photronics (PLAB) CEO, Frank Lee on Q2 2022 Results - Earnings Call Transcript

Photronics Inc. (PLAB) Q2 2022 Earnings Conference Call May 25, 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 Conference Call Participants Patrick Ho - Stifel Ha...

PLAB - Photronics GAAP EPS of $0.49 beats by $0.14, revenue of $204.51M beats by $12.14M

Photronics press release (NASDAQ:PLAB): Q2 GAAP EPS of $0.49 beats by $0.14. Revenue of $204.51M (+28.0% Y/Y) beats by $12.14M. For 3Q22, the company expects revenue to be between $205M and $215M vs. consensus of $196.4M, and diluted EPS to be between $0.45 and $0.55 vs. consensus of $0.37. ...

PLAB - Photronics Reports Second Quarter Fiscal 2022 Results and Updates Long-Term Target Model

BROOKFIELD, Conn., May 25, 2022 (GLOBE NEWSWIRE) -- Photronics, Inc. (NASDAQ:PLAB), a worldwide leader in photomask technologies and solutions, today reported financial results for its fiscal 2022 second quarter ended May 1, 2022. “Second quarter was another excellent quart...

PLAB - Photronics Q2 2022 Earnings Preview

Photronics (NASDAQ:PLAB) is scheduled to announce Q2 earnings results on Wednesday, May 25th, before market open. The consensus EPS Estimate is $0.35 (+105.9% Y/Y) and the consensus Revenue Estimate is $192.37M (+20.4% Y/Y). Over the last 1 year, PLAB has beaten EPS estimates 50% of the time ...

PLAB - Photronics names new executive chief

Photronics (NASDAQ:PLAB +0.1%) announces that Dr. Frank Lee, who was named President on March 14, 2022, has been named CEO and will join the company’s Board of Directors. Constantine Macricostas, who in addition to his role as Chairman of the Board had also been serving as in...

PLAB - Photronics Names Frank Lee Chief Executive Officer and Welcomes Adam Lewis to Board of Directors

BROOKFIELD, Conn., May 16, 2022 (GLOBE NEWSWIRE) -- Photronics, Inc. (Nasdaq: PLAB), a worldwide leader in photomask technologies and solutions, announced today that Dr. Frank Lee, who was named President on March 14, 2022, has been named Chief Executive Officer and will join the company&#x...

PLAB - Most likely large-cap and small-cap merger candidates -BofA

BofA Securities screened for stocks with the the characteristics most likely to attract suitors, both in the large- and small-cap universes. For S&P 500 (SP500) (SPY) targets, BofA: Screens based on its preferred valuation metric of free cash flow to enterprise value (FCF/EV) for those tr...

PLAB - Photronics jumps 6% as Stifel upgrades rating, PT to $21

Stifel upgrades Photronics (PLAB +4.8%) to a Buy from Hold rating, and increasing our target price to $21. Elaborating on the new price target, $21 is based on 10x CY23 EPS of $1.93 plus ~$2 in net cash per share exiting CY23. Currently the stock trades at $15.20, and has a market cap of $895...

PLAB - Photronics: Time To Get Back In

The stock has stalled after a big run, even though earnings growth is strong as ever thanks to an expansion that has legs to it. The chart patterns reveal a certain level of resilience in PLAB despite all the recent headwinds, which bodes well going forward considering the circumstanc...

PLAB - Photronics: Key Player In The Semiconductor Value Chain Despite Small Size

Photronics is a supplier of photomasks used in semiconductor and display manufacturing. The company has managed to deliver higher margins despite supply chain bottlenecks and a high-inflation environment. Reasons are the production of high-end products and offshoring of production...

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