Photronics Inc is a leading manufacturer of photomasks, which are essential components used in the production of semiconductors and integrated circuits
The company designs and fabricates high-precision photomasks that facilitate the transfer of circuit patterns onto silicon wafers during the semiconductor manufacturing process. Photronics serves a diverse range of customers including major semiconductor manufacturers, enabling advancements in technology across various sectors such as consumer electronics, telecommunications, and automotive industries. With a focus on innovation and quality, Photronics supports the rapidly evolving landscape of microelectronics by providing advanced solutions to meet the increasing demands for smaller, faster, and more efficient chips.
Looking back on semiconductor manufacturing stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including KLA Corporation (NASDAQKLAC) and its peers.
Over the last six months, Photronics’s shares have sunk to $24.57, producing a disappointing 9.4% loss - a stark contrast to the S&P 500’s 7.7% gain. This might have investors contemplating their next move.
Wrapping up Q3 earnings, we look at the numbers and key takeaways for the semiconductor manufacturing stocks, including Photronics (NASDAQPLAB) and its peers.
Wrapping up Q3 earnings, we look at the numbers and key takeaways for the semiconductor manufacturing stocks, including Kulicke and Soffa (NASDAQKLIC) and its peers.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Applied Materials (NASDAQAMAT) and its peers.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the semiconductor manufacturing industry, including Nova (NASDAQNVMI) and its peers.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the semiconductors industry, including Seagate Technology (NASDAQSTX) and its peers.
Shares of semiconductor photomask manufacturer Photronics (NASDAQPLAB) jumped 20.3% in the morning session after the company reported strong third-quarter results, which blew past analysts' EPS expectations, driven by revenue and profit outperformance vs Wall Street's estimates. The results marked a sharp rebound from the slower growth in the previous quarter. Revenue rose sequentially in the fourth quarter, fueled by stronger sales of Integrated Circuits (ICs) and Flat Panel Displays (FPDs). Notably, IC sales surged in the United States, while demand for FPDs showed steady growth across multiple regions.
Guidance was also solid, with next quarter's revenue outlook ahead of expectations while EPS was in line, suggesting the improved trend will continue.
Semiconductor photomask manufacturer Photronics (NASDAQPLAB) reported Q3 CY2024 results topping the market’s revenue expectations, but sales fell by 2.1% year on year to $222.6 million. Guidance for next quarter’s revenue was better than expected at $212 million at the midpoint, 1% above analysts’ estimates. Its non-GAAP profit of $0.59 per share was 13.5% above analysts’ consensus estimates.
Semiconductor photomask manufacturer Photronics (NASDAQPLAB) will be announcing earnings results tomorrow before market hours. Here’s what to look for.
