{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-22-045331","form_type":"8-K","ticker":"PLAB","cik":"0000810136","company_name":"PHOTRONICS INC","filed_at":"2022-12-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.622006+00:00","generated_at":"2026-06-21T05:51:07.778507+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Photronics reports record FY2022 revenue of $824.5M; Q4 EPS $0.60; Q1 guidance $0.40-0.48","bullets":["Full year revenue $824.5M (+24% YoY), net income $118.8M ($1.94 diluted EPS) vs $55.4M ($0.89) in 2021.","Q4 revenue $210.3M (-4% seq, +16% YoY), net income $37.1M ($0.60 diluted) vs $31.2M ($0.51) in Q3 2022.","IC revenue $156.2M (-3% seq); FPD revenue $54.1M (-8% seq); management cites soft high-end logic and FPD demand.","Q1 2023 guidance: revenue $203-213M, diluted EPS $0.40-0.48; cash from ops $275M in FY2022; debt reduced significantly.","Record revenue for fifth consecutive year; cash and short-term investments $359M; capex of $112M invested in growth."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-22-045331","json":"https://secwatch.observer/filing/0001140361-22-045331.json","markdown":"https://secwatch.observer/filing/0001140361-22-045331.md","text":"https://secwatch.observer/filing/0001140361-22-045331.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/810136/000114036122045331/0001140361-22-045331-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/810136/000114036122045331/brhc10045360_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T05:51:07.778507+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"64af4f51a5324900c759c00be021094ce5aa2be2","claim":"PHOTRONICS INC reported first quarter of 2023 results: revenue between $203 million and $213 million, net income between $0.40 and $0.48 per diluted share. Guidance initiated.","evidence_excerpt":"For the first quarter of 2023, Photronics expects revenue to be between $203 million and $213 million and net income attributable to Photronics, Inc. shareholders to be between $0.40 and $0.48 per diluted share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/810136/000114036122045331/0001140361-22-045331-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of 2023"},{"label":"Revenue","value":"between $203 million and $213 million"},{"label":"Net income","value":"between $0.40 and $0.48 per diluted share"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"cf4cf1c5403674bf798bcf870cc6acef2e524dbf","claim":"PHOTRONICS INC reported fourth quarter ended October 31, 2022 results: revenue $210.3 million, net income $37.1 million ($0.60 per diluted share).","evidence_excerpt":"to $359 million, with $275 million generated from operating activities and $112 million invested in growth through capital expenditures Fourth Quarter 2022 Results • Revenue was $210.3 million, down 4% sequentially and up 16% compared with the same period of last year • Net income attributable to Photronics, Inc. shareholders was $37.1 million ($0.60 per diluted","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/810136/000114036122045331/0001140361-22-045331-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter ended October 31, 2022"},{"label":"Revenue","value":"$210.3 million"},{"label":"Net income","value":"$37.1 million ($0.60 per diluted share)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"e5af26df9310b30d117b239496b51409a8eefe23","claim":"PHOTRONICS INC reported fiscal 2022 full year ended October 31, 2022 results: revenue $824.5 million, net income $118.8 million ($1.94 per diluted share).","evidence_excerpt":"uncertainty. The global Photronics team performed well in 2022 and we believe we will continue to achieve our goals in 2023 and beyond.” Full Year 2022 Results • Revenue of $824.5 million was up 24% over the previous year and was the fifth consecutive year of record revenue • Net income attributable to Photronics, Inc. shareholders was $118.8 million ($1.94 per","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/810136/000114036122045331/0001140361-22-045331-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal 2022 full year ended October 31, 2022"},{"label":"Revenue","value":"$824.5 million"},{"label":"Net income","value":"$118.8 million ($1.94 per diluted share)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}