---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-042837"
form_type: "8-K"
ticker: "PLAB"
cik: "0000810136"
company_name: "PHOTRONICS INC"
filed_at: "2023-09-06T23:59:59+00:00"
generated_at: "2026-06-10T23:41:08.191915+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Photronics Q3 rev $224.2M (+2% YoY), GAAP EPS $0.44, guides Q4 rev $222-232M

## Summary
- GAAP net income $27.0M ($0.44/diluted) vs $31.2M ($0.51) YoY; non-GAAP $31.6M ($0.51).
- IC revenue $163.1M (+1% YoY); FPD revenue $61.1M (+4% YoY); both down ~2% sequentially.
- Cash from ops $85.9M; capex $21.1M; ending cash $448.5M; total debt $26.7M.
- Q4 FY2023 guidance: revenue $222M-$232M, non-GAAP EPS $0.51-$0.59.
- Management cites temporary demand slowdown in some end markets; long-term outlook positive.

## SEC filing metadata
- accession: 0001140361-23-042837
- form_type: 8-K
- ticker: PLAB
- cik: 0000810136
- company_name: PHOTRONICS INC
- filed_at: 2023-09-06T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/810136/000114036123042837/0001140361-23-042837-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/810136/000114036123042837/brhc20058525_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-042837
- JSON: https://secwatch.observer/filing/0001140361-23-042837.json
- Plain text: https://secwatch.observer/filing/0001140361-23-042837.txt

## Key facts
- Earnings Releases
  PHOTRONICS INC reported third quarter of fiscal year 2023 ended July 30, 2023 results: revenue $224.2 million, net income $27.0 million, or $0.44 per diluted share, EPS $0.44 per diluted share. Guidance initiated.
  - Period: third quarter of fiscal year 2023 ended July 30, 2023
  - Revenue: $224.2 million
  - Net income: $27.0 million, or $0.44 per diluted share
  - EPS: $0.44 per diluted share
  - Guidance: initiated
  - Result: reported results
  source text: risks. As the world’s largest merchant photomask manufacturer, we are well positioned to benefit from these ongoing trends.” Third Quarter Fiscal 2023 Results • Revenue was $224.2 million, up 2% year-over-year and down 2% sequentially • GAAP net income attributable to Photronics, Inc. shareholders was $27.0 million, or $0.44 per diluted share, compared with $31.2
  evidence_url: https://www.sec.gov/Archives/edgar/data/810136/000114036123042837/0001140361-23-042837-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.