secwatch.observer — SEC 8-K summary
======================================

Issuer:     PHOTRONICS INC (PLAB)
CIK:        0000810136
Form:       8-K
Filed at:   2024-08-30T23:59:59+00:00
Accession:  0001140361-24-039715
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Photronics Q3 revenue falls 6% YoY to $211M; authorizes $100M share repurchase
------------------------------------------------------------------------------

- GAAP EPS $0.55 vs $0.44 in prior year; non-GAAP EPS $0.51 flat YoY.
- IC revenue $155.9M (-4% YoY); FPD revenue $55.1M (-10% YoY).
- Board expands share repurchase authorization to $100M from remaining $31.7M.
- Q4 guidance: revenue $213M–$221M; non-GAAP EPS $0.48–$0.54.
- Operating cash flow $75.1M; cash and short-term investments $606.4M; debt $20.1M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/810136/000114036124039715/0001140361-24-039715-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/810136/000114036124039715/ef20034494_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-039715

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer