Photronics Q3 net income $22.9M, non-GAAP EPS $0.51; guides Q4 rev $201-209M

PHOTRONICS INC

2025-Q3 EPS reported $1.23 revenue$633,524,000

Revenue $210.4M, down 0.3% YoY; GAAP EPS $0.39 vs $0.55 YoY; non-GAAP EPS $0.51 flat YoY.
IC revenue $147.8M (-5% YoY); FPD revenue $62.6M (+14% YoY).
Operating cash flow $50.1M; capex $24.8M; share repurchases $20.7M.
Board added $25M to share buyback authorization.
Q4 guidance: revenue $201-209M, non-GAAP diluted EPS $0.42-$0.48.

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