secwatch.observer — SEC 8-K summary
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Issuer:     PHOTRONICS INC (PLAB)
CIK:        0000810136
Form:       8-K
Filed at:   2026-05-28T11:01:29+00:00
Accession:  0001140361-26-023057
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Photronics Q2 FY2026 revenue $209.9M (-0.5% YoY); GAAP EPS $0.54 vs $0.15; Q3 guidance $207-215M
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- GAAP net income $31.4M ($0.54 diluted EPS) vs $8.9M ($0.15) YoY; non-GAAP EPS $0.42 vs $0.40.
- IC revenue $147.5M (-5% YoY, -11% sequential); FPD revenue $62.4M (+13% YoY, +4% sequential).
- Q3 FY2026 guidance: revenue $207-215M, operating margin 18-20%, non-GAAP EPS $0.39-0.45.
- Cash & short-term investments $637.7M; operating cash flow $47.0M; capex $45.8M.
- CEO cites delayed design releases due to high fab utilization and geopolitical uncertainty as near-term headwinds.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/810136/000114036126023057/0001140361-26-023057-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/810136/000114036126023057/ef20074970_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-023057

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