secwatch.observer — SEC 8-K summary
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Issuer:     PHOTRONICS INC (PLAB)
CIK:        0000810136
Form:       8-K
Filed at:   2022-05-25T23:59:59+00:00
Accession:  0001567619-22-011651
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Photronics reports Q2 revenue $204.5M, up 28% YoY; EPS $0.49 vs $0.17 YoY; raises guidance
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- Q2 revenue $204.5M, up 8% sequentially and 28% YoY; net income $29.8M ($0.49 diluted EPS).
- IC revenue $145.8M (+30% YoY); FPD revenue $58.7M (+23% YoY).
- Gross margin expanded to 36% (vs 24.6% YoY); operating margin 25% (vs 13% YoY).
- Guides Q3 revenue $205-215M and diluted EPS $0.45-0.55.
- Fifth consecutive quarter of record revenue; updated long-term target model provided.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/810136/000156761922011651/0001567619-22-011651-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/810136/000156761922011651/brhc10038074_8k.htm
  HTML page:      https://secwatch.observer/filing/0001567619-22-011651

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