PHOTRONICS INC reported third quarter of fiscal 2026 results: revenue between $207 million and $215 million, EPS between $0.39 and $0.45 per share.
“Third Quarter Fiscal 2026 Guidance For the third quarter of fiscal 2026, Photronics expects: • Revenue to be between $207 million and $215 million, • Operating margin to be between 18% and 20%, and • Non-GAAP diluted EPS attributable to Photronics, Inc. shareholders to be between $0.39 and $0.45 per share.”
Earnings Releases
PHOTRONICS INC reported second quarter fiscal 2026 ended May 3, 2026 results: revenue $209.9 million, net income $31.4 million, EPS $0.54 per diluted share.
“• Revenue was $209.9 million, down 0.5% year-over-year and down 6.7% sequentially. • GAAP Net income attributable to Photronics, Inc. shareholders was $31.4 million, or $0.54 per diluted share”
George Macricostas was appointed as Chief Executive Officer at PHOTRONICS INC.
“Mr. George Macricostas will simultaneously assume the role of Chief Executive Officer of Photronics, Inc., while remaining Chairman of the Board.”
Frank Lee changed role as Chief Executive Officer at PHOTRONICS INC.
“On May 24, 2025, Dr. Frank Lee informed the Photronics, Inc. Board of Directors of his plans to retire in the next year or two. In order to prepare for this transition, effective with the earnings release on May 28, 2025, Dr. Lee has stepped down from his role as CEO of Photronics, Inc.”
George C. Macricostas was appointed as Executive Chairman at PHOTRONICS INC.
“On January 6, 2025, Photronics, Inc. (the “Company”) appointed George C. Macricostas to the position of Executive Chairman.”
Christopher Lutzo was appointed as Vice President, General Counsel, and Corporate Secretary at PHOTRONICS INC.
“On November 18, 2024, Photronics, Inc. (the “Company”) appointed Christopher Lutzo as Vice President, General Counsel, and Corporate Secretary, effective immediately.”
Richelle Burr retired as executive vice president, chief administrative officer, general counsel and secretary at PHOTRONICS INC.
“Photronics, Inc. (the “Company”) announces that Richelle Burr retired from her position as executive vice president, chief administrative officer, general counsel and secretary of the Company, effective September 30, 2024.”
Richelle E. Burr departed as Executive Vice President, Chief Administrative Officer, General Counsel and Secretary at PHOTRONICS INC.
“On June 11, 2024, Photronics, Inc. (the “Company”) placed Richelle E. Burr, Executive Vice President, Chief Administrative Officer, General Counsel and Secretary, and a “named executive officer,” on a paid administrative leave during the pendency of an ongoing internal review regarding certain Company transactions and other matters.”
Eric Rivera was named as Chief Financial Officer at PHOTRONICS INC.
“On May 23, 2024, Photronics, Inc. (the “Company”) named Eric Rivera Chief Financial Officer.”
Shareholder Votes
PHOTRONICS INC shareholders approved Non-binding advisory resolution on compensation of named executive officers at the 2024-03-27 meeting.
“Proposal 3. The Company's shareholders approved by non-binding vote a resolution relating to the compensation of the named executive officers of the Company as described in the compensation discussion and analysis and the narrative disclosure as included in the proxy statement relating to the annual meeting. Votes For Votes Against Abstentions Broker Non-Votes 46,436,630 3,940,892 495,947 4,437,254”
Shareholder Votes
PHOTRONICS INC shareholders approved Ratification of appointment of Deloitte & Touche LLP as independent registered public accounting firm for fiscal year 2024 at the 2024-03-27 meeting.
“Proposal 2. The Company's shareholders ratified the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for fiscal year 2024 as set forth below: Votes For Votes Against Abstentions 54,044,516 1,242,189 24,018”
Shareholder Votes
PHOTRONICS INC shareholders approved Election of eight directors at the 2024-03-27 meeting.
“Proposal 1. The Company’s shareholders elected eight (8) individuals to the Board of Directors as follows: Name Votes For Votes Withheld Broker Non-Votes Walter M. Fiederowicz 46,556,831 4,316,638 4,437,254 Dr. Frank Lee 49,998,598 874,871 4,437,254 Adam Lewis 47,109,533 3,763,936 4,437,254 Daniel Liao 47,118,219 3,755,250 4,437,254 Constantine S. Macricostas 49,075,111 1,798,358 4,437,254 George Macricostas 47,094,661 3,778,808 4,437,254 Mary Paladino 50,181,489 691,980 4,437,254 Mitchell G. Tyson 29,415,133 21,458,336 4,437,254”
Earnings Releases
PHOTRONICS INC reported first quarter of fiscal year 2024 ended January 28, 2024 results: revenue $216.3 million, net income $26.2 million, or $0.42 per diluted share, EPS $0.42 per diluted share. Guidance initiated.
“First Quarter Fiscal 2024 Results • Revenue was $216.3 million, up 2% year-over-year and down 5% sequentially • GAAP net income attributable to Photronics, Inc. shareholders was $26.2 million, or $0.42 per diluted share, compared with $14.0 million, or $0.23 per diluted share in the first quarter 2023 and $44.6 million, or $0.72 per diluted share in the fourth quarter of 2023”
Eric Rivera was appointed as interim chief financial officer at PHOTRONICS INC.
“On January 23, 2024, the Company announced it would appoint Eric Rivera, currently the Company’s vice president, chief accounting officer and corporate controller, to the role of interim chief financial officer of the Company, effective February 23, 2024 upon Mr. Jordan’s retirement.”
John Jordan retired as Chief Financial Officer at PHOTRONICS INC.
“On January 23, 2024, the Company issued a press release announcing the retirement of Mr. Jordan and the appointment of Mr. Rivera”
Earnings Releases
PHOTRONICS INC reported full year and fourth quarter of fiscal year 2023 ended October 31, 2023 results: revenue $892.1 million, net income $125.5 million, EPS $2.03 per diluted share. Guidance initiated.
“I am proud of our team’s performance and look forward to even greater achievements as we execute our strategy in the year to come.” Full Year Fiscal 2023 Results • Revenue was $892.1 million, up 8% over the previous year – the sixth consecutive year of record revenue • GAAP net income attributable to Photronics, Inc. shareholders was $125.5 million, or $2.03 per”
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.
“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”
Earnings Releases
PHOTRONICS INC reported second quarter of fiscal year 2023 ended April 30, 2023 results: revenue $229.3 million, net income $39.9 million ($0.65 per diluted share), EPS $0.65 per diluted share. Guidance initiated.
“our long-term financial goals. I am confident that our team will continue to perform well to create value for our shareholders.” Second Quarter Fiscal 2023 Results • Revenue was $229.3 million up 9% sequentially and 12% year-over-year • GAAP net income attributable to Photronics, Inc. shareholders was $39.9 million ($0.65 per diluted share), compared with $14.0 million”
Shareholder Votes
PHOTRONICS INC shareholders approved Non-binding advisory vote to approve the compensation of the named executive officers. at the 2023-03-16 meeting.
“Proposal 5. The Company's shareholders approved by non-binding vote a resolution relating to the compensation of the named executive officers of the Company as described in the compensation discussion and analysis and the narrative disclosure as included in the proxy statement relating to the annual meeting. Votes For Votes Against Abstentions Broker Non-Votes 39,379,449 9,141,280 315,327 4,265,805”
Shareholder Votes
PHOTRONICS INC shareholders approved Non-binding advisory vote on the frequency of shareholder vote on executive compensation. at the 2023-03-16 meeting.
“Proposal 4. The Company's shareholders approved a non-binding advisory proposal as to the frequency (every one, two or three years) with which the non-binding shareholder vote to approve the compensation of our named executive officers should be conducted. In light of the vote in favor of the frequency of one year, the Board of Directors has determined that the Company will hold an advisory vote on the compensation of its named executive officers every one year, until the next required vote on the frequency of an advisory vote on executive compensation. It is a requirement of the Securities and Exchange Commission to hold such votes on frequency every six years. 1 Year 2 Years 3 years Abstain Broker Non-Votes 43,748,675 27,708 4,851,343 208,330 4,265,805”
Shareholder Votes
PHOTRONICS INC shareholders approved Approval of an amendment to the 2016 Equity Incentive Compensation Plan to increase authorized shares by an additional 1,000,000 shares. at the 2023-03-16 meeting.
“Proposal 3. The Company’s shareholders approved an amendment to the 2016 Equity Incentive Compensation Plan to increase the authorized shares of common stock available for issuance under the plan by an additional 1,000,000 shares. The amendment will increase the shares available for issuance under the plan from 4,000,000 to 5,000,000 shares and increase the shares under section 6(c)(i) from 2,000,000 shares to 5,000,000 shares. Votes For Votes Against Abstentions Broker Non-Votes 46,449,272 2,304,952 81,832 4,265,805”
Shareholder Votes
PHOTRONICS INC shareholders approved Ratification of the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for fiscal year 2023. at the 2023-03-16 meeting.
“Proposal 2. The Company's shareholders ratified the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for fiscal year 2023 as set forth below: Votes For Votes Against Abstentions 51,570,638 1,507,479 23,744”
Shareholder Votes
PHOTRONICS INC shareholders approved Election of eight directors to the Board of Directors. at the 2023-03-16 meeting.
“Proposal 1. The Company’s shareholders elected eight (8) individuals to the Board of Directors as follows: Name Votes For Votes Withheld Broker Non-Votes Walter M. Fiederowicz 42,331,773 6,504,283 4,265,805 Dr. Frank Lee 46,353,831 2,482,225 4,265,805 Adam Lewis 48,368,144 467,912 4,265,805 Daniel Liao 45,392,697 3,443,359 4,265,805 Constantine S. Macricostas 44,748,526 4,087,530 4,265,805 George Macricostas 43,468,609 5,367,447 4,265,805 Mary Paladino 46,252,806 2,583,250 4,265,805 Mitchell G. Tyson 26,347,991 22,488,065 4,265,805”
Earnings Releases
PHOTRONICS INC reported first quarter fiscal 2023 ended January 29, 2023 results: revenue $211.1 million, net income $14.0 million ($0.23 per diluted share), EPS $0.23 per diluted share.
“First Quarter 2023 Results • Revenue was $211.1 million up 0.4% sequentially and 11% year-over-year • GAAP net income attributable to Photronics, Inc. shareholders was $14.0 million ($0.23 per diluted share)”
Earnings Releases
PHOTRONICS INC reported first quarter of 2023 results: revenue between $203 million and $213 million, net income between $0.40 and $0.48 per diluted share. Guidance initiated.
“For the first quarter of 2023, Photronics expects revenue to be between $203 million and $213 million and net income attributable to Photronics, Inc. shareholders to be between $0.40 and $0.48 per diluted share.”
Earnings Releases
PHOTRONICS INC reported fourth quarter ended October 31, 2022 results: revenue $210.3 million, net income $37.1 million ($0.60 per diluted share).
“to $359 million, with $275 million generated from operating activities and $112 million invested in growth through capital expenditures Fourth Quarter 2022 Results • Revenue was $210.3 million, down 4% sequentially and up 16% compared with the same period of last year • Net income attributable to Photronics, Inc. shareholders was $37.1 million ($0.60 per diluted”
Earnings Releases
PHOTRONICS INC reported fiscal 2022 full year ended October 31, 2022 results: revenue $824.5 million, net income $118.8 million ($1.94 per diluted share).
“uncertainty. The global Photronics team performed well in 2022 and we believe we will continue to achieve our goals in 2023 and beyond.” Full Year 2022 Results • Revenue of $824.5 million was up 24% over the previous year and was the fifth consecutive year of record revenue • Net income attributable to Photronics, Inc. shareholders was $118.8 million ($1.94 per”
Adam Lewis was appointed as Director at PHOTRONICS INC.
“Adam Lewis is joining the Board of Directors.”
Constantine Macricostas departed as interim Chief Executive Officer at PHOTRONICS INC.
“Mr. Macricostas will continue to serve as Chairman.”
Dr. Frank Lee was named as Chief Executive Officer at PHOTRONICS INC.
“has been named Chief Executive Officer (“CEO”) and will join the Company’s Board of Directors.”
Constantine Macricostas was appointed as Chief Executive Officer at PHOTRONICS INC.
“Also in connection therewith, the Board appointed Constantine Macricostas, current Chairman of the Board, as Chief Executive Officer on an interim basis.”
Dr. Frank Lee was appointed as President at PHOTRONICS INC.
“In connection therewith, the Company promoted Dr. Frank Lee to President of the Company.”
Peter S. Kirlin resigned as Director at PHOTRONICS INC.
“On March 10, 2022, Peter S. Kirlin retired as Chief Executive Officer and resigned as a member of the Board of Directors (the “Board”) of Photronics, Inc. (the “Company”) effective March 11, 2022, to pursue other interests.”
Peter S. Kirlin retired as Chief Executive Officer at PHOTRONICS INC.
“On March 10, 2022, Peter S. Kirlin retired as Chief Executive Officer and resigned as a member of the Board of Directors (the “Board”) of Photronics, Inc. (the “Company”) effective March 11, 2022, to pursue other interests.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.