George Macricostas
Mr. George Macricostas will simultaneously assume the role of Chief Executive Officer of Photronics, Inc., while remaining Chairman of the Board.
Highest-materiality recent filing
Photronics Q1 FY2026 revenue $225.1M (+6.1% YoY); non-GAAP EPS $0.61 vs $0.52 YoY
GAAP net income $42.9M ($0.74 diluted EPS); non-GAAP net income $35.7M ($0.61 diluted EPS).
Photronics CTO Dr. Christopher Progler steps down effective Dec 29; considering advisory role
Dr. Progler entitled to $445,805 severance (12 months base salary) plus 360 days medical/dental coverage.
Photronics reports FY2025 revenue $849.3M (-2% YoY); GAAP EPS $2.28 vs $2.05
Full year revenue $849.3M (-2% YoY); GAAP diluted EPS $2.28 vs $2.05; non-GAAP EPS $2.01 vs $2.05.
Photronics Q3 net income $22.9M, non-GAAP EPS $0.51; guides Q4 rev $201-209M
Revenue $210.4M, down 0.3% YoY; GAAP EPS $0.39 vs $0.55 YoY; non-GAAP EPS $0.51 flat YoY.
Photronics Q2 GAAP EPS $0.15 vs $0.58 YoY; CEO Frank Lee steps down, George Macricostas named CEO
GAAP net income $8.9M ($0.15/diluted) vs $36.3M ($0.58) in Q2 2024; non-GAAP $24.3M ($0.40) vs $28.7M ($0.46).
Mr. George Macricostas will simultaneously assume the role of Chief Executive Officer of Photronics, Inc., while remaining Chairman of the Board.
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.
Max materiality 0.85 · Median 0.60 · Most common event leadership