Highest-materiality recent filing
Photronics Q2 FY2026 revenue $209.9M (-0.5% YoY); GAAP EPS $0.54 vs $0.15; Q3 guidance $207-215M
GAAP net income $31.4M ($0.54 diluted EPS) vs $8.9M ($0.15) YoY; non-GAAP EPS $0.42 vs $0.40.
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).
Photronics enters employment agreement with Executive Chairman Macricostas through 2028
Base salary $500K/year; eligible for discretionary annual bonuses.
Revenue $212.1M, down 2% YoY and 5% sequentially.
Photronics appoints George C. Macricostas as Executive Chairman, effective Jan 6, 2025
George Macricostas, board member since 2002, named Executive Chairman; previously chaired Compensation Committee.
Photronics reports Q4 revenue $222.6M, GAAP EPS $0.54; guides Q1 $208-216M
Full-year fiscal 2024 revenue $866.9M, down 3% YoY; GAAP EPS $2.09 vs $2.03 prior year.
Photronics Q3 revenue falls 6% YoY to $211M; authorizes $100M share repurchase
GAAP EPS $0.55 vs $0.44 in prior year; non-GAAP EPS $0.51 flat YoY.
Photronics places EVP Richelle Burr on paid leave amid internal review of transactions
Richelle E. Burr (EVP, CAO, General Counsel) placed on paid administrative leave on June 11, 2024.
Photronics Q2 revenue $217M (-5% YoY); GAAP EPS $0.58; Q3 guidance $221-229M
Revenue $217.0M, down 5% YoY; IC $160.9M (-4% YoY), FPD $56.1M (-10% YoY).
Photronics Q1 revenue $216.3M (+2% YoY), GAAP EPS $0.42; Q2 guidance $226-236M rev
Revenue $216.3M, +2% YoY; GAAP net income $26.2M ($0.42 diluted) vs $14.0M ($0.23) YoY.
Photronics CFO John Jordan to retire Feb 23; Eric Rivera named interim CFO
CFO John Jordan retires effective Feb 23, 2024; receives $410,000 severance (12 months' base salary) in 26 installments.
Photronics Q4 FY2023 revenue $227.5M (+8% YoY); full-year record $892.1M, sixth consecutive record
Q4 GAAP EPS $0.72, non-GAAP EPS $0.60; full-year GAAP EPS $2.03, non-GAAP $2.04.
Photronics Q2 revenue $229.3M (record), GAAP EPS $0.65, non-GAAP $0.54; Q3 guidance $224-234M
Revenue $229.3M, up 9% sequentially and 12% YoY; IC revenue $167.1M (+15% YoY), FPD $62.3M (+6% YoY).
Photronics Q1 revenue $211.1M (+11% YoY); GAAP EPS $0.23, non-GAAP $0.40; Q2 guidance $205-215M
GAAP net income $14.0M ($0.23 diluted EPS) vs $37.1M ($0.60) in Q4 2022; non-GAAP net income $24.4M ($0.40) vs $31.2M ($0.51).
Photronics reports record FY2022 revenue of $824.5M; Q4 EPS $0.60; Q1 guidance $0.40-0.48
Full year revenue $824.5M (+24% YoY), net income $118.8M ($1.94 diluted EPS) vs $55.4M ($0.89) in 2021.
Photronics Q3 revenue $219.9M record, up 29% YoY; EPS $0.51 vs $0.28
Revenue $219.9M, up 29% YoY; sixth consecutive quarterly record.
Photronics reports Q2 revenue $204.5M, up 28% YoY; EPS $0.49 vs $0.17 YoY; raises guidance
Q2 revenue $204.5M, up 8% sequentially and 28% YoY; net income $29.8M ($0.49 diluted EPS).
CEO Peter Kirlin retires; Dr. Frank Lee named President; Chairman Macricostas interim CEO
Peter Kirlin retired as CEO and resigned from Board effective March 11, 2022.
Photronics Q1 revenue $189.8M (+25% YoY), EPS $0.38; Q2 guidance $188-196M
Net income attributable to shareholders $23.1M ($0.38 per diluted share) vs $8.0M ($0.13) YoY.
Photronics FY2021 revenue record $663.8M (+9%); Q4 EPS $0.33 vs $0.10 YoY
Record full-year revenue $663.8M, up 9% YoY; net income $55.4M ($0.89 diluted EPS).
Photronics reports record Q3 revenue $170.6M, EPS $0.28; guides Q4 rev up to $179M
Revenue $170.6M (record), up 7% sequentially and 8% YoY; IC $117.8M, FPD $52.9M.
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.
On January 6, 2025, Photronics, Inc. (the “Company”) appointed George C. Macricostas to the position of Executive Chairman.
On November 18, 2024, Photronics, Inc. (the “Company”) appointed Christopher Lutzo as Vice President, General Counsel, and Corporate Secretary, effective immediately.
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.
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.
On May 23, 2024, Photronics, Inc. (the “Company”) named Eric Rivera Chief Financial Officer.
On January 23, 2024, the Company issued a press release announcing the retirement of Mr. Jordan and the appointment of Mr. Rivera
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.
has been named Chief Executive Officer (“CEO”) and will join the Company’s Board of Directors.
Mr. Macricostas will continue to serve as Chairman.
Adam Lewis is joining the Board of Directors.
Max materiality 0.85 · Median 0.60 · Most common event earnings