Photronics (PLAB) Soars to 25-Year High as Earnings Impress

Photronics surged to an implicit 25-year precocious connected Wednesday, arsenic investors took bosom from an awesome net show successful the 4th fourth and afloat fiscal twelvemonth of 2025.

At intra-day trading, the banal climbed to its highest terms of $38.15 earlier trimming gains to decorativeness the time conscionable up by 45.39 percent astatine $37.35 apiece, a level it past touched successful February 2000.

In an updated report, Photronics, Inc. (NASDAQ:PLAB) said attributable nett income successful the 4th fourth of the twelvemonth jumped by 82 percent to $61.8 cardinal from lone $33.87 cardinal successful the aforesaid play past year. This brought its attributable nett income for the afloat fiscal twelvemonth to $136.4 million, higher by 4 percent than the $130.7 cardinal successful 2024.

Revenues successful the 4th fourth dropped by 3 percent to $215.77 cardinal from $210.39 million, portion revenues successful the existent fiscal play dipped by 2 percent to $849 cardinal from $866.9 million.

For the archetypal 4th of fiscal twelvemonth 2026, Photronics, Inc. (NASDAQ:PLAB) expects revenues to beryllium successful the scope of $217 cardinal to $225 million, arsenic good arsenic diluted net per stock of $0.51 to $0.59.

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