Last $8.45 USD
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Volume 194.3K
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As of 8:10 PM 02/26/15 All times are local (Market data is delayed by at least 15 minutes).

photronics inc (PLAB) Snapshot

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photronics inc (PLAB) Details

Photronics, Inc., together with its subsidiaries, manufactures and sells photomasks in the United States. Photomasks are high precision photographic quartz plates containing microscopic images of electronic circuits. It offers photomasks for the use in the manufacture of semiconductors and flat panel displays (FPDs), as well as for use as masters to transfer circuit patterns onto semiconductor wafers and flat panel substrates during the fabrication of integrated circuits, FPDs, and other types of electrical and optical components. The company sells and markets its products to semiconductor designers, manufacturers, and foundries, as well as to other high performance electronics manufacturers primarily through its sales personnel and customer service representatives. It also operates in Korea, Taiwan, Europe, and internationally. Photronics, Inc. was founded in 1969 and is headquartered in Brookfield, Connecticut.

1,500 Employees
Last Reported Date: 01/6/15
Founded in 1969

photronics inc (PLAB) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $660.0K
Total Annual Compensation: $364.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $412.5K
President of Asia Operations and Chief Operat...
Total Annual Compensation: $475.0K
Chief Technology Officer and Vice President
Total Annual Compensation: $330.0K
Compensation as of Fiscal Year 2013.

photronics inc (PLAB) Key Developments

Photronics Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended February 1, 2015; Provides Earnings Guidance for the Second Quarter and Full Year 2015

Photronics Inc. reported unaudited consolidated earnings results for the first quarter ended February 1, 2015. For the quarter, the company reported net sales of $123,505,000 compared to $101,542,000 a year ago. Operating income was $11,559,000 compared to $5,630,000 a year ago. Income before income taxes was $10,276,000 compared to $4,757,000 a year ago. Net income attributable to the company’s shareholders was $3,837,000 or $0.06 basic and diluted per share compared to $1,993,000 or $0.03 basic and diluted per share a year ago. Net cash provided by operating activities was $22,300,000 compared to $14,197,000 a year ago. Purchases of property, plant and equipment were $40,371,000 compared to $12,184,000 a year ago. Non-GAAP net income attributable to the company’s shareholders was $4,738,000 or $0.07 diluted per share compared to $2,430,000 or $0.04 diluted per share a year ago. Non-GAAP EBITDA was $34 million. EBITDA, as defined in credit agreement for the quarter, was $34 million or $136 million on an annualized basis. For the year 2015, the company expects cash CapEx needs to be in the range of $100 million to $110 million for 2015. The company expects to continue to generate free cash flow in 2015, and investments are principally geared towards high-end products for IC and FPD applications. The company expects EBITDA to grow in 2015. For the second quarter of 2015, the company is projecting revenue to be in the range of $121 million to $128 million. The company estimate earnings per share to be in the range of $0.04 to $0.09 per diluted share.

Photronics Inc. to Report Q1, 2015 Results on Feb 17, 2015

Photronics Inc. announced that they will report Q1, 2015 results at 4:30 PM, US Eastern Standard Time on Feb 17, 2015

Photronics Inc., Q1 2015 Earnings Call, Feb 18, 2015

Photronics Inc., Q1 2015 Earnings Call, Feb 18, 2015


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