Photronics, Inc. (PLAB) Reports Q3, Increases Share Buyback to $100M

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Photronics Reports Third Quarter Fiscal 2024 ResultsĀ and Share Repurchase Authorization

August 29, 2024 6:30 AM EDT

BROOKFIELD, Conn., Aug. 29, 2024 (GLOBE NEWSWIRE) -- Photronics, Inc. (NASDAQ: PLAB), a worldwide leader in photomask technologies and solutions, today reported financial results for its third quarter of fiscal year 2024 ended July 28, 2024.

Market softness in some segments during the quarter impacted photomask demand, reducing both IC and FPD revenue, said Frank Lee, chief executive officer. The... More