INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Photronics, Inc. - PLAB

Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving Photronics, Inc. and its officers or directors [1] Financial Performance - Photronics reported second quarter 2025 revenue of $210.99 million, a 2.8% year-over-year decline, missing consensus estimates by $1.01 million [3] - Non-GAAP earnings per share for the same quarter were $0.40, falling short of consensus estimates by $0.08 [3] - The company provided third quarter revenue guidance of $200 million to $208 million, compared to consensus estimates of $220 million [3] Stock Market Reaction - Following the financial results announcement, Photronics' stock price dropped by $3.12 per share, or 15.55%, closing at $16.94 per share on May 28, 2025 [4] Management Changes - Dr. Frank Lee resigned from his position as Chief Executive Officer of Photronics, effective immediately [3]