BROOKFIELD, Conn., Feb. 25, 2026 (GLOBE NEWSWIRE) -- Photronics, Inc. (NASDAQ:PLAB), a worldwide leader in photomask technologies and solutions, today reported financial results for its first quarter of fiscal year 2026 ended February 1, 2026. Commenting on the first quarter performance, Chairman and CEO George Macricostas said, “Photronics delivered strong results in our fiscal first quarter achieving record high-end IC revenue for the second consecutive quarter. We remain on track with our facility expans ...

Core Viewpoint - Photronics, Inc. has announced a rescheduling of its earnings conference call for Q1 fiscal 2026 due to inclement weather affecting logistics, while the financial results will still be released as planned [1][2]. Group 1: Earnings Conference Call - The earnings conference call is rescheduled to Friday, February 27, 2026, at 8:30 a.m. Eastern time [1][2]. - The financial results for Q1 fiscal 2026 will be released on February 25, 2026, before the market opens [1]. - During the call, management will address questions regarding financial performance, business conditions, and industry outlook, with some responses potentially containing previously undisclosed information [2]. Group 2: Company Overview - Photronics is a leading manufacturer of photomasks for integrated circuits (IC) and flat panel displays (FPD), which are essential for transferring circuit patterns onto semiconductor wafers and FPD substrates [3]. - The company was founded in 1969 and operates 11 manufacturing facilities strategically located in Asia, Europe, and North America [3].

Core Viewpoint - Photronics, Inc. is set to announce its financial results for the first quarter of fiscal 2026 on February 25, 2026, before market opening [1] Group 1: Financial Results Announcement - The financial results will be disclosed on February 25, 2026, prior to market opening [1] - A public conference call will be held on the same day at 8:30 a.m. Eastern time to discuss the financial performance and industry outlook [2] - The call will be accessible live and on-demand via the Photronics website [2] Group 2: Company Overview - Photronics is a leading manufacturer of photomasks for integrated circuits (IC) and flat panel displays (FPD) [3] - The company has been in operation since 1969 and has over 56 years of experience in the photomask industry [3] - Photronics operates 11 manufacturing facilities strategically located across Asia, Europe, and North America [3]

Core Insights - Photronics, Inc. announced new executive appointments to enhance organizational clarity and accountability under the leadership of CEO George Macricostas [5] Group 1: Executive Appointments - Eric Rivera was appointed President of Photronics, while continuing as Chief Financial Officer, a role he has held since May 2024 [2] - Rui (Elie) Zhang was appointed Chief Accounting Officer and will also continue as Corporate Controller, a position she has held since 2024 [3] - Todd Alesio was appointed Senior Vice President and Chief Administrative Officer, maintaining his role as Head of Global Human Resources [4] Group 2: Company Overview - Photronics is a leading manufacturer of photomasks for integrated circuits (IC) and flat panel displays (FPD), with over 56 years of experience in the industry [5] - The company operates 11 manufacturing facilities strategically located in Asia, Europe, and North America [5]

Core Viewpoint - Photronics, Inc. will participate in the 28th Annual Needham Growth Conference on January 14th, 2026, where it will host one-on-one meetings and present at 3:45 p.m. Eastern Time [1] Group 1: Company Overview - Photronics is a leading manufacturer of integrated circuit (IC) and flat panel display (FPD) photomasks, which are essential in the manufacturing process of ICs and FPDs [2] - The company has been a trusted supplier of photomasks for over 56 years since its founding in 1969 [2] - Photronics operates 11 strategically located manufacturing facilities across Asia, Europe, and North America [2]

Core Viewpoint - Photronics, Inc. announces a leadership transition with Dr. Christopher Progler stepping down as Executive Vice President and Chief Technology Officer after over 20 years of service, while considering an advisory role to ensure continuity in strategic priorities [1][2][3]. Company Overview - Photronics is a leading global manufacturer of photomasks for integrated circuits (IC) and flat panel displays (FPD), with over 56 years of experience in the industry [5]. - The company operates 11 manufacturing facilities strategically located across Asia, Europe, and North America [5]. Leadership Transition - Dr. Progler has significantly contributed to advancing Photronics' technology strategy and innovation roadmap, enhancing the company's competitive position in global markets [2]. - George Macricostas, Chairman and CEO, expressed gratitude for Dr. Progler's contributions and emphasized the importance of his leadership in technology and strategic thinking for the company's success [4]. Future Focus - Photronics aims to maintain its focus on disciplined operational execution and long-term value creation for stockholders, leveraging its strong portfolio and ongoing technology investments [4].

Core Viewpoint - Photronics, Inc. is set to announce its financial results for the fourth quarter of fiscal 2025 on December 10, 2025, before market opening [1] Group 1: Financial Results Announcement - The financial results announcement will take place on December 10, 2025, before the market opens [1] - A public conference call will be hosted on the same day at 8:30 a.m. Eastern time to discuss the financial performance and business conditions [2] - The call will be available live and on-demand on the Photronics website, with a suggestion for participants to register fifteen minutes prior to the call [2] Group 2: Company Overview - Photronics is a leading manufacturer of integrated circuit (IC) and flat panel display (FPD) photomasks, essential for the manufacturing process of ICs and FPDs [3] - The company has been a trusted supplier for over 56 years, having been founded in 1969 [3] - Photronics operates 11 strategically located manufacturing facilities across Asia, Europe, and North America [3]

Core Viewpoint - Photronics, Inc. (NASDAQ:PLAB) is recognized as a promising investment opportunity within the semiconductor sector, with analysts maintaining a positive outlook following its recent earnings report [1][3]. Group 1: Analyst Ratings and Price Targets - DA Davidson reaffirmed its Buy rating for Photronics, Inc. with a price target of $30, indicating confidence in the company's profitability and expansion plans [2][3]. - Craig-Hallum also reiterated a Buy rating with a higher price target of $36, reflecting optimism about the company's future performance [3]. - The consensus among analysts is a Buy rating, with a 1-year median price target of $32.95, suggesting a potential upside of 32.12% from current levels [4]. Group 2: Company Performance and Expansion Plans - Photronics, Inc. reported results for its third quarter of fiscal year 2025, demonstrating continued profitability and a strong position for future growth [2]. - The company is planning significant capital spending for expansion over the next two to three years, which is expected to support its growth trajectory [2].

Group 1 - Photronics, Inc. announced its participation in the 17th Annual CEO Investor Summit 2025, scheduled for October 7 in Phoenix, Arizona [1] - The CEO Investor Summit is held annually during the SEMICON West industry trade show, with the 2025 event taking place in downtown Phoenix for the first time [2] - The event will feature a "round robin" format allowing investors and analysts to meet with management teams from 12 participating companies [2][3] Group 2 - The 12 management teams participating in the summit include ACM Research, Aehr Test Systems, Alpha & Omega Semiconductor, Bitdeer Technologies, Cohu, Inc., FormFactor, Ichor Systems, Kulicke & Soffa, Lasertec ADR, Photronics, QuickLogic, and SkyWater Technology [3] - Attendance is by invitation only and limited to accredited investors and publishing research analysts, with a registration deadline of September 26, 2025 [4] Group 3 - Photronics is a leading manufacturer of integrated circuit (IC) and flat panel display (FPD) photomasks, essential for the manufacturing process of ICs and FPDs [5] - The company has been a trusted photomask supplier for over 56 years and operates 11 manufacturing facilities across Asia, Europe, and North America [5]

Company Overview - Photronics, Inc. is a leading worldwide manufacturer of integrated circuit (IC) and flat panel display (FPD) photomasks, which are essential in the manufacturing process of ICs and FPDs [2] - The company has been a trusted photomask supplier for over 56 years, having been founded in 1969 [2] - Photronics operates 11 strategically located manufacturing facilities across Asia, Europe, and North America [2] Upcoming Investor Conferences - Photronics will participate in the Oppenheimer's 28th Annual Technology, Internet, & Communications Conference on August 13, 2025, which will be held virtually [1] - The company is also scheduled to attend TD Cowen's 53rd Technology Growth Cap Summit in New York, NY, on September 4, 2025 [1] - Additionally, Photronics will take part in the Singular Research Investor Conference in New York, NY, on September 10, 2025 [1]