Key Developments: Photronics Inc (PLAB.O)

PLAB.O on Nasdaq

8.66USD
27 Mar 2015
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Latest Key Developments (Source: Significant Developments)

Photronics promotes Peter Kirlin to Chief Executive Officer
Wednesday, 25 Mar 2015 05:51pm EDT 

Photronics:Says as part of a long-term succession planning process, Peter Kirlin has been promoted from President to Chief Executive Officer, effective May 4 and will join the Company's Board of Directors.Constantine (Deno) Macricostas, Photronics' current Chairman and CEO, will continue on the Board of Directors as Executive Chairman.  Full Article

Photronics enters into strategic supply and technology license agreements with Micron
Tuesday, 24 Mar 2015 05:07pm EDT 

Photronics:Enters into strategic supply and technology license agreements with Micron Technology, Inc whereby Photronics will receive outsourced photomask supply volume from Micron.Micron and Photronics will not renew their existing MP Mask joint venture after May 5, 2016, which is the ten year anniversary of its formation.New agreement places the company in the majority merchant supplier position for Micron.Upon conclusion of the MP Mask joint venture, Micron may elect to purchase the MP Mask assets or Photronics' equity interest in MP Mask.In which case Photronics will receive a payment based upon net book value as of May 5, 2016, which was about $93 mln as of Dec. 04, 2014.  Full Article

Photronics Inc gives Q2 2015 guidance; revenue guidance below analysts' estimates - Conference call
Wednesday, 18 Feb 2015 08:30am EST 

Photronics Inc:Projects revenue for Q2 2015 to be in the range of $121 million to $128 million.Estimates earnings per share for Q2 2015 to be in the range of $0.04 to $0.09 per diluted share.Q2 2015 revenue of $129 million and EPS of $0.09 - Thomson Reuters I/B/E/S.  Full Article

Photronics Inc gives Q1 2015 guidance; EPS guidance below analysts' estimates - Conference call
Tuesday, 9 Dec 2014 08:30am EST 

Photronics Inc:Projects revenue for Q1 2015 to been a range of $120 million to $126 million.Estimates EPS for Q1 2015 to be in the range of $0.02 to $0.07 per diluted share.Q1 2015 revenue of $123 million and EPS of $0.08 - Thomson Reuters I/B/E/S.  Full Article

Photronics Inc gives Q4 2014 guidance in line with analysts' estimates - Conference call
Wednesday, 20 Aug 2014 08:30am EDT 

Photronics Inc:Projects revenue for Q4 2014 to be in the range of $125 million to $130 million.Estimates that earnings per share for Q4 2014 to be in the range of $0.07 to $0.11 per diluted share.Q4 2014 revenue of $126 million and EPS of $0.07 - Thomson Reuters I/B/E/S.  Full Article

Photronics Inc gives Q3 2014 mixed guidance - Conference call
Tuesday, 20 May 2014 08:30am EDT 

Photronics Inc:Says it projecting revenue for Q3 2014 to be in the range of $120 million-$125 million.Estimates earnings-per-share for Q3 2014 to be in the range of $0.02 to $0.07 per diluted share.Q3 2014 revenue of $116 million and EPS of $0.14 - Thomson Reuters I/B/E/S.  Full Article

Dai Nippon Printing completes merger between subsidiary and Photronics Inc's subsidiary
Friday, 4 Apr 2014 02:00am EDT 

Dai Nippon Printing Co Ltd:Says completion of merger between Dai Nippon Printing's subsidiary DNP Photomask Technology Taiwan Co., Ltd. and Photronics Inc's subsidiary, Photronics Semiconductor Mask Corp., on April 4.Photronics Semiconductor Mask is serving as surviving company and changed name to Photronics DNP Mask Corporation, with Photronics holding 50.01 pct stake and Dai Nippon Printing holding 49.99 pct stake.  Full Article

Photronics announces closing of joint venture in Taiwan with Dai Nippon Printing
Thursday, 3 Apr 2014 04:14pm EDT 

Photronics Inc:Closes of joint venture with Dai Nippon Printing Co., Ltd.Joint venture, Photronics DNP Mask Corporation (PDMC), will focus on serving semiconductor manufacturers in Taiwan.  Full Article

Photronics Inc gives Q2 2014 guidance below analysts' estimates - Conference call
Wednesday, 19 Feb 2014 08:30am EST 

Photronics Inc:Projects revenue for Q2 2014 to be in the range of $100 million to $105 million.Estimates EPS exclusive of any JV transaction costs in Q2 2014 to be in the range of $0.01 to $0.05 per diluted share.Q2 2014 revenue of $107 million and EPS of $0.08 - Thomson Reuters I/B/E/S.  Full Article

Photronics Inc lowers Q1 2014 guidance
Monday, 10 Feb 2014 04:30pm EST 

Photronics Inc:Expects Q1 2014 revenues to be about $101.5 million compared with previous guidance of $103 million to $107 million.Says as a result of the lower-than-expected revenue, it expects that earnings per diluted share, exclusive of any Taiwan JV transaction costs, for Q1 2014 will be in the range of $0.03 to $0.04 compared with previous guidance in the range of $0.06 to $0.10.Says it expect that Q1 2014 revenue and EPS to be lower than previously anticipated.Says as a result of a number of factors, including a slower than projected post-holiday recovery in mainstream business in the U.S. and Europe, a delayed ramp in high-end memory, and the absence of a pre-Lunar New Year pull-in in Taiwan.Q1 2014 revenue of $105.5 million and EPS of $0.09 - Thomson Reuters I/B/E/S.  Full Article

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