Trade Photronics Inc - PLAB CFD

Photronics Company profile

About Photronics, Inc.

Photronics, Inc. is a manufacturer of photomasks, which is a precision photographic quartz or glass plates containing microscopic images of electronic circuits. The Company is an element in the manufacture of integrated circuits (ICs) and flat panel displays (FPDs) and are used as masters to transfer circuit patterns onto semiconductor wafers and FPD substrates during the fabrication of ICs, a variety of FPDs and, to a lesser extent, other types of electrical and optical components. It has approximately 11 manufacturing facilities, out of which three are located in Taiwan, one in Korea, three in the United States, two in Europe, and two in China. The Company’s FPD facility is located in Hefei, China, and IC facility in Xiamen, China.

Financial summary

BRIEF: For the 13 weeks ended 30 January 2022, Photronics, Inc. revenues increased 25% to $189.8M. Net income increased from $8M to $23.1M. Revenues reflect IC-Mainstream segment increase of 22% to $83.2M, FPD-High-end segment increase of 34% to $46.3M, China (Country) segment increase from $21M to $46M, Taiwan segment increase of 20% to $67.8M.

Equity composition

Common Stock $.01 Par, 03/11, 150M auth., 54,260,114 issd. Insiders control 2.54%. IPO: 4/95, 1.4Mshs @ $21 by Robertson, Stephens, & Co. 11/97, 2-for-1 stock split; 3/95, 3-for-2 split.