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Photronics FY26 Q2 profit more than doubled to $31.4 million; revenue slips 0.5% to $209.9 million

PUBT·05/28/2026 11:04:43
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Photronics FY26 Q2 profit more than doubled to $31.4 million; revenue slips 0.5% to $209.9 million
  • Photronics fiscal Q2 revenue dipped 0.5% from a year earlier to USD 209.9 million, down 6.7% sequentially.
  • Net income attributable to shareholders more than doubled from a year earlier to USD 31.4 million, or USD 0.54 a share, versus USD 0.74 in Q1.
  • IC revenue fell 5% year-over-year to USD 147.5 million, while FPD revenue rose 13% to USD 62.4 million.
  • CEO George Macricostas cited delayed design releases, memory supply constraints, cost pressures for OEMs, and geopolitical uncertainty; maintained long-term demand view.
  • For fiscal Q3, Photronics forecast revenue of USD 207 million-USD 215 million, operating margin of 18%-20%, non-GAAP EPS of USD 0.39-USD 0.45.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Photronics Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605280700PRIMZONEFULLFEED9727801) on May 28, 2026, and is solely responsible for the information contained therein.