Photronics, Inc. Provides Earnings Guidance for the Fourth Quarter 2021
August 25, 2021 at 06:00 am EDT
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Photronics, Inc. provided earnings guidance for the fourth quarter 2021. For the period, the company expects revenue to be between $171 million and $179 million, and net income attributable to Photronics, Inc. shareholders to be between $0.21 and $0.29 per diluted share.
Photronics, Inc. is a manufacturer of integrated circuit (IC) and flat panel display (FPD) photomasks. Photomasks are a key element in the manufacture of ICs and 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. The Company sells its photomasks to semiconductor designers and manufacturers, and manufacturers of FPDs. Photomask technology is also being applied to the fabrication of other electronic products such as photonics, microelectronic mechanical systems, and certain nanotechnology applications. The Company operates 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.
PHOTRONICS, INC. 
