Photronics Posts 14% FPD Jump in Q3

(NASDAQ:PLAB), a leading independent manufacturer of photomasks for semiconductor and flat panel display (FPD) industries, released its fiscal third quarter results on August 27, 2025. GAAP revenue was $210.4 million in Q3 FY2025, which exceeded management's prior guidance of $200–208 million and the consensus analyst expectation of $204.6 million. Non-GAAP diluted earnings per share were $0.51, ahead of the projected $0.35–$0.41. However, compared to the same quarter last year, non-GAAP earnings per share remained flat and GAAP operating margin declined to 22.9%. The period was marked by a strong FPD recovery, offset by continued decline in IC revenues. Overall, the period saw mixed results: outperforming cautious forecasts, but signaling ongoing challenges in the semiconductor segment.

Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q2 2025 earnings report.

Photronics manufactures photomasks, which are precision-stenciled plates used to shape light in the production of semiconductor chips and FPDs. These photomasks are essential for defining circuit patterns onto silicon wafers or display substrates. As an independent supplier, the company serves large chip manufacturers and display panel makers globally, including major clients like United Microelectronics Corp. and Samsung Electronics.

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Source Fool.com