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Photronics reports Q4 EPS 54c vs. 72c last year
The Fly

Photronics reports Q4 EPS 54c vs. 72c last year

Reports Q4 revenue $222.63M vs. $227.47M last year. “We achieved sequential revenue growth in the Q4 with increased sales in both Integrated Circuits and Flat Panel Displays,” said Frank Lee, CEO. “IC growth was driven by strong high-end sales, particularly in the US, while FPD was led by mainstream demand. Photomask demand trends were favorable as we ended the year and we are cautiously optimistic that these trends will continue into 2025, driven by megatrends such as AI, supply chain regionalization, and edge computing. We believe our competitive advantages and market leadership will allow us to grow along with the photomask market growth trajectory. Combined with financial discipline to expand margins and improve cash flow, we are well positioned to continue growing profitably and creating shareholder value.”

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