Photomask maker Photronics beats Q4 revenue and adjusted EPS expectations

Photronics

10/12/2025 12:12

Overview

Photomask maker's fiscal Q4 revenue beat analysts' expectations, despite 3% yr/yr decline

Adjusted EPS for fiscal Q4 beat analyst expectations

Company sees strong U.S. performance and expects Korea capability extension to diversify geographic revenue mix

Outlook

Photronics expects Q1 2026 revenue between $217 mln and $225 mln

Company anticipates Q1 2026 non-GAAP EPS of $0.51 to $0.59

Result Drivers

U.S. PERFORMANCE - Strong U.S. market performance supported Q4 results, aligning with investment plans

IC REVENUE - IC revenue down 4% year-over-year but up 7% sequentially, indicating some recovery

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$215.77 mln
$205.22 mln (3 Analysts)
Q4 Adjusted EPS
Beat
$0.60
$0.45 (3 Analysts)
Q4 Net Income
$78.62 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the semiconductor equipment & testing peer group is "buy"

Wall Street's median 12-month price target for Photronics Inc is $32.95, about 28.3% above its December 9 closing price of $25.69

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release: ID:nGNX7G4wXv

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)