PLAB - Dividend announcements

BROOKFIELD, Conn., Dec. 13, 2022 (GLOBE NEWSWIRE) -- Photronics, Inc. (NASDAQ:PLAB), a worldwide leader in photomask technologies and solutions, today reported financial results for its fiscal 2022 full year and fourth quarter ended October 31, 2022. "We posted a solid finish to a great year, achieving record revenue for the fifth consecutive year as demand for our design-driven products remained strong and our entire team performed well," said Frank Lee, chief executive officer. "In the quarter, IC was soft, primarily due to lower high-end logic demand from foundries in Asia. High-end FPD also declined as panel makers of premium smart phones are focused on producing new products and have

2020 revenue was a record $609.7 million, an increase of 11% compared with 2019 and the third consecutive year of record annual revenueFourth quarter 2020 revenue was $149.3 million, down 5% sequentially and 4% year-over-yearNet income attributable to Photronics, Inc. shareholders was $33.8 million, or $0.52 per diluted share, for the full year of 2020; and $6.5 million, or $0.10 per diluted share, for the fourth quarter of 2020During the fourth quarter, cash provided by operating activities was $64.8 million, capex was $34.1 million, share repurchases were $17.5 million, and ending cash balance was $278.7 millionFirst quarter 2021 guidance: revenue between $145 and $155 million with diluted