BRIEF: For the six months ended 3 May 2009, Photronics, Inc.'s revenues decreased 20% to $171.3M. Net loss totaled $20.3M, up from $5.4M. Revenues reflect a decrease in IC sales due to decreased mainstream unit demand in Asia & Europe. Net loss also reflects the presence of consolidation, restructuring & related charges, higher interest expenses and a decline in investment & other incomes.
OFFICERS: Constantine Macricostas, Chairman of the Board, Interim Chief Executive Officer,
Sean Smith, Chief Financial Officer, Senior Vice President,
Soo Hong Jeong, Chief Operating Officer, President - Asia Operations,
Peter Kirlin, Senior Vice President, U.S. & Europe,
Christopher Progler, Vice President, Chief Technology Officer. TRANSFER AGENT: Citytrust.. Company reincorp.CT. Direct inquiries to: CFO.
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Photronics, Inc.
15 Secor Road
Brookfield, CT 06804
Phone: 1-203-775-9000
Fax: 1
Sector Name: Technology
Industry Name: Semiconductors
Employees: 1,440
Market Cap (Mil) $ : 175.995
Complete Financials: May 2009
Updated: 07/01/2009
Earnings Announcements:
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