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BROOKFIELD, Conn., May 07, 2025 (GLOBE NEWSWIRE) -- Photronics, Inc. (Nasdaq:PLAB), a worldwide leader in photomask technologies and solutions, announced today its participation in the following upcoming financial conferences:
It has been a rough start to the year for the tech sector, as companies have been hit hard by tariffs, trade tensions with China that have axed the flow of essential rare earth metals to the United States, and more. The benchmark Technology Select Sector SPDR Fund NYSEARCA: XLK, a broad proxy for the entire sector, has plunged by about 10% year-to-date (YTD) while the S&P 500 has fallen by only 5% overall during the same period.
Down -25% YTD, PLAB is currently testing the $18 resistance level amidst global tariff and geopolitical uncertainties. The direct impact of tariffs should be very limited for Photronics, and tariffs could even create a competitive edge for the company in the US market. However, tariffs may slow down consumer electronics demand and industry investments in next-gen designs, likely reducing photomask demand near-term.
Photronics, Inc. (PLAB) Q1 2025 Earnings Call Transcript
PLAB's first-quarter fiscal 2025 performance is likely to have reflected strength in the Integrated Circuit and Flat Panel Display segments.
BROOKFIELD, Conn., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Photronics, Inc. (Nasdaq: PLAB), a worldwide leader in photomask technologies and solutions, is scheduled to announce financial results for the first quarter of fiscal 2025 on Wednesday, February 26, 2025, before the market opens.
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