<p>Photronics（PLAB）已召开其第四季度财报电话会议。请继续阅读会议的主要亮点。</p>
<h3>享受 TipRanks Premium 50% 折扣，自信投资</h3>
<ul>
<li>解锁对冲基金级别的数据和强大的投资工具，帮助您做出更聪明、更精准的决策</li>
<li>通过最新的新闻和分析保持市场领先，使您的投资组合始终处于最大潜力的状态</li>
</ul>
<p>Photronics 最新财报电话会议：在挑战中传递积极情绪</p>
<p>Photronics 最近的财报电话会议传达了一种总体积极的情绪，强调了高端集成电路（IC）收入的强劲表现和战略扩展。尽管取得了这些成功，但在主流 IC 领域和中国市场仍然面临挑战，主要是由于地缘政治因素。</p>
<h2>创纪录的高端 IC 收入</h2>
<p>Photronics 报告称高端 IC 收入创下新高，目前占其 IC 收入的 42%。这一成就得益于对 AI 部署的超大规模数据中心的持续投资和强劲的全球订单模式。</p>
<h2>强劲的财务表现</h2>
<p>公司的财务表现强劲，销售额达到 2.16 亿美元，超出预期，并标志着环比增长 3%。非 GAAP 稀释每股收益也超过了指导，达到了每股 60 美分。</p>
<h2>运营和地理扩展</h2>
<p>Photronics 正在美国和韩国进行战略地理扩展，预计将增强收入贡献并多样化地理收入结构。</p>
<h2>高级技术的积极进展</h2>
<p>公司在技术和商业方面取得了多项进展，包括对 AI 驱动的芯片封装应用的需求增加，以及成功的客户资格认证，涉及先进的光掩模技术。</p>
<h2>改善的毛利和营业利润率</h2>
<p>Photronics 报告称毛利率提高至 35%，营业利润率为 24%，超出指导范围，得益于有利的产品组合和高端 IC 的强劲表现。</p>
<h2>对高端 IC 和 FPD 的积极展望</h2>
<p>高端 IC 的需求依然强劲，预测积极，FPD 掩模的需求预计在第一季度将保持强劲。</p>
<h2>主流 IC 收入下降</h2>
<p>主流 IC 收入同比下降 12%，归因于市场条件和地缘政治影响，特别是在中国。</p>
<h2>平板显示器收入环比下降</h2>
<p>FPD 收入环比下降至 5800 万美元，反映了订单时机和暂时的需求减弱。</p>
<h2>中国市场的挑战</h2>
<p>地缘政治问题和中国本地竞争加剧对主流 IC 市场造成了挑战，影响了收入和利润率。</p>
<h2>前瞻性指导</h2>
<p>展望 2026 财年，Photronics 计划进行战略地理扩展，包括在德克萨斯州艾伦的设施扩展产能和在韩国的洁净室扩展。公司预计 2026 财年第一季度的收入将在 2.17 亿至 2.25 亿美元之间，营业利润率为 23-25%，非 GAAP 稀释每股收益在 51 至 59 美分之间。</p>
<p>总之，Photronics 的财报电话会议反映了积极的情绪，尽管在主流 IC 领域和中国市场面临挑战，但高端 IC 的强劲表现和战略扩展仍然显著。公司的前瞻性指导表明在半导体行业的持续增长和战略定位。</p>

福尼克斯

<p>Photronics 第四季度的财报电话会议强调了高端集成电路（IC）收入的强劲表现和战略扩展，尽管主流 IC 领域和中国市场面临挑战。公司报告了创纪录的高端 IC 收入、稳健的财务表现和改善的利润率。预计在美国和韩国的战略扩展将增强收入。尽管主流 IC 和 FPD 收入有所下降，但高端 IC 的前景依然积极。对于 2026 财年第一季度的前瞻指引，预计收入将在 2.17 亿至 2.25 亿美元之间，运营利润率为 23% 至 25%，非 GAAP 每股收益为 51 至 59 美分</p>

<p>Photronics ((PLAB)) has held its Q4 earnings call. Read on for the main highlights of the call.</p>
<div class="lb-trans"><p>Photronics（PLAB）已召开其第四季度财报电话会议。请继续阅读会议的主要亮点。</p>
</div><h3>Claim 50% Off TipRanks Premium and Invest with Confidence</h3>
<div class="lb-trans"><h3>享受 TipRanks Premium 50% 折扣，自信投资</h3>
</div><ul>
<li>Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions</li>
<li>Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential</li>
</ul>
<div class="lb-trans"><ul>
<li>解锁对冲基金级别的数据和强大的投资工具，帮助您做出更聪明、更精准的决策</li>
<li>通过最新的新闻和分析保持市场领先，使您的投资组合始终处于最大潜力的状态</li>
</ul>
</div><p>Photronics’ Latest Earnings Call: Positive Sentiment Amid Challenges</p>
<div class="lb-trans"><p>Photronics 最新财报电话会议：在挑战中传递积极情绪</p>
</div><p>The recent earnings call from Photronics conveyed a generally positive sentiment, highlighting strong performance in high-end IC revenue and strategic expansions. Despite these successes, challenges persist in the mainstream IC segment and the China market, primarily due to geopolitical factors.</p>
<div class="lb-trans"><p>Photronics 最近的财报电话会议传达了一种总体积极的情绪，强调了高端集成电路（IC）收入的强劲表现和战略扩展。尽管取得了这些成功，但在主流 IC 领域和中国市场仍然面临挑战，主要是由于地缘政治因素。</p>
</div><h2>Record High-End IC Revenue</h2>
<div class="lb-trans"><h2>创纪录的高端 IC 收入</h2>
</div><p>Photronics reported a record high in high-end IC revenue, which now constitutes 42% of their IC revenue. This achievement was driven by sustained investments in hyperscale data centers for AI rollouts and robust global order patterns.</p>
<div class="lb-trans"><p>Photronics 报告称高端 IC 收入创下新高，目前占其 IC 收入的 42%。这一成就得益于对 AI 部署的超大规模数据中心的持续投资和强劲的全球订单模式。</p>
</div><h2>Strong Financial Performance</h2>
<div class="lb-trans"><h2>强劲的财务表现</h2>
</div><p>The company’s financial performance was robust, with sales reaching $216 million, surpassing expectations and marking a 3% sequential increase. Non-GAAP diluted EPS also exceeded guidance at 60¢ per share.</p>
<div class="lb-trans"><p>公司的财务表现强劲，销售额达到 2.16 亿美元，超出预期，并标志着环比增长 3%。非 GAAP 稀释每股收益也超过了指导，达到了每股 60 美分。</p>
</div><h2>Operational and Geographic Expansion</h2>
<div class="lb-trans"><h2>运营和地理扩展</h2>
</div><p>Photronics is undertaking strategic geographic expansions in the US and Korea, which are expected to enhance revenue contributions and diversify the geographic revenue mix.</p>
<div class="lb-trans"><p>Photronics 正在美国和韩国进行战略地理扩展，预计将增强收入贡献并多样化地理收入结构。</p>
</div><h2>Positive Developments in Advanced Technology</h2>
<div class="lb-trans"><h2>高级技术的积极进展</h2>
</div><p>The company achieved several technical and commercial advancements, including increased demand for AI-driven chip packaging applications and successful customer qualifications for advanced photomask technologies.</p>
<div class="lb-trans"><p>公司在技术和商业方面取得了多项进展，包括对 AI 驱动的芯片封装应用的需求增加，以及成功的客户资格认证，涉及先进的光掩模技术。</p>
</div><h2>Improved Gross and Operating Margins</h2>
<div class="lb-trans"><h2>改善的毛利和营业利润率</h2>
</div><p>Photronics reported an improved gross margin of 35% and an operating margin of 24%, exceeding the guidance range due to a favorable product mix and strong performance in high-end ICs.</p>
<div class="lb-trans"><p>Photronics 报告称毛利率提高至 35%，营业利润率为 24%，超出指导范围，得益于有利的产品组合和高端 IC 的强劲表现。</p>
</div><h2>Positive Outlook for High-End IC and FPD</h2>
<div class="lb-trans"><h2>对高端 IC 和 FPD 的积极展望</h2>
</div><p>The demand for high-end ICs remains robust with positive forecasts, and the FPD mask demand is expected to remain strong in the first quarter.</p>
<div class="lb-trans"><p>高端 IC 的需求依然强劲，预测积极，FPD 掩模的需求预计在第一季度将保持强劲。</p>
</div><h2>Decline in Mainstream IC Revenue</h2>
<div class="lb-trans"><h2>主流 IC 收入下降</h2>
</div><p>Mainstream IC revenue saw a 12% decline year over year, attributed to market conditions and geopolitical impacts, particularly in China.</p>
<div class="lb-trans"><p>主流 IC 收入同比下降 12%，归因于市场条件和地缘政治影响，特别是在中国。</p>
</div><h2>Sequential Decline in Flat Panel Display Revenue</h2>
<div class="lb-trans"><h2>平板显示器收入环比下降</h2>
</div><p>FPD revenue experienced a sequential decline to $58 million, reflecting order timing and temporary demand softening.</p>
<div class="lb-trans"><p>FPD 收入环比下降至 5800 万美元，反映了订单时机和暂时的需求减弱。</p>
</div><h2>Challenges in China Market</h2>
<div class="lb-trans"><h2>中国市场的挑战</h2>
</div><p>Geopolitical issues and increased local competition in China have posed challenges in the mainstream IC market, affecting both revenue and margins.</p>
<div class="lb-trans"><p>地缘政治问题和中国本地竞争加剧对主流 IC 市场造成了挑战，影响了收入和利润率。</p>
</div><h2>Forward-Looking Guidance</h2>
<div class="lb-trans"><h2>前瞻性指导</h2>
</div><p>Looking ahead to fiscal 2026, Photronics plans strategic geographic expansions, including capacity extensions at its Allen, Texas facility and a cleanroom expansion in Korea. The company anticipates fiscal Q1 2026 revenue to be between $217 million and $225 million, with an operating margin of 23-25% and non-GAAP diluted EPS between 51 and 59¢ per share.</p>
<div class="lb-trans"><p>展望 2026 财年，Photronics 计划进行战略地理扩展，包括在德克萨斯州艾伦的设施扩展产能和在韩国的洁净室扩展。公司预计 2026 财年第一季度的收入将在 2.17 亿至 2.25 亿美元之间，营业利润率为 23-25%，非 GAAP 稀释每股收益在 51 至 59 美分之间。</p>
</div><p>In conclusion, Photronics’ earnings call reflected a positive sentiment with strong high-end IC performance and strategic expansions, despite facing challenges in the mainstream IC segment and the China market. The company’s forward-looking guidance suggests continued growth and strategic positioning in the semiconductor industry.</p>
<div class="lb-trans"><p>总之，Photronics 的财报电话会议反映了积极的情绪，尽管在主流 IC 领域和中国市场面临挑战，但高端 IC 的强劲表现和战略扩展仍然显著。公司的前瞻性指导表明在半导体行业的持续增长和战略定位。</p>
</div>

福尼克斯的财报电话会议：在挑战中展现积极前景