We recently published 10 Stocks Boasting the Biggest Gains; 4 Hit Record Highs. Photronics, Inc. is one of the best performers on Wednesday.
Photronics surged to an over 25-year high on Wednesday, as investors took heart from an impressive earnings performance in the fourth quarter and full fiscal year of 2025.
At intra-day trading, the stock climbed to its highest price of $38.15 before trimming gains to finish the day just up by 45.39 percent at $37.35 apiece, a level it last touched in February 2000.
In an updated report, Photronics, Inc. said attributable net income in the fourth quarter of the year jumped by 82 percent to $61.8 million from only $33.87 million in the same period last year. This brought its attributable net income for the full fiscal year to $136.4 million, higher by 4 percent than the $130.7 million in 2024.
Revenues in the fourth quarter dropped by 3 percent to $215.77 million from $210.39 million, while revenues in the current fiscal period dipped by 2 percent to $849 million from $866.9 million.
For the first quarter of fiscal year 2026, Photronics, Inc. expects revenues to be in the range of $217 million to $225 million, as well as diluted earnings per share of $0.51 to $0.59.
