DALLAS, Aug. 18, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces a stock report featuring Photronics Inc. (Nasdaq:PLAB). The report briefly notes the company's most recent developments and news, and outlines its financial position, market performance, and comparison against industry peers.
The full report is available at: www.microstockprofit.com/lp/PLAB
Photronics Inc. (PLAB) is a manufacturer of photomasks, which are precision photographic quartz plates containing microscopic images of electronic circuits. Photomasks are key elements in the manufacture of semiconductors and flat panel displays (FPDs), and are used as masters to transfer circuit patterns onto semiconductor wafers and flat panel substrates during the fabrication of integrated circuits (ICs) and a range of FPDs and other types of electrical and optical components. As of October 31, 2010, the Company operated principally from nine manufacturing facilities, two of which are located in Europe, two in Taiwan, one each in Korea and Singapore, and three in the United States.
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In the report, the analyst notes:
"PLAB shares spiked more than 35% in Wednesday's trading, a day after the Brookfield, Connecticut-based electronics imaging company published its third-quarter financials, posting a 21% year-over-year jump in sales and a higher net income."
"PLAB's sales of semiconductor photomasks were $104.9 million, or 77% of revenues, for the third quarter, while sales of flat panel display (FPD) photomasks were $31 million, or 23% of revenues."
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