PLAB news

Photronics reported third-quarter revenue of $216.0 million and raised its 2026 fiscal-year guidance. The company expects non-GAAP diluted EPS for the fourth quarter to be between $0.40 and $0.56 per share.

Sphere 3D, Inc. (PLAB) plans to adopt a shareholder rights plan agreement to protect shareholders during potential takeover bids. The filing details the agreement with TSX Trust Company, effective August 10, 2026.

Photronics reported second quarter 2026 revenue of $209.9 million with GAAP net income of $31.4 million ($0.54 per diluted share), impacted by delayed design releases and elevated fab utilization rates. The company maintains a strong long-term outlook with investments in the U.S. and Korea, though n…