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flag Photronics reports Q2 earnings with declining revenues but forecasts Q3 stability under new CEO.

flag Photronics Inc. reported Q2 2025 earnings with total revenue of $211 million, a 3% year-over-year decline. flag IC segment revenue fell 3%, while FPD revenue dropped 2%. flag Gross margins remained at 37%, and operating margins rose to 26%. flag The company forecasts Q3 revenue of $200-$208 million, with non-GAAP EPS of $0.35-$0.41. flag CEO Frank Lee has retired, replaced by George Makrokostas. flag Despite near-term economic challenges, Photronics remains committed to long-term growth.

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