On Wednesday, Photronics (PLAB.US) soared nearly 48% at market open, hitting a record high of $37.84. The surge followed the company's release of its fiscal 2025 fourth-quarter results on December 10, reporting adjusted earnings per share of $0.60, surpassing the expected $0.46. Revenue reached $215.77 million, exceeding projections of $205.22 million.

Additionally, Photronics provided guidance for fiscal Q1 2026, forecasting adjusted EPS between $0.51 and $0.59, with revenue expected to range from $217 million to $225 million.