Join Photronics, Inc. Class Action Lawsuit: PLAB Lawsuit Sign Up Form

Company: Photronics, Inc.

Ticker: (NASDAQ) PLAB

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Certification of Plaintiff Pursuant to Federal Securities Laws

I, duly certify and say, as to the claims asserted under the federal securities laws, that:

1. I have reviewed a complaint filed in the action.

2. I did not purchase the security that is the subject of this action at the direction of plaintiff's counsel or in order to participate in this action.

3. I am willing to serve as a representative party on behalf of the class, including providing testimony at deposition and trial, if necessary.

4. My transaction(s) in Photronics, Inc. which are the subject of this litigation during the class period set forth in the complaint are set forth in the chart attached hereto.

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6. I will not accept any payment for serving as a representative party on behalf of the class beyond the Plaintiff's pro rata share of any recovery, except as ordered or approved by the court, including any award for reasonable costs and expenses (including lost wages) directly relating to the representation of the class.

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By your signature above, you confirm that have retained Levi & Korsinsky, LLP to represent you and the shareholder class as a lead plaintiff in the pending class action against Photronics, Inc. This representation will be on a contingency basis, meaning that Levi & Korsinsky will advance all expenses in the litigation and will only seek compensation and/or reimbursement of expenses if the firm obtains a recovery. Regardless of the result, we will never ask you to directly pay for any attorneys’ fees, expenses, or costs. Should we obtain a favorable result, we may ask the court to award us compensation and reimbursement of expenses to be paid by the defendants or as a portion of any class recovery. In exchange for our representation, you agree to cooperate as our client by providing, for example, relevant documents and deposition testimony, if necessary. During the course of this litigation, we may employ and/or work with other law firms, experts, and third-parties to successfully prosecute this action. If you are not appointed as the lead plaintiff or Levi & Korsinsky is not appointed as lead counsel, we will notify you of such decision at which time this representation will end unless otherwise extended by you and the firm. We look forward to working with you towards a successful resolution of this action.

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Investigation Details

Photronics issued a press release on May 28, 2025, reporting its financial results for the second quarter of 2025. Among other items, Photronics reported revenue of $210.99 million, representing a 2.8% year-over-year decline and missing consensus estimates by $1.01 million, and non-GAAP earnings per share of $0.40, missing consensus estimates by $0.08. Photronics also issued third quarter revenue guidance in the range of $200 million to $208 million, compared to consensus estimates of $220 million. In the same press release, Photronics announced the resignation of Dr. Frank Lee from his role as the Company’s Chief Executive Office, effective immediately.

Following this news, Photronics’ stock price fell over 15% on the same day.

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