<SEC-DOCUMENT>0001206774-13-004061.txt : 20131113
<SEC-HEADER>0001206774-13-004061.hdr.sgml : 20131113
<ACCEPTANCE-DATETIME>20131113092857
ACCESSION NUMBER:		0001206774-13-004061
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20131113
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20131113
DATE AS OF CHANGE:		20131113

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PHOTRONICS INC
		CENTRAL INDEX KEY:			0000810136
		STANDARD INDUSTRIAL CLASSIFICATION:	SEMICONDUCTORS & RELATED DEVICES [3674]
		IRS NUMBER:				060854886
		STATE OF INCORPORATION:			CT
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-15451
		FILM NUMBER:		131212837

	BUSINESS ADDRESS:	
		STREET 1:		15 SECOR ROAD
		STREET 2:		PO BOX 5226
		CITY:			BROOKFIELD
		STATE:			CT
		ZIP:			06804
		BUSINESS PHONE:		2037759000

	MAIL ADDRESS:	
		STREET 1:		15 SECOR ROAD
		STREET 2:		P O BOX 5226
		CITY:			BROOKFIELD
		STATE:			CT
		ZIP:			06804

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PHOTRONIC LABS INC
		DATE OF NAME CHANGE:	19900514
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>photronics_8k.htm
<DESCRIPTION>CURRENT REPORT
<TEXT>

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<DIV align=center><B><FONT face="Times New Roman">UNITED
STATES<BR></FONT></B><B><FONT face="Times New Roman">SECURITIES AND EXCHANGE
COMMISSION<BR>Washington, D.C. 20549</FONT></B></DIV>
<DIV align=center><FONT size=3 face="Times New Roman">____________________</FONT></DIV>
<P align=center><B><FONT face="Times New Roman" size=5>FORM
8-K</FONT></B><B><FONT face="Times New Roman"></FONT></B></P>
<P align=center><B><FONT face="Times New Roman">CURRENT
REPORT<BR></FONT></B><B><FONT face="Times New Roman">Pursuant To Section 13 Or
15(d) Of The Securities Exchange Act Of 1934</FONT></B></P>
<DIV align=center><IMG src="photronics_8kx1x1.jpg">
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  <TR vAlign=bottom>
    <TD noWrap align=left width="71%"><FONT face="Times New Roman" size=2>Date
      of report (Date of earliest event reported)&nbsp;</FONT></TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=left width="28%"><B><FONT face="Times New Roman" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; November 13,
      2013&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></B></TD></TR></TABLE></DIV><BR>
<DIV align=center><BR>
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  <TR vAlign=bottom>
    <TD style="BORDER-BOTTOM: #000000 1pt solid; TEXT-ALIGN: center" width="100%"><B><FONT face="Times New Roman" size=2>PHOTRONICS,
      INC.</FONT></B></TD></TR>
  <TR vAlign=bottom>
    <TD style="TEXT-ALIGN: center" noWrap width="100%"><FONT face="Times New Roman" size=2>(Exact name of registrant as specified in
      its charter)</FONT></TD></TR></TABLE></DIV><BR>
<DIV align=center>
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    <TD style="BORDER-BOTTOM: #000000 1pt solid; TEXT-ALIGN: center" noWrap width="33%"><B><FONT face="Times New Roman"><FONT face="Times New Roman" size=2>Connecticut</FONT></FONT></B></TD>
    <TD style="TEXT-ALIGN: center" noWrap width="1%"><STRONG><FONT face="Times New Roman" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></STRONG></TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid; TEXT-ALIGN: center" noWrap width="31%"><B><FONT face="Times New Roman" size=2>0-15451</FONT></B></TD>
    <TD style="TEXT-ALIGN: center" noWrap width="1%"><STRONG><FONT face="Times New Roman" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></STRONG></TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid; TEXT-ALIGN: center" noWrap width="33%"><B><FONT face="Times New Roman" size=2>06-0854886</FONT></B></TD></TR>
  <TR vAlign=bottom>
    <TD style="TEXT-ALIGN: center" noWrap width="33%"><FONT face="Times New Roman" size=2>(State or other jurisdiction</FONT></TD>
    <TD style="TEXT-ALIGN: center" noWrap width="1%">&nbsp;</TD>
    <TD style="TEXT-ALIGN: center" noWrap width="31%"><FONT face="Times New Roman" size=2>(Commission</FONT></TD>
    <TD style="TEXT-ALIGN: center" noWrap width="1%">&nbsp;</TD>
    <TD style="TEXT-ALIGN: center" noWrap width="33%"><FONT face="Times New Roman" size=2>(IRS Employer</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD style="TEXT-ALIGN: center" noWrap width="33%"><FONT face="Times New Roman" size=2>of incorporation)</FONT></TD>
    <TD style="TEXT-ALIGN: center" noWrap width="1%"></TD>
    <TD style="TEXT-ALIGN: center" noWrap width="31%"><FONT face="Times New Roman" size=2>File Number)</FONT></TD>
    <TD style="TEXT-ALIGN: center" noWrap width="1%"></TD>
    <TD style="TEXT-ALIGN: center" noWrap width="33%"><FONT face="Times New Roman" size=2>Identification
Number)</FONT></TD></TR></TABLE></DIV><BR>
<DIV align=center>
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  <TR vAlign=bottom>
    <TD style="BORDER-BOTTOM: #000000 1pt solid; TEXT-ALIGN: center" noWrap width="76%"><B><FONT face="Times New Roman"><FONT face="Times New Roman" size=2>15 Secor Road, Brookfield, CT</FONT></FONT></B></TD>
    <TD style="TEXT-ALIGN: center" noWrap width="1%"><STRONG><FONT face="Times New Roman" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></STRONG></TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid; TEXT-ALIGN: center" noWrap width="23%"><B><FONT face="Times New Roman" size=2>06804</FONT></B></TD></TR>
  <TR vAlign=bottom>
    <TD style="TEXT-ALIGN: center" noWrap width="76%"><FONT face="Times New Roman" size=2>(Address of Principal Executive
      Offices)</FONT></TD>
    <TD style="TEXT-ALIGN: center" noWrap width="1%"></TD>
    <TD style="TEXT-ALIGN: center" noWrap width="23%"><FONT face="Times New Roman" size=2>(Zip
Code)</FONT></TD></TR></TABLE></DIV><BR>
<DIV align=center>
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  <TR vAlign=bottom>
    <TD noWrap align=left width="74%"><FONT face="Times New Roman" size=2>Registrant's Telephone Number, including area code</FONT></TD>
    <TD noWrap align=right width="1%">&nbsp;<STRONG><FONT face="Times New Roman" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      </FONT></STRONG></TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=left width="24%"><B><FONT face="Times New Roman" size=2>(203)
      775-9000</FONT></B></TD></TR></TABLE><BR><BR>
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  <TR vAlign=bottom>
    <TD style="BORDER-BOTTOM: #000000 1pt solid; TEXT-ALIGN: center" width="100%"></TD></TR>
  <TR vAlign=bottom>
    <TD style="TEXT-ALIGN: center" noWrap width="100%">
      <P align=justify><FONT face="Times New Roman" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Former name or former
      address, if changed since last report)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      </FONT></P></TD></TR></TABLE></DIV><BR>
<P align=justify><FONT face="Times New Roman" size=2>Check the appropriate box
below if the Form 8-K filing is intended to simultaneously satisfy the filing
obligation of the registrant under any of the following provisions: </FONT></P>
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  <TR vAlign=bottom>
    <TD noWrap align=left width="1%"><FONT face=Wingdings size=2>&#168;</FONT></TD>
    <TD noWrap align=left width="1%"><FONT face="Times New Roman" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></TD>
    <TD noWrap align=left width="98%"><FONT face="Times New Roman" size=2>Written communications pursuant to Rule 425 under the Securities
      Act (17 CFR 230.425)</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="1%"><FONT face=Wingdings size=2>&#168;</FONT></TD>
    <TD noWrap align=left width="1%"></TD>
    <TD noWrap align=left width="98%"><FONT face="Times New Roman" size=2>Soliciting material pursuant to Rule 14a-12 under the Exchange Act
      (17 CFR 240.14a-12)</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="1%"><FONT face=Wingdings size=2>&#168;</FONT></TD>
    <TD noWrap align=left width="1%"></TD>
    <TD noWrap align=left width="98%"><FONT face="Times New Roman" size=2>Pre-commencement communications pursuant to Rule 14d-2(b) under the
      Exchange Act (17 CFR 240.14d-2(b))</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="1%"><FONT face=Wingdings size=2>&#168;</FONT></TD>
    <TD noWrap align=left width="1%"></TD>
    <TD noWrap align=left width="98%"><FONT face="Times New Roman" size=2>Pre-commencement communications pursuant to Rule 13e-4(c) under the
      Exchange Act (17 CFR 240.13e-4(c))</FONT></TD></TR>
  <TR>
    <TD style="BORDER-BOTTOM: #ff0000 1pt solid" noWrap align=left width="1%"></TD>
    <TD style="BORDER-BOTTOM: #ff0000 1pt solid" noWrap align=left width="1%"></TD>
    <TD style="BORDER-BOTTOM: #ff0000 1pt solid" noWrap align=left width="98%">&nbsp;</TD></TR></TABLE><BR>
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<DIV style="PAGE-BREAK-BEFORE: always"></DIV><BR>
<P align=left><B><U><FONT face="Times New Roman" size=2>Item 2.02</FONT></U></B><B><FONT face="Times New Roman" size=2>&nbsp;</FONT></B><FONT face="Times New Roman" size=2></FONT><B><U><FONT face="Times New Roman" size=2>Results of Operations and Financial
Condition</FONT></U></B><FONT face="Times New Roman" size=2> </FONT></P>
<P style="PADDING-LEFT: 15pt" align=left><FONT face="Times New Roman" size=2>On November 13,
2013, the Company issued a press release announcing preliminary financial
results for the fourth quarter of fiscal 2013. A copy of the press release is
attached to this 8-K. </FONT></P>
<P style="PADDING-LEFT: 15pt" align=left><FONT face="Times New Roman" size=2>A copy of the
press release is furnished as Exhibit 99.1 to this report. The information
contained in this Item 2.02 and the attached Exhibit 99.1, shall not be deemed
&#147;filed&#148; for purposes of Section 18 of the Securities Exchange Act of 1934 and
shall not be incorporated by reference in any filing under the Securities Act of
1933 except as shall be expressly set forth by specific reference in such
filing. </FONT></P>
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    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=left width="2%"><B><FONT face="Times New Roman" size=2>Item 9.01</FONT></B><FONT face="Times New Roman" size=2>.</FONT></TD>
    <TD noWrap align=left width="1%">&nbsp;
      &nbsp;&nbsp;&nbsp; &nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=left width="11%"><B><FONT face="Times New Roman" size=2>Financial Statements and
    Exhibits</FONT></B></TD>
    <TD noWrap align=left width="86%">&nbsp;</TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="3%" colSpan=2><FONT face="Times New Roman" size=2>&nbsp;&nbsp; (d) Exhibits&nbsp;
    </FONT></TD>
    <TD noWrap align=left width="97%" colSpan=2></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="3%" bgColor=#c0c0c0 colSpan=2><FONT face="Times New Roman" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      99.1</FONT></TD>
    <TD noWrap align=left width="97%" bgColor=#c0c0c0 colSpan=2><FONT face="Times New Roman" size=2>Press Release
      dated November 13, 2013</FONT></TD></TR></TABLE><BR>
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<DIV style="PAGE-BREAK-BEFORE: always"></DIV><BR>
<P align=center><B><FONT face="Times New Roman" size=2>SIGNATURES</FONT></B><FONT face="Times New Roman" size=2> </FONT></P>
<P align=left><FONT face="Times New Roman" size=2>Pursuant to the requirements of the
Securities Exchange Act of 1934, the Registrant has duly caused this report to
be signed on its behalf by the undersigned hereunto duly authorized. </FONT></P>
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    <TD style="BORDER-BOTTOM: #000000 1pt solid; TEXT-ALIGN: center" noWrap width="100%">
      <P align=justify><FONT face="Times New Roman" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      <STRONG>PHOTRONICS,
      INC.</STRONG>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      </FONT></P></TD></TR>
  <TR vAlign=bottom>
    <TD style="TEXT-ALIGN: center" noWrap width="100%">
      <P align=center><FONT face="Times New Roman" size=2>(Registrant)</FONT></P></TD></TR></TABLE></DIV><BR><BR>
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    <TD noWrap align=left width="50%"><B><FONT face="Times New Roman" size=2>DATE: <U>November
      13, 2013</U></FONT></B></TD>
    <TD style="TEXT-ALIGN: center" noWrap width="1%"><STRONG><FONT face="Times New Roman" size=2>BY&nbsp;</FONT></STRONG></TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=left width="49%"><B><FONT face="Times New Roman" size=2>/s/ </FONT></B><B><I><FONT face="Times New Roman" size=2>Richelle E. Burr</FONT></I></B></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="50%"></TD>
    <TD noWrap align=left width="1%"></TD>
    <TD noWrap align=left width="49%"><FONT face="Times New Roman" size=2>Richelle E.
      Burr</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="50%"></TD>
    <TD noWrap align=left width="1%"></TD>
    <TD noWrap align=left width="49%"><FONT face="Times New Roman" size=2>Vice President,
      General Counsel</FONT></TD></TR>
  <TR>
    <TD style="BORDER-BOTTOM: #ff0000 1pt solid" noWrap align=left width="50%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #ff0000 1pt solid" noWrap align=left width="1%"></TD>
    <TD style="BORDER-BOTTOM: #ff0000 1pt solid" noWrap align=left width="49%"></TD></TR>
  <TR>
    <TD noWrap align=left width="50%">
      <P align=justify><FONT face="Times New Roman" size=2>PHOTRONICS, INC.
      </FONT></P></TD>
    <TD noWrap align=left width="1%"></TD></TR></TABLE><BR>
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<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>exhibit99-1.htm
<DESCRIPTION>PRESS RELEASE DATED NOVEMBER 13, 2013
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    <TD noWrap align=left width="41%"><IMG src="photronics_8kx1x1.jpg" border=0></TD>
    <TD style="PADDING-BOTTOM: 2pt; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1pt solid; TEXT-ALIGN: right" noWrap width="58%" rowSpan=2>
      <P><B><FONT face="Times New Roman" size=2>F</FONT></B><B><FONT face="Times New Roman" size=1>OR </FONT></B><B><FONT face="Times New Roman" size=2>F</FONT></B><B><FONT face="Times New Roman" size=1>URTHER </FONT></B><B><FONT face="Times New Roman" size=2>I</FONT></B><B><FONT face="Times New Roman" size=1>NFORMATION</FONT></B><B><FONT face="Times New Roman" size=2>:<BR></FONT></B><FONT face="Times New Roman" size=2>Pete
      Broadbent<BR>Vice President, Investor Relations &amp;<BR>
      Marketing<BR>(203) 775-9000<BR></FONT><FONT face="Times New Roman" size=2>pbroadbent@photronics.com<BR>&nbsp;</FONT><FONT face="Times New Roman" size=2> </FONT></P></TD></TR>
  <TR vAlign=bottom>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=left width="41%"><B><I><FONT face="Times New Roman" size=5>Press
      Release<BR>&nbsp;</FONT></I></B></TD></TR></TABLE><BR>
<P align=center><B><FONT face="Times New Roman" size=5>Photronics Announces Preliminary
Financial Results<BR></FONT></B><B><FONT face="Times New Roman" size=5></FONT></B><B><FONT face="Times New Roman" size=5>for the Fourth Quarter of Fiscal 2013</FONT></B><B><FONT face="Times New Roman" size=5></FONT></B></P>
<P align=justify><FONT face="Times New Roman" size=2>BROOKFIELD, Connecticut November 13,
2013 &#151; </FONT><FONT face="Times New Roman" size=2>Photronics, Inc.</FONT><FONT face="Times New Roman" size=2> (NASDAQ:PLAB), a worldwide leader in supplying innovative imaging
technology solutions for the global electronics industry, announced preliminary
financial results for the fourth quarter of fiscal 2013.</FONT></P>
<P align=justify><FONT face="Times New Roman" size=2>Photronics expects revenues for the
fourth quarter ended November 3, 2013, will be in the range of $105 million to
$106 million compared with previous guidance announced on August 14, 2013, of
$110 million to $114 million. As a result of the lower revenue, Photronics
expects that earnings per diluted share for the fourth fiscal quarter will be in
the range of $0.06 to $0.07 compared with previous guidance in the range of
$0.10 to $0.13. Photronics plans to provide guidance for the first quarter of
fiscal 2014 during its regularly scheduled fourth quarter and full year fiscal
2013 financial results conference call scheduled for December 11,
2013.</FONT></P>
<P align=justify><FONT face="Times New Roman" size=2>"We expect that our fourth quarter
revenue and EPS will be lower than previously anticipated as a result of a delay
in fully completing the qualification process with a key Asian foundry customer
for new nodes in our high-end integrated circuit (IC) photomasks. Additionally,
our high-end memory business was soft during the quarter. Our qualifications for
these customers are ongoing and we expect to see increased orders in the new
fiscal year," stated Constantine ("Deno") Macricostas, Photronics' chairman and
chief executive officer.</FONT></P>
<P align=justify><FONT face="Times New Roman" size=2>"Looking longer term, our investments
in high-end photomask technology position us to capitalize on the strong demand
trends we expect to experience in the coming year. We are confident in our
ability to deliver long-term growth and profitability," concluded
Macricostas.</FONT></P>
<P align=justify><FONT face="Times New Roman" size=2>Photronics plans to announce its fiscal
fourth quarter and full year fiscal 2013 financial results at 4:30 p.m. Eastern
Time on Tuesday, December 10, 2013, and host a conference call with investors to
discuss these results at 8:30 a.m. Eastern Time on Wednesday, December 11, 2013.
The live dial-in number is</FONT><FONT face="Times New Roman" size=2> </FONT><FONT face="Times New Roman" size=2>(408) 774-4601. The call can also be accessed by logging onto
Photronics' web site at </FONT><FONT face="Times New Roman" size=2>www.photronics.com</FONT><FONT face="Times New Roman" size=2>. </FONT></P>
<P align=justify><B><FONT face="Times New Roman" size=2>About Photronics </FONT></B></P>
<P align=justify><FONT face="Times New Roman" size=2>Photronics</FONT><FONT face="Times New Roman" size=2> is a leading worldwide manufacturer of </FONT><FONT face="Times New Roman" size=2>photomasks</FONT><FONT face="Times New Roman" size=2>. Photomasks are high precision
quartz plates that contain microscopic images of electronic circuits. A key
element in the manufacture of semiconductors and flat panel displays, photomasks
are used to transfer circuit patterns onto semiconductor wafers and flat panel
substrates during the fabrication of integrated circuits, a variety of flat
panel displays and, to a lesser extent, other types of electrical and optical
components. They are produced in accordance with product designs provided by
customers at strategically located </FONT><FONT face="Times New Roman" size=2>manufacturing
facilities</FONT><FONT face="Times New Roman" size=2> in Asia, Europe, and North America.
Additional information on the Company can be accessed at </FONT><FONT face="Times New Roman" size=2>www.photronics.com</FONT><FONT face="Times New Roman" size=2>.</FONT></P>
<P align=justify><FONT face="Times New Roman" size=2>The Private Securities Litigation
Reform Act of 1995 provides a &#147;safe harbor&#148; for forward-looking statements made
by or on behalf of Photronics, Inc. and its subsidiaries (the Company). The
forward-looking statements contained in this press release and other parts of
Photronics&#146; web site involve risks and uncertainties that may affect the
Company&#146;s operations, markets, products, services, prices, and other factors.
These risks and uncertainties include, but are not limited to, economic,
competitive, legal, governmental, and technological factors as well as decisions
we may make in the future regarding our business, capital structure and other
matters. Accordingly, there is no assurance that the Company&#146;s expectations will
be realized. For a fuller discussion of the factors that may affect the
Company's operations, see "Forward Looking Statements" in the Company's
Quarterly and Annual Reports to the Securities and Exchange Commission on Forms
10-Q and 10-K. The Company assumes no obligation to provide revisions to any
forward-looking statements.</FONT><FONT face="Times New Roman" size=1> </FONT></P>
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`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
