Glancy Prongay & Murray LLP Commences Investigation on Behalf of Photronics, Inc. Investors

Glancy Prongay & Murray LLP ("GPM") announces an investigation on behalf of Photronics, Inc. ("Photronics" or the "Company") PLAB investors for allegedly issuing false and/or misleading information to Photronics investors. To obtain information or aid in the investigation, please visit the Photronics investigation page on our website www.glancylaw.com/case/photronics-inc.

The investigation concerns whether Photronics and certain of its officers and/or directors misled investors regarding the profitability and earnings of the Company. On August 14, 2017, after the market close, the Company announced third-quarter net income that fell to $4.0 million, or 6 cents a share, from $8.1 million, or 12 cents a share, in the same period a year ago. The Company also lowered guidance and announced the retirement of its chief financial officer, Sean Smith.

Follow us for updates on Twitter: twitter.com/GPM_LLP.

If you purchased Photronics securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170816006082/en/