Photronics Q1 revenue $189.8M (+25% YoY), EPS $0.38; Q2 guidance $188-196M

PHOTRONICS INC

2022-Q1 EPS reported $0.38 revenue$189,827,000

Net income attributable to shareholders $23.1M ($0.38 per diluted share) vs $8.0M ($0.13) YoY.
IC revenue $129.8M (+24% YoY); FPD revenue $60.1M (+27% YoY).
Fourth consecutive quarter of record revenue; gross profit $59.9M vs $30.5M YoY.
Q2 FY2022 revenue guidance $188-196M; EPS guidance $0.32-0.38 per diluted share.
Cash and equivalents $314.2M; long-term debt $78.5M.

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