---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-057413"
form_type: "8-K"
ticker: "PLAB"
cik: "0000810136"
company_name: "PHOTRONICS INC"
filed_at: "2023-12-13T23:59:59+00:00"
generated_at: "2026-06-07T13:51:06.451438+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Photronics Q4 FY2023 revenue $227.5M (+8% YoY); full-year record $892.1M, sixth consecutive record

## Summary
- Q4 GAAP EPS $0.72, non-GAAP EPS $0.60; full-year GAAP EPS $2.03, non-GAAP $2.04.
- IC revenue $164.5M (+5% YoY); FPD record $63.0M (+17% YoY) driving growth.
- Q4 operating margin 28.5%; cash from operations $106.6M; free cash flow $170.9M for FY.
- Q1 FY2024 guidance: revenue $217M-$225M, non-GAAP EPS $0.45-$0.53.
- Cash and equivalents $499.3M, net cash $474.7M; debt $24.6M.

## SEC filing metadata
- accession: 0001140361-23-057413
- form_type: 8-K
- ticker: PLAB
- cik: 0000810136
- company_name: PHOTRONICS INC
- filed_at: 2023-12-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/810136/000114036123057413/0001140361-23-057413-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/810136/000114036123057413/ef20016543_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-057413
- JSON: https://secwatch.observer/filing/0001140361-23-057413.json
- Plain text: https://secwatch.observer/filing/0001140361-23-057413.txt

## Key facts
- Earnings Releases
  PHOTRONICS INC reported full year and fourth quarter of fiscal year 2023 ended October 31, 2023 results: revenue $892.1 million, net income $125.5 million, EPS $2.03 per diluted share. Guidance initiated.
  - Period: full year and fourth quarter of fiscal year 2023 ended October 31, 2023
  - Revenue: $892.1 million
  - Net income: $125.5 million
  - EPS: $2.03 per diluted share
  - Guidance: initiated
  - Result: reported results
  source text: I am proud of our team’s performance and look forward to even greater achievements as we execute our strategy in the year to come.” Full Year Fiscal 2023 Results • Revenue was $892.1 million, up 8% over the previous year – the sixth consecutive year of record revenue • GAAP net income attributable to Photronics, Inc. shareholders was $125.5 million, or $2.03 per
  evidence_url: https://www.sec.gov/Archives/edgar/data/810136/000114036123057413/0001140361-23-057413-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.