earnings
confidence high
sentiment neutral
materiality 0.65
Photronics Q1 revenue $216.3M (+2% YoY), GAAP EPS $0.42; Q2 guidance $226-236M rev
PHOTRONICS INC
2024-Q1 EPS reported
$0.42
revenue$216,334,000
- Revenue $216.3M, +2% YoY; GAAP net income $26.2M ($0.42 diluted) vs $14.0M ($0.23) YoY.
- Non-GAAP EPS $0.48 vs $0.40 YoY; Q2 guidance: rev $226-236M, non-GAAP EPS $0.50-$0.58.
- IC rev $157.6M (+1% YoY), FPD rev $58.7M (+8% YoY). Cash from ops $41.5M.
- Cash $508.5M, debt $23.4M; net cash $485.1M.