Photronics reports Q4 revenue $222.6M, GAAP EPS $0.54; guides Q1 $208-216M

PHOTRONICS INC

2024-FY EPS reported $2.09 revenue$866,946,000

Full-year fiscal 2024 revenue $866.9M, down 3% YoY; GAAP EPS $2.09 vs $2.03 prior year.
Q4 revenue $222.6M, down 2% YoY, up 6% sequentially; GAAP EPS $0.54 vs $0.72 YoY.
IC segment Q4 revenue $163.7M (+5% sequentially); FPD segment $58.9M (+7% sequentially).
Cash and short-term investments $640.7M, debt $18.0M; operating cash flow $68.4M in Q4.
Q1 fiscal 2025 guidance: revenue $208-216M, non-GAAP EPS $0.43-0.49.

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