PLAB Q1 2023 Earnings — Photronics, Inc. Revenue & Financial Results | Market Cap Arena

PLABPhotronics, Inc.

$2B

Q1 2023 Earnings

Technology Semiconductors

Income Statement

Revenue

$211M+11.2% YoY

Gross Profit

$76M36.0% margin

Operating Income

$56M26.5% margin

Net Income

$14M6.6% margin

EPS (Diluted)

$0.23

QoQ Revenue Growth

+0.4%

Cash Flow

Operating Cash Flow

$28M

Free Cash Flow

-$3M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$259M

Stockholders' Equity

$921M

Cash & Equivalents

$335M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$211M	$190M	+11.2%
Gross Profit	$76M	$60M	+27.1%
Operating Income	$56M	$38M	+46.5%
Net Income	$14M	$23M	-39.4%

Revenue Segments

Mainstream Integrated Circuits

$109M51%

High-end Integrated Circuits

$48M23%

High-end Flat Panel Displays

$46M22%

Mainstream Flat Panel Displays

$9M4%

Geographic Segments

Taiwan

$76M36%

China

$59M28%

Korea

$38M18%

United States

$30M14%

Europe

$8M4%

Other

$429,0000%