PLAB Q1 2024 Earnings — Photronics, Inc. Revenue & Financial Results | Market Cap Arena

PLABPhotronics, Inc.

$2B

Q1 2024 Earnings

Technology Semiconductors

Income Statement

Revenue

$216M+2.5% YoY

Gross Profit

$79M36.6% margin

Operating Income

$57M26.6% margin

Net Income

$26M12.1% margin

EPS (Diluted)

$0.42

QoQ Revenue Growth

-4.9%

Cash Flow

Operating Cash Flow

$42M

Free Cash Flow

-$2M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$236M

Stockholders' Equity

$1.0B

Cash & Equivalents

$509M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$216M	$211M	+2.5%
Gross Profit	$79M	$76M	+4.2%
Operating Income	$57M	$56M	+2.7%
Net Income	$26M	$14M	+87.2%

Revenue Segments

Mainstream Integrated Circuits

$97M45%

High-end Integrated Circuits

$61M28%

High-end Flat Panel Displays

$51M23%

Mainstream Flat Panel Displays

$8M4%

Geographic Segments

Taiwan

$75M35%

China

$58M27%

Korea

$40M19%

United States

$33M15%

Europe

$10M4%

Other

$459,0000%