PLAB Q2 2023 Earnings — Photronics, Inc. Revenue & Financial Results | Market Cap Arena

PLABPhotronics, Inc.

$2B

Q2 2023 Earnings

Technology Semiconductors

Income Statement

Revenue

$229M+12.1% YoY

Gross Profit

$88M38.6% margin

Operating Income

$67M29.2% margin

Net Income

$40M17.4% margin

EPS (Diluted)

$0.65

QoQ Revenue Growth

+8.6%

Cash Flow

Operating Cash Flow

$82M

Free Cash Flow

$55M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.5B

Total Liabilities

$246M

Stockholders' Equity

$928M

Cash & Equivalents

$367M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$229M	$205M	+12.1%
Gross Profit	$88M	$70M	+25.9%
Operating Income	$67M	$49M	+35.7%
Net Income	$40M	$27M	+45.6%

Revenue Segments

Mainstream Integrated Circuits

$123M54%

High-end Flat Panel Displays

$52M23%

High-end Integrated Circuits

$44M19%

Mainstream Flat Panel Displays

$10M5%

Geographic Segments

Taiwan

$80M35%

China

$65M28%

Korea

$41M18%

United States

$32M14%

Europe

$9M4%

Other

$500,0000%