PLAB Q2 2024 Earnings — Photronics, Inc. Revenue & Financial Results | Market Cap Arena

PLABPhotronics, Inc.

$2B

Q2 2024 Earnings

Technology Semiconductors

Income Statement

Revenue

$217M-5.4% YoY

Gross Profit

$79M36.5% margin

Operating Income

$56M25.8% margin

Net Income

$36M16.7% margin

EPS (Diluted)

$0.58

QoQ Revenue Growth

+0.3%

Cash Flow

Operating Cash Flow

$76M

Free Cash Flow

$56M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$235M

Stockholders' Equity

$1.0B

Cash & Equivalents

$494M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$217M	$229M	-5.4%
Gross Profit	$79M	$88M	-10.4%
Operating Income	$56M	$67M	-16.5%
Net Income	$36M	$40M	-9.2%

Revenue Segments

Mainstream Integrated Circuits

$103M47%

High-end Integrated Circuits

$58M27%

High-end Flat Panel Displays

$48M22%

Mainstream Flat Panel Displays

$8M4%

Geographic Segments

Taiwan

$75M35%

China

$59M27%

Korea

$39M18%

United States

$33M15%

Europe

$10M5%

Other

$371,0000%