PLAB Q3 2023 Earnings — Photronics, Inc. Revenue & Financial Results | Market Cap Arena

PLABPhotronics, Inc.

$2B

Q3 2023 Earnings

Technology Semiconductors

Income Statement

Revenue

$224M+1.9% YoY

Gross Profit

$87M38.7% margin

Operating Income

$65M29.1% margin

Net Income

$27M12.0% margin

EPS (Diluted)

$0.44

QoQ Revenue Growth

-2.2%

Cash Flow

Operating Cash Flow

$86M

Free Cash Flow

$65M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.5B

Total Liabilities

$251M

Stockholders' Equity

$961M

Cash & Equivalents

$448M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$224M	$220M	+1.9%
Gross Profit	$87M	$84M	+3.5%
Operating Income	$65M	$64M	+2.4%
Net Income	$27M	$31M	-13.7%

Revenue Segments

Mainstream Integrated Circuits

$118M53%

High-end Flat Panel Displays

$50M22%

High-end Integrated Circuits

$45M20%

Mainstream Flat Panel Displays

$11M5%

Geographic Segments

Taiwan

$82M36%

China

$62M28%

Korea

$41M18%

United States

$30M13%

Europe

$10M4%

Other

$506,0000%