PLAB Q3 2024 Earnings — Photronics, Inc. Revenue & Financial Results | Market Cap Arena

PLABPhotronics, Inc.

$2B

Q3 2024 Earnings

Technology Semiconductors

Income Statement

Revenue

$211M-5.9% YoY

Gross Profit

$75M35.6% margin

Operating Income

$52M24.7% margin

Net Income

$34M16.3% margin

EPS (Diluted)

$0.55

QoQ Revenue Growth

-2.8%

Cash Flow

Operating Cash Flow

$75M

Free Cash Flow

$51M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$232M

Stockholders' Equity

$1.1B

Cash & Equivalents

$537M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$211M	$224M	-5.9%
Gross Profit	$75M	$87M	-13.4%
Operating Income	$52M	$65M	-20.1%
Net Income	$34M	$27M	+27.6%

Revenue Segments

Mainstream Integrated Circuits

$106M50%

High-end Integrated Circuits

$49M23%

High-end Flat Panel Displays

$48M23%

Mainstream Flat Panel Displays

$7M3%

Geographic Segments

Taiwan

$68M32%

China

$55M26%

United States

$39M18%

Korea

$38M18%

Europe

$10M5%

Other

$497,0000%