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Jan 31, 2021
Photronics Q1 2021 Earnings Report
Photronics reported mixed Q1 2021 results with sequential revenue growth but year-over-year decline.
Key Takeaways
Photronics reported Q1 2021 revenue of $152.1 million, a 2% increase sequentially but a 5% decrease year-over-year. Net income was $8.0 million, or $0.13 per diluted share. The company expects revenue between $153 million and $162 million, and diluted EPS between $0.14 and $0.20 for Q2 2021.
Revenue increased 2% sequentially but decreased 5% year-over-year to $152.1 million.
Net income was $8.0 million, or $0.13 per diluted share.
IC revenue was $105.0 million, down 2% year-over-year.
FPD revenue was $47.1 million, down 11% year-over-year.
Revenue by Segment
Forward Guidance
For the second quarter of 2021, Photronics expects revenue to be between $153 million and $162 million, and net income attributable to Photronics, Inc. shareholders to be between $0.14 and $0.20 per diluted share.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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