Photronics Q1 2022 Earnings Report
Key Takeaways
Photronics reported first quarter fiscal 2022 results with record revenue of $189.8 million, a 25% increase year-over-year. Net income attributable to Photronics, Inc. shareholders was $23.1 million, or $0.38 per diluted share, nearly 300% year-over-year increase.
Revenue was $189.8 million, up 25% year-over-year.
Net income was $23.1 million ($0.38 per diluted share), nearly 300% year-over-year increase.
IC revenue was $129.8 million, up 24% compared with the first quarter of last year
FPD revenue was $60.1 million, up 27% over the same period last year.
Photronics
Photronics
Photronics Revenue by Segment
Forward Guidance
For the second quarter of 2022, Photronics expects revenue to be between $188 million and $196 million, and net income attributable to Photronics, Inc. shareholders to be between $0.32 and $0.38 per diluted share.
Revenue & Expenses
Visualization of income flow from segment revenue to net income