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Aug 01, 2021
Photronics Q3 2021 Earnings Report
Photronics achieved record revenue driven by strong demand in both IC and FPD markets.
Key Takeaways
Photronics reported record revenue of $170.6 million, a 7% increase sequentially and an 8% increase year-over-year. Net income attributable to Photronics, Inc. shareholders was $17.1 million, or $0.28 per diluted share.
Revenue reached a record $170.6 million, reflecting a 7% sequential increase and an 8% year-over-year increase.
Net income attributable to Photronics, Inc. shareholders was $17.1 million, or $0.28 per diluted share.
IC revenue was $117.8 million, up 5% sequentially and 8% year-over-year.
FPD revenue was $52.9 million, up 11% sequentially and 7% year-over-year.
Revenue by Segment
Forward Guidance
For the fourth quarter of 2021, Photronics expects revenue to be between $171 million and $179 million, and net income attributable to Photronics, Inc. shareholders to be between $0.21 and $0.29 per diluted share.
Positive Outlook
- Revenue between $171 million and $179 million
- Net income attributable to Photronics, Inc. shareholders to be between $0.21 and $0.29 per diluted share
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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