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Oct 31, 2021
Photronics Q4 2021 Earnings Report
Photronics reported record revenue for the fourth consecutive year, driven by demand for design-driven products and fully ramped new flat panel display capacity.
Key Takeaways
Photronics reported a strong fourth quarter and full year fiscal 2021, with record revenue driven by increased demand for design-driven products and new flat panel display capacity. The company's strategic investments and strong cash flow have positioned it for continued growth.
Photronics achieved a fourth consecutive year of record revenue.
Q4 revenue reached a record $181.3 million, up 21% year-over-year.
Net income for Q4 was $19.8 million, or $0.33 per diluted share.
The company is optimistic about its future and ability to deliver on long-term target model objectives.
Revenue by Segment
Forward Guidance
For the first quarter of 2022, Photronics expects revenue to be between $178 million and $186 million, and net income attributable to Photronics, Inc. shareholders to be between $0.27 and $0.34 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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