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Oct 31, 2022
Photronics Q4 2022 Earnings Report
Photronics reported fourth quarter and full year fiscal 2022 results, achieving record revenue for the fifth consecutive year.
Key Takeaways
Photronics reported a solid finish to the year with strong demand for design-driven products. Q4 revenue was $210.3 million, up 16% year-over-year, but down 4% sequentially. Net income was $37.1 million, or $0.60 per diluted share.
Achieved record revenue for the fifth consecutive year.
Q4 revenue was $210.3 million, up 16% compared to the same period last year.
Net income for Q4 was $37.1 million, or $0.60 per diluted share.
Generated strong cash from operations, allowing investment in organic growth and debt reduction.
Photronics
Photronics
Photronics Revenue by Segment
Revenue by Segment
IC Revenue
CapyFin.comFPD Revenue
CapyFin.com Forward Guidance
For the first quarter of 2023, Photronics expects revenue to be between $203 million and $213 million and net income attributable to Photronics, Inc. shareholders to be between $0.40 and $0.48 per diluted share.
Revenue & Expenses
Visualization of income flow from segment revenue to net income