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Photronics Inc   (PLAB)
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    Sector  Technology    Industry Semiconductors
   Industry Semiconductors
   Sector  Technology


 

Photronics Inc

PLAB's Financial Statements and Analysis



Photronics Inc reported in the first quarter of 2024 net earnings per share of $0.42 an increase by 82.61 % year on year from $0.23 and decline of -40.93 % from $0.71 earned in IV. Quarter (Oct 31 2023).


first quarter of 2024
Earnings Per Share Revenues
$ 0.42 $  216 Mill
$+0.19     +82.61 % $+5M     +2.45 %



Photronics Inc 's Revenue rose by 2.45 % in first quarter of 2024 (Jan 28 2024) year on year, to $216 million and declined by -4.72 % sequentially.


Photronics Inc is

More on PLAB's Income Statement



Photronics Inc 's net income of $39.082 million in the first quarter of 2024 increased by 35 % from net earnings of $28.950 million achieved in I. Quarter a year ago.

Sequentially net earnings fell by -38.12 % from net income of $63.156 million realized in previous quarter.

More on PLAB's Growth

Photronics Inc Inventories
Inventories declined by -4.01 % to $50.68 million from I. Quarter a year ago, sequentially inventories rose by 1.44 %. PLAB's Cash flow In the first quarter of 2024 company's net cash flow was $9 million, capital expenditures fell by -31.09739.29%, to $-43 millions compare to same quarter a year ago

More on PLAB's Cash flow Statement


Photronics Inc does not pay out common stock dividend.

In trailing twelve-month period Photronics Inc earned $ 5.07 cash per share, on a free-cash flow basis 228.54 % of net earning per share.

Book value grew by 4.81 % sequentially to $21.63 per share, 107.49% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 21.63 per share from $ 20.64.

Company issued 0.47 million shares or 0.76 % in Jan 28 2024.
Interest Coverage Ratio was 4341.86. Debt Coverage Ratio was 10.95.

More on PLAB's Dividends

 Market Capitalization (Millions) 1,736
 Shares Outstanding (Millions) 62
 Total Debt (Millions $) 23
 Revenue (TTM) (Millions $) 896
 Net Income (TTM) (Millions $) 210
 Cash Flow (TTM) (Millions $) 174
 Capital Exp. (TTM) (Millions $) -144
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 1,475




Photronics Inc does not pay out common stock dividend.

In trailing twelve-month period Photronics Inc had $ 5.07 cash flow per share, on a free-cash flow basis 228.54 % of net earning per share.

Book value grew by 4.81 % sequentially to $21.63 per share, 107.49% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 21.63 per share from $ 20.64.

Company issued 0.47 million shares or 0.76 % in Jan 28 2024.
Interest Coverage Ratio was 4341.86. Debt Coverage Ratio was 10.95.

More on PLAB's Balance Sheets

 Market Capitalization (Millions) 1,736
 Shares Outstanding (Millions) 62
 Total Debt (Millions $) 23
 Revenue (TTM) (Millions $) 896
 Net Income (TTM) (Millions $) 210
 Cash Flow (TTM) (Millions $) 174
 Capital Exp. (TTM) (Millions $) -144
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 1,475
   


  News about Photronics Inc Earnings

Photronics Inc. Reports Discreet 2.447% Revenue Growth in Fiscal Period Ending January 28, 2024

PLAB, or Photronics Inc, has experienced remarkable earnings growth despite a slow increase in revenue during the financial period ending January 28, 2024. The company reported an 82.61% increase in income per share, reaching $0.42 per share. However, revenue only grew moderately by 2.447%, amounting to $216.26 million compared to the previous year's financial report.
In comparison to the previous financial reporting period, PLAB saw a significant decline in profit, which plummeted by -40.93% from $0.71 per share. Additionally, revenue decreased by -4.719% from $226.97 million. Despite these setbacks, PLAB achieved a bottom-line of $39.082 million in the fiscal first quarter of 2024, reflecting a 35% inc...

Photronics Inc Sees Double Digit Earnings per Share Surge by 17.75% during Fiscal Year Ending October 31, 2023 Photronics Inc Outperforms Competitors with Impressive Financial Results for full FY 2023

Photronics, Inc., a renowned leader in photomask technologies and solutions, has recently released its financial results for the full year and fourth quarter of fiscal year 2023, and the numbers are impressive. The company has experienced tremendous growth and has outperformed its competitors in the semiconductor sector.
In the financial time-frame ending October 31, 2023, Photronics, Inc. witnessed a significant increase in revenue. The revenue rose by an impressive 7.942%, reaching $226.97 million compared to $210.27 million in the previous year. Furthermore, the company recorded a remarkable income rise of 17.75%, with earnings per share soaring to $0.71 from $0.60 in the prior year reporting period.<...

Photronics Inc Faces Significant Downturn with -13.73% Drop in Income per Share in May to July 30, 2023



Photronics Inc, a prominent player in the Semiconductors industry, recorded a decrease in its income and revenue during the May to July 30, 2023 time-frame, despite a modest revenue elevation of 1.752%. While the company witnessed a commendable performance in the third quarter of 2023, it stands in contrast to the challenging situation faced by many entities in the same industry, grappling with receding transactions and declining top-line. This article aims to delve into the financial performance of Photronics Inc during this period, highlighting key factors contributing to its bearish stance.
Income Reduction and Revenue Decline:
Photronics Inc experienced a notable income reduction of -13...

Photronics Inc Reports Remarkable 44.44% Income per Share Increase in Q2 2023 Earnings Season, with Revenue Surging 12.125%

In recent news, Photronics Inc reported a significant increase in profitability for the second quarter of the 2023 earnings season. The report showed a surge of 44.44% in profit per share, reaching a value of $0.65 per share. This is in addition to a revenue increment of 12.125%, reaching $229.31 million, compared with the prior year's figures.
The growth in profitability for Photronics exceeds that of the preceding financial period as well. Earnings per share have elevated by over 180%, from $0.23 per share, and revenue saw an increase of 8.629%, from $211.09 million. The net income of the company for the second quarter of 2023 earnings season also had a dramatic surge, increasing by 37.75% from the net...


Date modified: 2024-03-08T14:01:17+00:00





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