- Photronics press release ( NASDAQ: PLAB ): Q1 Non-GAAP EPS of $0.40 in-line.
- Revenue of $211.1M (+11.2% Y/Y) beats by $10.1M .
- Cash generated from operating activities was $28M, and cash invested in growth through capital expenditures was $31M.
- Second Quarter 2023 Guidance: For the second quarter of 2023, Photronics expects revenue to be between $205 million and $215 million vs. consensus of $214.00M and net income attributable to Photronics, Inc. shareholders to be between $0.38 and $0.48 per diluted share vs. consensus of $0.47.
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Photronics reports Q1 earnings; initiates Q2 guidance