NASDAQ$PLAB
Photronics Inc · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Photronics achieved record revenue for the sixth consecutive quarter, driven by strong end market demand and favorable pricing.
Photronics reported record revenue for Q3 2022, driven by strong end market demand and favorable pricing dynamics. The company's net income also increased compared to the previous quarter and the same period last year. Photronics is expanding capacity and growing volumes while controlling costs and capitalizing on operating leverage to deliver higher margins. The company expects revenue to be between $205 million and $215 million and net income attributable to Photronics, Inc. shareholders to be between $0.44 and $0.52 per diluted share for the fourth quarter of 2022.
- Photronics achieved its sixth consecutive quarter of record revenue.
- Q3 2022 revenue was $219.9 million, up 29% compared to the same period last year.
- Net income attributable to Photronics, Inc. shareholders was $31.2 million ($0.51 per diluted share).
- Cash balance increased to $381 million, with $93 million generated from operating activities.
Headline financials
Revenue & EPS history
Photronics · Revenue · Quarterly
$220M
Revenue by segment
Photronics · $220M total across 2 segments · Q3 2022
- IC$161M+36.9%73.3%
- FPD$58.7M+11.0%26.7%
Forward guidance
For the fourth quarter of 2022, Photronics expects revenue to be between $205 million and $215 million and net income attributable to Photronics, Inc. shareholders to be between $0.44 and $0.52 per diluted share.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q3 2022
+2.1%
Avg return
Earnings day
+1.5%
Avg return
5 days after
+1.8%
Avg return
30 days after
62%
41 / 66 earnings
Positive
+45.4%
Q4 2025
Best reaction
-22.8%
Q3 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | — | — | — | |
| Q1 2026 | +11.6% | +1.2% | +31.7% | |
| Q4 2025 | +45.4% | +43.1% | +29.7% | |
| Q3 2025 | +7.6% | +1.8% | +4.3% | |
| Q2 2025 | -15.5% | -14.7% | -6.6% | |
| Q1 2025 | +2.0% | -3.9% | -0.5% | |
| Q4 2024 | +3.8% | +4.7% | -7.1% | |
| Q3 2024 | +7.4% | -1.1% | +3.0% | |
| Q2 2024 | -8.9% | -6.7% | -11.7% | |
| Q1 2024 | -14.3% | -9.2% | -7.8% | |
| Q4 2023 | +34.5% | +34.6% | +34.0% | |
| Q3 2023 | -12.3% | -14.6% | -12.0% | |
| Q2 2023 | +17.7% | +23.4% | +33.9% | |
| Q1 2023 | -9.0% | -1.8% | -8.3% | |
| Q4 2022 | -6.8% | -6.8% | -1.1% | |
| Q3 2022 | -22.8% | -29.4% | -31.4% | |
| Q2 2022 | +33.4% | +40.8% | +35.2% | |
| Q1 2022 | +2.4% | -0.8% | -1.1% | |
| Q4 2021 | +23.8% | +15.5% | +30.5% | |
| Q3 2021 | +4.3% | +7.7% | +3.6% | |
| Q2 2021 | +3.1% | +2.9% | +2.5% | |
| Q1 2021 | -6.6% | -6.0% | -2.6% | |
| Q4 2020 | -15.9% | -15.7% | -13.2% | |
| Q3 2020 | -5.9% | -9.0% | -11.3% | |
| Q2 2020 | -12.9% | -11.6% | -19.1% | |
| Q1 2020 | +2.9% | -3.5% | -23.3% | |
| Q4 2019 | +29.5% | +24.1% | +20.4% | |
| Q3 2019 | +4.4% | +1.1% | +17.2% | |
| Q2 2019 | -1.3% | -2.5% | -3.2% | |
| Q1 2019 | -8.1% | -12.3% | -20.1% | |
| Q4 2018 | +4.6% | +3.1% | +9.4% | |
| Q3 2018 | +15.1% | +20.1% | +10.6% | |
| Q2 2018 | +7.7% | +9.5% | +0.0% | |
| Q1 2018 | +3.8% | -0.6% | +16.7% | |
| Q4 2017 | +3.2% | -1.6% | -8.8% | |
| Q3 2017 | -17.4% | -20.5% | -16.3% | |
| Q2 2017 | -9.5% | -12.1% | -13.9% | |
| Q1 2017 | -0.9% | -0.4% | -1.8% | |
| Q4 2016 | +7.7% | +17.9% | +13.8% | |
| Q3 2016 | -10.7% | -8.2% | -3.7% | |
| Q2 2016 | -8.4% | — | — | |
| Q1 2016 | +3.4% | — | — | |
| Q4 2015 | +5.1% | — | — | |
| Q3 2015 | +7.6% | — | — | |
| Q2 2015 | +3.4% | — | — | |
| Q1 2015 | +0.8% | — | — | |
| Q4 2014 | -0.3% | — | — | |
| Q3 2014 | +1.3% | — | — | |
| Q2 2014 | -1.0% | — | — | |
| Q1 2014 | -5.6% | — | — | |
| Q4 2013 | +8.4% | — | — | |
| Q3 2013 | +3.7% | — | — | |
| Q2 2013 | -3.3% | — | — | |
| Q1 2013 | +1.6% | — | — | |
| Q4 2012 | +8.3% | — | — | |
| Q3 2012 | +6.9% | — | — | |
| Q2 2012 | -2.1% | — | — | |
| Q1 2011 | +4.5% | — | — | |
| Q1 2012 | -2.3% | — | — | |
| Q4 2011 | +1.2% | — | — | |
| Q2 2011 | +1.2% | — | — | |
| Q4 2009 | +1.2% | — | — | |
| Q3 2011 | +2.0% | — | — | |
| Q3 2010 | +2.0% | — | — | |
| Q4 2010 | +2.0% | — | — | |
| Q2 2010 | +5.9% | — | — | |
| Q1 2010 | -3.1% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro