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Photronics, Inc. reported earnings results for the second quarter and six months ended April 28, 2024. For the second quarter, the company reported sales was USD 217 million compared to USD 229.31 million a year ago. Net income was USD 36.25 million compared to USD 39.93 million a year ago. Basic earnings per share from continuing operations was USD 0.59 compared to USD 0.65 a year ago. Diluted earnings per share from continuing operations was USD 0.58 compared to USD 0.65 a year ago.For the six months, sales was USD 433.33 million compared to USD 440.4 million a year ago. Net income was USD 62.43 million compared to USD 53.92 million a year ago. Basic earnings per share from continuing operations was USD 1.01 compared to USD 0.88 a year ago. Diluted earnings per share from continuing operations was USD 1 compared to USD 0.88 a year ago.
Period Ending: | Apr 28, 2024 | Jan 28, 2024 | Oct 31, 2023 | Jul 30, 2023 |
---|---|---|---|---|
Total Revenue | 217 | 216.33 | 227.47 | 224.21 |
Gross Profit | 79.25 | 79.26 | 84.88 | 86.8 |
Operating Income | 56.05 | 57.49 | 64.78 | 65.26 |
Net Income | 36.25 | 26.18 | 44.61 | 26.96 |
Period Ending: | Apr 28, 2024 | Jan 28, 2024 | Oct 31, 2023 | Jul 30, 2023 |
---|---|---|---|---|
Total Assets | 1603.45 | 1582.84 | 1526.22 | 1503.34 |
Total Liabilities | 235.42 | 235.78 | 250.61 | 251.47 |
Total Equity | 1368.03 | 1347.05 | 1275.61 | 1251.88 |
Period Ending: | Apr 28, 2024 | Jan 28, 2024 | Oct 31, 2023 | Jul 30, 2023 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | 76.49 | 41.51 | 106.62 | 85.88 |
Cash From Investing Activities | -27.23 | -42.22 | -37.31 | -1.97 |
Cash From Financing Activities | -1.86 | -2.87 | -2.09 | -1.16 |
Net Change in Cash | 30.53 | 9.45 | 50.72 | 80.94 |
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