Exhibit 99.2 PHOTRONICS, INC. Condensed Consolidated Statements of Income (in thousands, except per share amounts) (Unaudited) | | | | | Three Months Ended | | | | --- | --- | --- | --- | --- | --- | --- | | | | January 28, | | October 31, | | January 29, | | | | 2024 | | 2023 | | 2023 | | Revenue | $ | 216,334 | $ | 227,473 | $ | 211,090 | | Cost of goods sold | | 137,079 | | 142,591 | | 135,013 | | Gross Profit | | 79,255 | | 84,882 | | 76,077 | | Operating Expenses: | | | | | | | | Selling, general and a ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended October 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___ to ___ Commission file number 0-15451 PHOTRONICS, INC. (Exact name of registrant as specified in its charter) Connecticut 06-0854886 (State or other jurisdictio ...

Company Participants Operator The press release that we issued earlier this morning, together with the presentation material that accompanies our remarks, are available on the Investor Relations section of our web page. Comments made by any participants on today's call may include forward-looking statements that include such words as anticipate, believe, estimate, expect, forecast, and in our view. Frank Lee following has continued to support the sustainability of this margin level. The high operation lever ...

Continued strong operating cash flow from income generation and working capital management Crypto and consumer products 11 | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------|------------------------------------------------------------------------|--- ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUA RTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___ to ___ Commission file number 001-39063 PHOTRONICS, INC. (Exact name of registrant as specified in its charter) Connecticut 06-0854886 (State or other j ...

Richelle Burr - EVP and CAO Frank Lee - CEO John P. Jordan - EVP and CFO Christopher J. Progler - EVP and CTO, Strategic Planning Operator The press release we issued earlier this morning, together with the presentation material that accompanies our remarks, are available on the Investor Relations section of our web page. Comments made by any participants on today's call may include forward-looking statements that include such words as anticipate, believe, estimate, expect, forecast, and in our view. These ...

Q3 2023 Financial Results Conference Call September 6, 2023 Safe Harbor Statement 9/6/2023 2 -2% Q/Q +2% Y/Y PHOTRONICS, INC. PHOTRONICS, INC. PHOTRONICS, INC. PHOTRONICS, INC. $448.5M IC: -2% Q/Q, +1% Y/Y FPD: -2% Q/Q, +4% Y/Y $27.3M Short-term investments • Maintaining margins and strong cash flow as demand softens Q/Q; favorable long-term demand drivers remain • Investing in IC capacity to capitalize on market growth trends *Net income attributable to Photronics, Inc. shareholders • On pace for record ye ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUA RTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___ to ___ Commission file number 001-39063 PHOTRONICS, INC. (Exact name of registrant as specified in its charter) Connecticut 06-0854886 (State or other ...

OTRONICS, I Total Revenue ($M) 69% 460.2 72% 593.0 74% 641.1 31% 203.6 28% 231.5 26% 229.5 663.8 824.5 870.6 2021 2022 Q2 2023 LTM IC FPD Total may differ due to rounding PHOTRONICS, INC. PHOTRONICS, INC. 5/24/2023 14 IC Photomask Revenue ($M) 641.1 65% 297.2 67% 397.7 70% 452.1 35% 163.0 33% 195.3 30% 189.0 460.2 593.0 PHOTRONICS, INC. PHOTRONICS, INC. Mainstream High-End High-End: 28nm and smaller; Total may differ due to rounding 2021 2022 Q2 2023 LTM PHOTRONICS, INC. PHOTRONICS, INC. 5/24/2023 18 Non-GA ...

Okay, thanks, Richelle. ThatÂ's helpful. And then I guess my second question in terms of the demand side of things. You noted strong demand in the quarter, but as memory demand remains sluggish and mature holding up well. What are you seeing on the memory front for you guys? And maybe discuss how this is impacting your pricing dynamics as well as your margin profile? Chris Progler Hi, this is Chris. I think your question was related to particularly memory mask demand in the quarter, what the market kind of ...