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Photronics(PLAB) - 2025 Q1 - Earnings Call Presentation

Financial Performance (FQ1 2025) - Revenue was $212.1 million, a decrease of 2% year-over-year and 5% quarter-over-quarter[5] - Operating margin was 24.6%, a decrease of 200 basis points year-over-year and 50 basis points quarter-over-quarter[5] - Diluted EPS was $0.68, an increase of 62% year-over-year and 26% quarter-over-quarter[5] - Non-GAAP Diluted EPS was $0.52, an increase of 8% year-over-year and a decrease of 12% quarter-over-quarter[5] - Operating cash flow was $78.5 million, an increase of 89% year-over-year and 15% quarter-over-quarter[5] - Cash and short-term investments totaled $642.2 million, an increase of 23% year-over-year and 0% quarter-over-quarter[5] Revenue by Product Line (FQ1 2025) - IC High-End revenue was $60.1 million, a decrease of 1% year-over-year and 0% quarter-over-quarter[9] - IC Mainstream revenue was $93.9 million, a decrease of 3% year-over-year and 9% quarter-over-quarter[9] - FPD High-End revenue was $49.7 million, a decrease of 2% year-over-year and an increase of 3% quarter-over-quarter[10] - FPD Mainstream revenue was $8.5 million, an increase of 5% year-over-year and a decrease of 19% quarter-over-quarter[10] Guidance (FQ2 2025) - Revenue is expected to be between $208 million and $216 million[14] - Operating margin is expected to be between 23% and 25%[14] - Diluted non-GAAP EPS is expected to be between $0.44 and $0.50[14] - Full-year Capex is expected to be approximately $200 million[14]