PLAB Earnings Prediction
The chart below shows how PLAB performed 10 days before and after its earnings report, based on data from the past quarters. Typically, PLAB sees a +2.59% change in stock price 10 days leading up to the earnings, and a +0.17% change 10 days following the report. On the earnings day itself, the stock moves by -0.30%. This data can give you a slight idea of what to expect for the next quarter's release.
PLAB Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
212.14M
-1.94%
-4.71%
Gross Margin
35.61%
-2.81%
-3.68%
Operating Margin
24.60%
-7.41%
-1.91%
Net Margin
27.46%
51.96%
51.96%
EPS
0.68
61.90%
25.93%
No Data Available
PLAB Earnings Analysis
Photronics Inc Corporation (PLAB.O) Earnings Conference Call
Positive
First Quarter Sales Performance: First quarter sales of $212 million were in-line with expectations and normal seasonal trends.
Strong Financial Performance: Non-GAAP diluted EPS of $0.52 was above the high end of guidance, indicating strong financial performance.
Cash Flow Generation: Strong cash flow generation with $78 million in operating cash flow, representing 37% of total revenue.
High-End IC Revenue Growth: High-end IC business increased to 39% of total IC revenue, demonstrating a successful shift towards higher-margin products.
Stable FPD Revenue: FPD revenue remained stable at $58 million, showcasing resilience in a challenging market environment.
Strong Operating Margin Performance: Operating margin of 25% was at the high end of guidance, reflecting effective cost management and operational efficiency.
Cash Position and Flexibility: Total cash at the end of the quarter was $642 million, providing financial flexibility for future investments.
CapEx Commitment for Expansion: Commitment to a $200 million CapEx plan in 2025 to support capacity expansion and customer opportunities.
Negative
IC Revenue Decline: IC revenue declined 2% year-over-year due to weakness in Asia and Europe, particularly at older nodes.
Revenue Decline Analysis: Total revenue declined 5% sequentially, led by a 6% decline in IC revenue quarter-over-quarter.
Weak European Sales Outlook: Sales from European facilities were weaker than anticipated, and this situation is expected to continue.
IC Revenue Decline: Mainstream IC revenue declined 9%, reflecting overall softness in the semiconductor industry.
IC Business Decline: Despite an increase in high-end business, the overall IC business out of Asia and the U.S. declined sequentially due to typical seasonality.
Operating Margin Performance: Operating margin was at the high end of guidance, but gross margins declined slightly to 36% due to lower sales volumes.
Product Demand Variability: Demand for products is inherently uneven and difficult to predict, with limited visibility and a typical backlog of one to three weeks.
Market Caution for 2025: Current market conditions and Q2 outlook have led to increased caution about 2025.
Second Quarter Revenue Guidance: Expectations for second quarter revenue are lower than first quarter results, with guidance of $208 million to $216 million.
PLAB FAQs
How does PLAB typically perform around its earnings report dates?
Is Photronics Inc (PLAB) Q1 2025 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
PLAB Earning Call Sentiment
Photronics, Inc. (PLAB) Q1 2025 Earnings Call Transcript
PLAB.O
1.21%Positive
The earnings call presents mixed signals: while EPS exceeded guidance and operating margins were strong, revenue declined 5% sequentially, and there is uncertainty in market visibility and competitive pressures, especially in China. The Q&A highlighted concerns about weak demand in automotive and industrial sectors, and management's cautious outlook. However, the company's strong cash position and strategic investments in capacity expansion offer some positive aspects. Considering the company's market cap and the mixed sentiment, the stock price is likely to remain neutral over the next two weeks.
