Photronics, Inc. reported earnings results for the first quarter ended January 28, 2024. For the first quarter, the company reported sales was USD 216.33 million compared to USD 211.09 million a year ago. Net income was USD 26.18 million compared to USD 13.99 million a year ago.

Basic earnings per share from continuing operations was USD 0.43 compared to USD 0.23 a year ago. Diluted earnings per share from continuing operations was USD 0.42 compared to USD 0.23 a year ago.