Exhibit 99.2

PHOTRONICS, INC.

Condensed Consolidated Statements of Income

(in thousands, except per share amounts)

(Unaudited)

	Three Months Ended							Six Months Ended
	April 28, 2024		January 28, 2024			April 30, 2023		April 28, 2024		April 30, 2023
Revenue	$	217,000	$	216,334		$	229,306	$	433,334	$	440,397
Cost of goods sold		137,749		137,079			140,904		274,828		275,918
Gross Profit		79,251		79,255			88,402		158,506		164,479
Operating Expenses:
Selling, general and administrative		18,996		18,321			17,878		37,317		34,696
Research and development		4,292		3,445			3,479		7,736		6,781
Total Operating Expenses		23,288		21,766			21,357		45,053		41,477
Other operating gain		89		-			-		89		-
Operating Income		56,052		57,489			67,045		113,542		123,002
Non-operating (loss) income, net		20,534		(3,747	)		13,571		16,786		(854	)
Income Before Income Tax Provision		76,586		53,742			80,616		130,328		122,148
Income tax provision		20,214		14,660			21,343		34,874		33,925
Net Income		56,372		39,082			59,273		95,454		88,223
Net income attributable to noncontrolling interests		20,121		12,902			19,344		33,023		34,308
Net income attributable to Photronics, Inc. shareholders	$	36,251	$	26,180		$	39,929	$	62,431	$	53,915
Earnings per share:
Basic	$	0.59	$	0.43		$	0.65	$	1.01	$	0.88
Diluted	$	0.58	$	0.42		$	0.65	$	1.00	$	0.88
Weighted-average number of common shares outstanding:
Basic		61,771		61,455			61,138		61,613		61,016
Diluted		62,409		62,283			61,507		62,346		61,489