Exhibit 99.2

PHOTRONICS, INC.

Condensed Consolidated Statements of Income

(in thousands, except per share amounts)

(Unaudited)

	Three Months Ended							Nine Months Ended
	July 28, 2019			April 28, 2019		July 29, 2018		July 28, 2019		July 29, 2018
Revenue	$	138,112		$	131,580	$	136,391	$	394,404	$	390,616
Cost of goods sold		107,542			105,570		100,794		311,721		294,538
Gross profit		30,570			26,010		35,597		82,683		96,078
Operating Expenses:
Selling, general and administrative		13,124			13,269		12,504		40,186		37,891
Research and development		4,046			3,542		2,653		11,852		10,574
Total Operating Expenses		17,170			16,811		15,157		52,038		48,465
Operating income		13,400			9,199		20,440		30,645		47,613
Other income (expense), net		(348	)		3,931		1,411		4,692		637
Income before income taxes		13,052			13,130		21,851		35,337		48,250
Income tax provision		3,218			3,278		2,054		7,883		3,783
Net income		9,834			9,852		19,797		27,454		44,467
Net income attributable to noncontrolling interests		3,487			1,373		6,792		7,361		14,899
Net income attributable to Photronics, Inc. shareholders	$	6,347		$	8,479	$	13,005	$	20,093	$	29,568
Earnings per share:
Basic	$	0.10		$	0.13	$	0.19	$	0.30	$	0.43
Diluted	$	0.10		$	0.13	$	0.18	$	0.30	$	0.41
Weighted-average number of common shares outstanding:
Basic		66,313			66,261		69,374		66,386		69,141
Diluted		66,570			70,597		75,258		69,919		75,121