SkyWater Technology, Inc. (SKYT)
Market Cap | 655.27M |
Revenue (ttm) | 345.94M |
Net Income (ttm) | -16.44M |
Shares Out | 47.66M |
EPS (ttm) | -0.35 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 1,777,002 |
Open | 12.05 |
Previous Close | 12.44 |
Day's Range | 12.01 - 14.66 |
52-Week Range | 5.63 - 19.00 |
Beta | 3.72 |
Analysts | Strong Buy |
Price Target | 12.75 (-7.27%) |
Earnings Date | Nov 7, 2024 |
About SKYT
SkyWater Technology, Inc., together with its subsidiaries, operates as a pure-play technology foundry that engages in the provision of semiconductor development, manufacturing, and packaging services in the United States. The company offers engineering and process development support services to co-create technologies with customers; and semiconductor manufacturing services for various silicon-based analog and mixed-signal, micro-electromechanical systems, and rad-hard integrated circuits. It serves customers operating in the computation, aeros... [Read more]
Financial Performance
In 2023, SkyWater Technology's revenue was $286.68 million, an increase of 34.63% compared to the previous year's $212.94 million. Losses were -$30.76 million, -22.32% less than in 2022.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for SKYT stock is "Strong Buy." The 12-month stock price forecast is $12.75, which is a decrease of -7.27% from the latest price.
News
SkyWater Announces Proposed CHIPS Funding to Enhance Domestic Semiconductor Production and Capabilities
BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, announced that it has signed a preliminary memorandum of terms (PMT) valued at up t...
SkyWater Technology Enhances Financial Flexibility with Amended Loan and Security Agreement
BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced the execution of an amendment to its Loan and Security Agreement wi...
Quantum-Si Expands Collaboration with SkyWater to Develop New Chip Production Process Critical for Groundbreaking New Proteomics Platform
BRANFORD, Conn. & BLOOMINGTON, Minn.--(BUSINESS WIRE)--Quantum-Si Incorporated (Nasdaq: QSI) (“Quantum-Si,” “QSI” or the “Company”), The Protein Sequencing Company™ and SkyWaterTechnology (NASDAQ: SKY...
SkyWater Announces Participation in 13th Annual NYC Summit
BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced that it will be joining 17 other companies in collectively hosting ...
SkyWater Technology: Cautious As Performance Remains Inconsistent
SkyWater Technology, Inc. shows impressive topline growth, but growth remains inconsistent, and real profitability is still elusive. The company's valuation is modest, trading at just over 1 times sal...
SkyWater Technology, Inc. (SKYT) Q3 2024 Earnings Call Transcript
SkyWater Technology, Inc. (NASDAQ:SKYT) Q3 2024 Earnings Conference Call November 7, 2024 4:30 PM ET Company Participants Tom Sonderman - President & CEO Steve Manko - CFO Claire McAdams - IR Confere...
SkyWater Technology Reports Third Quarter 2024 Results
BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology, Inc. (NASDAQ: SKYT), the trusted technology realization partner, today announced financial results for the third quarter 2024 ended September ...
SkyWater Technology to Announce Third Quarter Financial Results on November 7, 2024
BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced that it will report its fiscal third quarter 2024 financial results...
SkyWater Names Bassel Haddad as Sr. Vice President and General Manager of Advanced Packaging
BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced the appointment of Bassel Haddad as senior vice president and gener...
SkyWater Announces Participation in Upcoming Investor Conferences
BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced that company management is scheduled to participate in three invest...
SkyWater Technology: Impressive Top-Line Results
SkyWater Technology, Inc. shares surged in response to strong second quarter results, as the company has reached break-even levels. The company is on track to become profitable and expects to maintain...
SkyWater Technology, Inc. (SKYT) Q2 2024 Earnings Call Transcript
SkyWater Technology, Inc. (NASDAQ:SKYT) Q2 2024 Earnings Conference Call August 7, 2024 4:30 PM ET Company Participants Claire McAdams - IR Thomas Sonderman - CEO Steve Manko - CFO Conference Call Pa...
SkyWater Technology Reports Second Quarter 2024 Results
BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology, Inc. (NASDAQ: SKYT), the trusted technology realization partner, today announced financial results for the second quarter 2024 ended June 30, ...
SkyWater Announces Enhanced Capabilities with Multibeam's First in Industry High Productivity Multicolumn E-Beam Lithography System
BLOOMINGTON, Minn. & SANTA CLARA, Calif.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT) announced today that it has received from Multibeam Corp., a first-of-a-kind Multicolumn E-Beam Lithograph...
Travel Confidently with Flygreen Amid Industry Challenges
MONTREAL--(BUSINESS WIRE)--As uncertainty and disruptions continue to impact Canadian travellers, Flygreen, a Montreal-based private aviation charter company, offers reliable and seamless performance....
SkyWater Foundation Grants $100,000 in Scholarships to Support Students Pursuing Higher Education and Technical Skills for Success in U.S. Workforce
BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, is pleased to announce the selection of 10 recipients by Scholarship America to rec...
SkyWater Technology to Announce Second Quarter Financial Results on August 7, 2024
BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced that it will report its fiscal second quarter 2024 financial result...
SkyWater Announces Participation in 16th Annual CEO Investor Summit
BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced management's participation in the 16th Annual CEO Investor Summit, ...
SkyWater Florida Achieves DMEA Category 1A Trusted Supplier Accreditation
KISSIMMEE, Florida--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced that its advanced packaging operation in Florida has been accredite...
SkyWater Technology, Inc. (SKYT) Q1 2024 Earnings Call Transcript
SkyWater Technology, Inc. (NASDAQ:SKYT) Q1 2024 Earnings Conference Call May 8, 2024 4:30 PM ET Company Participants Claire McAdams - IR Thomas Sonderman - President & CEO Steve Manko - CFO Conferenc...
SkyWater Technology Reports First Quarter 2024 Results
BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology, Inc. (NASDAQ: SKYT), the trusted technology realization partner, today announced financial results for the first quarter 2024 ended March 31, ...
SkyWater and Lumotive Announce Qualification and Production Start for World's First Commercially Available Optical Beamforming Chip
BLOOMINGTON, Minn. & REDMOND, Wash.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, and Lumotive, a pioneer in optical semiconductor technology for 3D...
SkyWater Technology Is Lowering Barriers To Advanced Chip Packaging
The last time I wrote about SkyWater Technology, I described them as a pure-play semiconductor foundry that was great at taking on small projects that required customized processing steps, the type of...
SkyWater Technology to Announce First Quarter Financial Results on May 8th, 2024
BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced that it intends to report its fiscal first quarter 2024 financial r...
SkyWater Expands Board of Directors with Appointment of Dennis Goetz and Joseph Humke
BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced the appointment of two accomplished professionals to its board of d...