SkyWater Technology, Inc. (SKYT)
| Market Cap | 408.16M |
| Revenue (ttm) | 300.22M |
| Net Income (ttm) | -32.21M |
| Shares Out | 47.35M |
| EPS (ttm) | -0.70 |
| PE Ratio | n/a |
| Forward PE | 2,137.25 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 83,850 |
| Open | 8.67 |
| Previous Close | 8.67 |
| Day's Range | 8.62 - 8.82 |
| 52-Week Range | 4.73 - 12.97 |
| Beta | 4.19 |
| Analysts | Strong Buy |
| Price Target | 13.25 (+53.0%) |
| Earnings Date | May 8, 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, SKYT'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 $13.25, which is an increase of 53.00% from the latest price.
News
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 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...
SkyWater Technology Reports Fourth Quarter and Full Fiscal Year 2023 Results
BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology, Inc. (NASDAQ: SKYT), the trusted technology realization partner, today announced financial results for the fourth quarter and full fiscal year...
SkyWater Signs Production Agreement with Nautilus Biotechnology to Fabricate Novel Biomedical Devices
BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced it has signed a production agreement with Nautilus Biotechnology, I...
SkyWater Technology to Announce Fourth Quarter Financial Results on February 26, 2024
BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced that it intends to report fourth quarter fiscal 2023 financial resu...
SkyWater Florida and Deca Technologies Announce $120M DOD Award to Expand Advanced Packaging Capabilities in Osceola County, Florida
KISSIMMEE, Fla.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, and Deca Technologies (Deca), a leading provider of advanced electronic interconnect t...
SkyWater Technology Announces Participation in 26th Annual Needham Growth Conference
BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced that management is scheduled to participate in the 26th Annual Need...
SkyWater Submits Application for U.S. CHIPS and Science Act Funding to Modernize Equipment and Enhance Production at its Minnesota Facility
BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced it has submitted a full application to the CHIPS Program Office of ...
SkyWater Technology Announces Participation in 12th Annual NYC Summit
BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced management's participation in the 12th Annual NYC Summit, being hel...
SkyWater Technology Reports Third Quarter 2023 Results
BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology, Inc. (NASDAQ: SKYT), the trusted technology realization partner, today announced financial results for the third quarter of 2023, ended Octobe...
SkyWater Announces Availability of Cadence Open-Source PDK and Reference Design for SkyWater's 130 nm Process
BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology, (Nasdaq: SKYT), the trusted technology realization partner today announced a new SkyWater open-source 130 nm process design kit (PDK) from Cad...
SkyWater Technology to Announce Third Quarter Financial Results on November 8, 2023
BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced that it intends to report third quarter fiscal 2023 financial resul...
SkyWater Appoints John Sakamoto as President and Chief Operating Officer
BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, announced that John Sakamoto will be joining the company as president and chief ope...
SkyWater Installs Atomic Layer Deposition System for Development and Production of Advanced Technologies
BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced it will offer customers a new semiconductor processing tool for ato...
SkyWater Announces Appointment of Retired U.S. Army General Edward M. Daly to its Board of Directors
BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced the appointment of General (U.S. Army retired) Edward M. Daly to it...
SkyWater Technology to Participate in Jefferies Semiconductor, IT Hardware & Communications Technology Summit
BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced its participation in the annual Jefferies semiconductor conference ...
SkyWater Technology Reports Second Quarter 2023 Results
BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced financial results for the second quarter of 2023, ended July 2, 202...
SkyWater Florida and BRIDG Announce Installation of Nordson's Leading C-SAM System to Enhance Metrology Capabilities at the Center for Neovation
OSCEOLA COUNTY, Fla.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner and BRIDG, a not-for-profit, public-private-partnership for the fabrication of mic...
Paul Sura to lead Technology and Manufacturing Operations at SkyWater
BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced Paul Sura has joined the company as executive vice president to lea...
SkyWater Technology to Announce Second Quarter Financial Results on August 7, 2023
BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced that it intends to report second quarter fiscal 2023 financial resu...
SkyWater CEO Thomas Sonderman to Deliver Keynote at SEMICON West
BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced its President and CEO, Thomas Sonderman will provide a keynote at S...