SkyWater Technology (SKYT) Misses Q3 EPS by 15c
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SkyWater Technology Reports Third Quarter 2021 Results
November 2, 2021 4:05 PM EDTYear-over-Year Revenue Growth of 6%
BLOOMINGTON, Minn.--(BUSINESS WIRE)-- SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner today announced financial results for the third quarter of 2021, ended October 3, 2021.
Revenue grew 6% year-over-year to $35.0 million Net loss to shareholders of $13.9 million, or (40)% of revenue Adjusted EBITDA of $(2.7) million, or (7.7)% of revenueWe made important progress on our Radiation Hardened and Power Management platform qualifications while adding eight new Advanced Technology Services customers in the quarter, for a total of 25 in the past... More
