SkyTechnology Q3 revenue $35M (+6% YoY); net loss widens to $13.9M

SkyWater Technology, Inc

2021-Q3 EPS reported -$0.94 revenue$124,315,000

GAAP net loss of $13.9M ($0.36 loss per share) vs. $1.7M loss in Q3 2020.
Adjusted EBITDA of $(2.7)M (negative 7.7% margin) vs. $5.3M positive in prior year.
Wafer Services revenue $12.7M (+44% YoY) driven by 60% higher wafer output.
Delayed revenue of ~$15M from ATS and Wafer Services programs into Q4 2021 and 2022 due to supply chain and gov't funding delays.
Signed new ATS agreements including Carillon (HOBS chips) and Weebit Nano (ReRAM); eight new ATS programs won in the quarter.

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