earnings
confidence high
sentiment neutral
materiality 0.65
SkyWater Q2 revenue $47.4M (+15% YoY); net loss $(0.32)/share vs $(0.20) last year
SkyWater Technology, Inc
2022-Q2 EPS reported
-$740000.00
revenue$95,528,000
- Total revenue $47.4M (+15% YoY); ATS revenue $29.8M (+11%), Wafer Services $17.6M (+23%).
- GAAP net loss $13.0M ($0.32 loss per share) vs $7.0M loss ($0.20) in Q2 2021.
- Adjusted EBITDA -$1.6M (3.4% negative margin) vs -$0.8M (2.0%) prior year.
- Recent wins: $1.8B Indiana fab partnership, $27M DOD Phase 1 option, $15M DOD open-source funding.
- Management confident in 2022 revenue approaching 25% annual growth target.