secwatch.observer — SEC 8-K summary
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Issuer:     SkyWater Technology, Inc (SKYT)
CIK:        0001819974
Form:       8-K
Filed at:   2022-08-15T23:59:59+00:00
Accession:  0001819974-22-000062
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SkyWater Q2 revenue $47.4M (+15% YoY); net loss $(0.32)/share vs $(0.20) last year
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819974/000181997422000062/0001819974-22-000062-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819974/000181997422000062/skyt-20220815.htm
  HTML page:      https://secwatch.observer/filing/0001819974-22-000062

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer