SkyWater Technology

Skywater Technology, Inc. is a holding company, which engages in the provision of semiconductor development, manufacturing services, and packaging services. The company was founded on October 3, 2016 and is headquartered in Bloomington, MN.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q1 2022

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Earnings data Q4 2022

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SkyWater Technology achieves record Q4 revenues and eyes 25% annual growth

SkyWater Technology reported a strong finish to 2022 with record revenues and expects continued growth in 2023 driven by established programs and strategic partnerships. The company's focus on efficiency gains, automation, and modernization supports positive EBITDA growth and balance sheet strengthening.

SkyWater Technology posts record revenue and aims for strong growth

SkyWater Technology reports strong Q1 2023 earnings with record revenue and exceeding gross margin performance. The company's strategic positioning, focus on efficiency gains, and optimism towards CHIPS funding highlight growth potential. Challenges include balancing demand across segments and addressing weaknesses in consumer-side demand.

SkyWater Technology (SKYT) achieves record revenues and targets strong growth

SkyWater Technology (SKYT) delivered robust financial performance in Q2 2023, driven by record revenues and strong gross margins. Despite supply chain challenges, the company remains focused on innovation, efficiency gains, and capturing growth opportunities. With a strategic focus on key markets and technology-as-a-service model, SkyWater is well-positioned for long-term growth and profitability.

SkyWater Technology reports record Q3 revenues, eyes growth opportunities

SkyWater Technology's Q3 performance reflects strong revenue growth and operational improvements. The company's focus on technological advancements and strategic partnerships positions it well for future growth. Challenges include maintaining revenue stream balance and ensuring transformation investments yield desired outcomes.

SkyWater Technology reports record Q4 revenues and aims for profitability in 2024

SkyWater Technology's Q4 performance showed revenue growth and a focus on profitability. While facing challenges in the Wafer Services segment, the company is leveraging strengths in aerospace, defense, and bio health applications for future growth. Opportunities lie in ATS development revenue growth and business transformation.

SkyWater Technology reports record revenue, eyes margin expansion ahead

SkyWater Technology (SKYT) had a strong quarter with record revenue, but faced challenges with profitability due to additional costs. Despite this, the company's unique value proposition and focus on innovation present opportunities for growth and margin expansion.

SkyWater Technology (SKYT) reports record revenue and positive EPS, eyes growth

SkyWater Technology (SKYT) delivered a strong performance in Q2 2024, achieving record revenue and positive EPS. The company's strengths lie in securing funding, stable revenue expectations, and forecasted growth. Challenges include meeting profitability targets, while opportunities exist in advancing programs and meeting customer demand.

SkyWater Technology reports record Q3 earnings and eyes strong 2025 growth

SkyWater Technology's Q3 2024 performance reflects robust revenue and margin growth, with strategic agreements and project selections enhancing its market position. While challenges in scaling the advanced packaging business exist, the company is poised for significant revenue growth in 2025, particularly in A&D and advanced packaging.

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Skywater Technology, Inc. is a holding company. It engages in the provision of semiconductor development, manufacturing services, and packaging services. The company was founded on October 3, 2016 and is headquartered in Bloomington, MN.

The dog days of summer took a bite out of this semiconductor manufacturer, but now it's biting back.

Why Shares of SkyWater Technology Are Taking Off Today

The shares of SkyWater Technology (NASDAQ: SKYT) increased by over 10% pre-market. This is why it happened.

SkyWater Technology Shares Increase Over 10% Pre-Market: Why It Happened

Rockley Photonics Holdings Ltd

BLOOMINGTON, Minn. & OXFORD, United Kingdom & PASADENA, Calif.--(BUSINESS WIRE)--SkyWater and Rockley Photonics Expand Relationship to Enable Wafer Back-End-Of-Line Processing for Wearable Health Sensors

SkyWater and Rockley Photonics Expand Relationship to Enable Wafer Back-End-Of-Line Processing for Wearable Health Sensors

SkyWater Technology, Inc. (SKYT) CEO Thomas Sonderman on Q2 2021 Results - Earnings Call Transcript

BLOOMINGTON, Minn.--(BUSINESS WIRE)---- $SKYT--SkyWater Technology Reports Second Quarter 2021 Results with Year-over-Year Net Sales Growth of 34%.

SkyWater Technology Reports Second Quarter 2021 Results

Following a very successful IPO earlier this year, shares of SkyWater Technology sold off on perceived weak preliminary Q2 numbers. Adjusted for outsized Q1 tooling revenue contributions, sequential revenue growth of up to 20% looks decent.

SkyWater Technology - Market Participants' Misconceptions Behind Both The Recent Rally And Tuesday's Selloff - Buy

The semiconductor company reported disappointing preliminary results but is preparing to invest in manufacturing capacity.

Why SkyWater Technology Stock Got Destroyed Today

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater to Invest $56 Million in Capacity Expansion and GaN Technology, Announces Selected Preliminary 2021 Second Quarter Financial Results

SkyWater Technology to Strategically Invest $56 Million in Capacity Expansion and Gallium Nitride Technology

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology to Webcast Second Quarter Fiscal 2021 Financial Results

SkyWater Technology to Webcast Second Quarter Fiscal 2021 Financial Results

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater launches MPW Shuttle for 90 nm Strategic Rad-Hard by Process, Presents webinar at NSREC on July 19th

SkyWater Successfully Launches MPW Shuttle for 90 nm Strategic Rad-Hard by Process Platform

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology Set to Join Russell 3000® Index

SkyWater Technology Set to Join Russell 3000® Index

COLORADO SPRINGS, Colo. & BLOOMINGTON, Minn.--(BUSINESS WIRE)--CAES and SkyWater sign agreement to expand US Strategic RadHard platform; advances an on-shore, Trusted ecosystem for the semiconductor supply chain.

CAES and SkyWater to Expand US Strategic Radiation Hardened Semiconductor Platform

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner and only U.S. investor-owned, pure-play foundry, today applauded the U.S. Senate on its overwhelming bipartisan passage of the U.S. Innovation and Competition Act. The developing piece of legislation is expected to provide $52 billion to fund semiconductor research, design, and manufacturing initiatives. Additionally, the Biden Administration's intense, thorough 100-day review stu

SkyWater Applauds Senate Action and the White House 100-Day Supply Chain Review Report

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced the appointment of Ms. Amanda Daniel as the company's first Chief Human Resources Officer (CHRO). SkyWater's growth strategy depends on attracting and retaining top talent. Amanda has a proven track record of working in complex high-tech organizations, driving all aspects of human resource strategy and execution. In the CHRO role at SkyWater, she will craft talent

SkyWater Appoints Amanda Daniel as Chief Human Resources Officer

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater names Gregg Damminga as its first Fellow, the highest technical title awarded by the company.

SkyWater Names Gregg Damminga as Company's First Fellow

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater hosts Sen. Klobuchar and Rep. Phillips at its Bloomington, Minnesota facility to discuss efforts to boost domestic chip manufacturing.

SkyWater Hosts Senator Amy Klobuchar and Representative Dean Phillips

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology to Participate in the Cowen Technology, Media & Telecom Conference

SkyWater Technology to Participate in the Cowen Technology, Media & Telecom Conference

SAN JOSE, Calif. & BLOOMINGTON, Minn.--(BUSINESS WIRE)--Efabless launches chipIgnite with SkyWater to bring chip design and fabrication to the masses.

Efabless Launches chipIgnite With SkyWater To Bring Chip Creation to the Masses

SkyWater Technology's (SKYT) CEO Thomas Sonderman on Q1 2021 Results - Earnings Call Transcript

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology Reports First Quarter 2021 Results, Record Net Sales of $48 Million

SkyWater Technology Reports First Quarter 2021 Results

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater's CEO and CFO will participate in the 16th Annual Needham Virtual Technology & Media Conference on Thursday, May 20, 2021.

SkyWater Technology to Participate in the Needham Virtual Technology & Media Conference

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology announced that it will report first quarter financial results following the close of the market on Tuesday, May 18, 2021.

SkyWater Technology to Webcast First Quarter Fiscal 2021 Financial Results

SkyWater Technologies has seen a splashing public debut. Chips shortages and a US ''status'' should drive near-term growth, as the question is how much.

SkyWater Technologies - Some Triggers And Questions At The Same Time

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology Completes $112,056,000 Initial Public Offering

SkyWater Technology Completes $112,056,000 Initial Public Offering

SkyWater Technology Inc. received a nice reception on Wall Street, as the Minnesota-based semiconductor manufacturing services company's stock opened 10.7% above the initial public offering price, then added to gains. The company said overnight that it's IPO, which was upsized to 6.96 million shares from 5.8 million shares, priced at $14 a share, at the top of the expected range, as $97.44 million was raised.

News for SkyWater Technology Stock (SKYT)