SkyWater Technology (NASDAQ:SKYT) Issues Q1 2025 Earnings Guidance

SkyWater Technology (NASDAQ:SKYT) updated its first quarter 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of -0.160–0.100 for the period, compared to the consensus earnings per share estimate of -0.040. The company issued revenue guidance of $59.0 million-$63.0 million, compared to the consensus revenue estimate of $66.5 million.

Wall Street Analysts Forecast Growth

Separately, Needham & Company LLC reissued a “buy” rating and issued a $12.00 price target on shares of SkyWater Technology in a research report on Thursday.

SkyWater Technology Stock Down 0.6 %

SkyWater Technology stock opened at $10.13 on Thursday. SkyWater Technology has a 12 month low of $5.63 and a 12 month high of $19.00. The stock has a market capitalization of $482.85 million, a PE ratio of -28.94 and a beta of 3.37. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.87 and a quick ratio of 0.78. The business has a 50 day simple moving average of $11.57 and a 200-day simple moving average of $10.06.

SkyWater Technology (NASDAQ:SKYT) last posted its quarterly earnings data on Wednesday, February 26th. The company reported $0.04 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.10. SkyWater Technology had a negative net margin of 4.75% and a negative return on equity of 12.40%. The company had revenue of $75.49 million during the quarter, compared to analysts’ expectations of $74.25 million. On average, analysts anticipate that SkyWater Technology will post -0.22 EPS for the current fiscal year.

Insider Activity at SkyWater Technology

In other SkyWater Technology news, Director Loren A. Unterseher sold 7,761 shares of SkyWater Technology stock in a transaction on Friday, December 13th. The shares were sold at an average price of $9.27, for a total transaction of $71,944.47. Following the sale, the director now owns 12,806,264 shares of the company’s stock, valued at $118,714,067.28. The trade was a 0.06 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 42.55% of the stock is currently owned by corporate insiders.

SkyWater Technology Company Profile

SkyWater Technology, Inc, together with its subsidiaries, operates as a pure-play technology foundry that engages in the provision of semiconductor development, manufacturing, and packaging services in the United States. The company offers engineering and process development support services to co-create technologies with customers; and semiconductor manufacturing services for various silicon-based analog and mixed-signal, micro-electromechanical systems, and rad-hard integrated circuits.