SkyWater Technology (NASDAQ:SKYT) reported its Q3 earnings results on Wednesday, November 8, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
SkyWater Technology missed estimated earnings by 6.25%, reporting an EPS of $-0.17 versus an estimate of $-0.16.
Revenue was up $19.30 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.05 which was followed by a 12.74% drop in the share price the next day.
Here’s a look at SkyWater Technology’s past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.09 | -0.13 | -0.11 | -0.25 |
| EPS Actual | -0.14 | -0.06 | -0.03 | -0.13 |
| Revenue Estimate | 64.30M | 60.58M | 55.50M | 51.28M |
| Revenue Actual | 69.81M | 66.09M | 65.09M | 52.33M |
To track all earnings releases for SkyWater Technology visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
