SkyWater Technologies Complete Year 2022 Earnings: Beats Expectations

SkyWater Technologies (NASDAQ:SKYT) Complete Year 2022 Outcomes

Important Economic Outcomes

  • Income: US$212.9m (up 31% from FY 2021).
  • Net loss: US$39.6m (loss narrowed by 23% from FY 2021).
  • US$.97 loss per share (enhanced from US$1.76 loss in FY 2021).

NasdaqCM:SKYT Earnings and Income Development March 17th 2023

All figures shown in the chart above are for the trailing 12 month (TTM) period

SkyWater Technologies Revenues and Earnings Beat Expectations

Income exceeded analyst estimates by four.9%. Earnings per share (EPS) also surpassed analyst estimates by eight.9%.

Hunting ahead, income is forecast to develop 19% p.a. on typical in the course of the subsequent two years, compared to a 9.eight% development forecast for the Semiconductor sector in the US.

Overall performance of the American Semiconductor sector.

The company’s shares are down 11% from a week ago.

Threat Evaluation

We never want to rain on the parade also a great deal, but we did also uncover five warning indicators for SkyWater Technologies that you require to be mindful of.

Valuation is complicated, but we’re assisting make it very simple.

Uncover out no matter if SkyWater Technologies is potentially more than or undervalued by checking out our complete evaluation, which incorporates fair worth estimates, dangers and warnings, dividends, insider transactions and monetary well being.

View the Cost-free Evaluation

This report by Basically Wall St is common in nature. We supply commentary primarily based on historical information and analyst forecasts only working with an unbiased methodology and our articles are not intended to be monetary suggestions. It does not constitute a recommendation to get or sell any stock, and does not take account of your objectives, or your monetary circumstance. We aim to bring you extended-term focused evaluation driven by basic information. Note that our evaluation may well not issue in the newest price tag-sensitive corporation announcements or qualitative material. Basically Wall St has no position in any stocks described.

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