• Mon. Mar 20th, 2023

SkyWater Technologies Complete Year 2022 Earnings: Beats Expectations

ByEditor

Mar 17, 2023

SkyWater Technologies (NASDAQ:SKYT) Complete Year 2022 Outcomes

Essential Monetary 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%.

Seeking ahead, income is forecast to develop 19% p.a. on typical throughout the subsequent two years, compared to a 9.eight% development forecast for the Semiconductor market in the US.

Functionality of the American Semiconductor market.

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

Threat Evaluation

We never want to rain on the parade as well a lot, but we did also come across five warning indicators for SkyWater Technologies that you require to be mindful of.

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

Come across out no matter whether SkyWater Technologies is potentially more than or undervalued by checking out our complete evaluation, which consists of fair worth estimates, dangers and warnings, dividends, insider transactions and economic well being.

View the Totally free Evaluation

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