Skywater Technology Inc reports results for the quarter ended December 31 - Earnings Summary
26/02/2025 14:32
Skywater Technology Inc SKYT.OQ reported quarterly adjusted earnings of 4 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -2 cents. The mean expectation of five analysts for the quarter was for a loss of 6 cents per share. Wall Street expected results to range from -7 cents to -6 cents per share. Revenue fell 4.6% to $75.49 million from a year ago; analysts expected $74.18 million. Skywater Technology Inc's reported EPS for the quarter was a loss of 1 cent. The company reported a quarterly loss of $679 thousand. Skywater Technology Inc shares had fallen by 35.9% this quarter. FORECAST CHANGES The mean earnings estimate of analysts was unchanged in the last three months. In the last 30 days, there have been no earnings estimate revisions by analysts covering the company. RECOMMENDATIONS The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the semiconductors peer group is also "buy" Wall Street's median 12-month price target for Skywater Technology Inc is $12.00 This summary was machine generated from LSEG data February 26 at 02:32 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
| QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
| Dec. 31 2024 | -0.06 | 0.04 | Beat |
| Sep. 30 2024 | -0.02 | 0.08 | Beat |
| Jun. 30 2024 | -0.11 | 0.02 | Beat |
| Mar. 31 2024 | -0.05 | -0.08 | Missed |