SkyWater(SKYT) - 2025 Q2 - Quarterly Results

Exhibit 99.1 SkyWater Technology Reports Second Quarter 2024 Results Eighth Straight Quarter of Record Revenue and 34% Growth Year-Over-Year BLOOMINGTON, Minn., – August 7, 2024 – SkyWater Technology, Inc. (NASDAQ: SKYT), the trusted technology realization partner, today announced financial results for the second quarter 2024 ended June 30, 2024. Financial Highlights for Q2 2024: • Revenue increased 34% year-over-year to a record $93.3 million. • Gross margin decreased to 18.3% on a GAAP basis, compared to ...