SkyWater Technology, Inc. (SKYT) Reports Q1 Loss, Tops Revenue Estimates

Company Performance - SkyWater Technology, Inc. reported a quarterly loss of $0.08 per share, which was better than the Zacks Consensus Estimate of a loss of $0.13, representing an earnings surprise of 38.46% [1] - The company posted revenues of $61.3 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 0.40%, but down from $79.64 million year-over-year [2] - Over the last four quarters, SkyWater Technology has surpassed consensus EPS estimates four times and topped consensus revenue estimates three times [2] Stock Movement and Outlook - SkyWater Technology shares have declined approximately 47.5% since the beginning of the year, compared to a decline of 4.7% for the S&P 500 [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the coming quarter is -$0.08 on $69 million in revenues, and -$0.07 on $309.2 million in revenues for the current fiscal year [7] Industry Context - The Electronics - Semiconductors industry, to which SkyWater Technology belongs, is currently ranked in the top 38% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact SkyWater Technology's stock performance [5][6]