SkyWater Technology, Inc. (SKYT) Reports Q2 Loss, Tops Revenue Estimates

Company Performance - SkyWater Technology, Inc. reported a quarterly loss of $0.11 per share, which was better than the Zacks Consensus Estimate of a loss of $0.17, representing an earnings surprise of +35.29% [1] - The company posted revenues of $59.06 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 3.08%, but down from $93.33 million in the same quarter a year ago [2] - Over the last four quarters, SkyWater Technology has exceeded consensus EPS estimates four times and topped consensus revenue estimates three times [2] Stock Performance - SkyWater Technology shares have declined approximately 34.3% since the beginning of the year, contrasting with the S&P 500's gain of 7.1% [3] - The current consensus EPS estimate for the upcoming quarter is $0.09 on revenues of $87.75 million, and for the current fiscal year, it is -$0.01 on revenues of $307.15 million [7] Industry Outlook - The Electronics - Semiconductors industry, to which SkyWater Technology belongs, is currently ranked in the bottom 39% of over 250 Zacks industries, indicating potential challenges ahead [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact SkyWater Technology's stock performance [5]