SkyWater Technology, Inc. (SKYT) Beats Q3 Earnings and Revenue Estimates

Core Insights - SkyWater Technology, Inc. reported quarterly earnings of $0.24 per share, exceeding the Zacks Consensus Estimate of a loss of $0.17 per share, and showing an increase from earnings of $0.08 per share a year ago, resulting in an earnings surprise of +241.18% [1] - The company achieved revenues of $150.74 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 11.25% and increasing from $93.82 million year-over-year [2] - SkyWater Technology has consistently surpassed consensus EPS and revenue estimates over the last four quarters [2] Earnings Outlook - The sustainability of the stock's price movement will depend on management's commentary during the earnings call and future earnings expectations [3][4] - The current consensus EPS estimate for the upcoming quarter is -$0.10 on revenues of $161.5 million, and for the current fiscal year, it is -$0.45 on revenues of $417.35 million [7] Industry Context - The Electronics - Semiconductors industry, to which SkyWater Technology belongs, is currently ranked in the top 34% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact SkyWater's stock performance [5][6]