SkyWater Technology Inc.: Q3 Earnings Snapshot

BLOOMINGTON, Minn. (AP) — BLOOMINGTON, Minn. (AP) — SkyWater Technology Inc. (SKYT) on Thursday reported earnings of $1.5 million in its third quarter.

On a per-share basis, the Bloomington, Minnesota-based company said it had net income of 3 cents. Earnings, adjusted for stock option expense and non-recurring costs, were 8 cents per share.

The company posted revenue of $93.8 million in the period.

For the current quarter ending in December, SkyWater Technology Inc. expects its results to range from a loss of 10 cents per share to a loss of 4 cents per share.

The company said it expects revenue in the range of $72 million to $76 million for the fiscal fourth quarter.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SKYT at https://www.zacks.com/ap/SKYT

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