BLOOMINGTON, Minn. (AP) — BLOOMINGTON, Minn. (AP) — SkyWater Technology Inc. (SKYT) on Wednesday reported a loss of $7.3 million in its first quarter.
On a per-share basis, the Bloomington, Minnesota-based company said it had a loss of 15 cents. Losses, adjusted for stock option expense and non-recurring costs, were 8 cents per share.
The company posted revenue of $61.3 million in the period.
For the current quarter ending in June, SkyWater Technology Inc. expects its results to range from a loss of 22 cents per share to a loss of 16 cents per share.
The company said it expects revenue in the range of $55 million to $60 million for the fiscal second quarter.
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