SkyWater Technology, Inc. (SKYT) Surpasses Q3 Earnings Estimates
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SkyWater Technology, Inc. (SKYT) reported Q3 earnings of $0.08 per share, surpassing the Zacks Consensus Estimate of a loss of $0.02 per share. This marks an improvement from a loss of $0.05 per share a year ago.
November 08, 2024 | 12:30 am
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SkyWater Technology reported better-than-expected Q3 earnings, with $0.08 per share against an expected loss of $0.02, showing significant improvement from last year's loss.
The positive earnings surprise and improvement from the previous year's loss are likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100