SkyWater Technology, Inc. (SKYT) Beats Q4 Earnings and Revenue Estimates
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SkyWater Technology, Inc. (SKYT) reported Q4 earnings of $0.04 per share, surpassing the Zacks Consensus Estimate of a loss of $0.07 per share. This marks an improvement from a loss of $0.02 per share a year ago.
February 26, 2025 | 2:45 pm
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SkyWater Technology reported better-than-expected Q4 earnings, with $0.04 per share against an expected loss of $0.07, showing significant improvement from last year's loss.
The better-than-expected earnings report is likely to positively impact SKYT's stock price in the short term. Surpassing earnings expectations often leads to increased investor confidence and buying interest.
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IMPORTANCE 90
RELEVANCE 100