SkyWater Technology Reports Third Quarter 2021 Results

Year-over-Year Revenue Growth of 6%

BLOOMINGTON, Minn. – November 2, 2021 – SkyWater Technology (NASDAQ: SKYT) the trusted technology realization partner today announced financial results for the third quarter of 2021, ended October 3, 2021.

  1. Revenue grew 6% year-over-year to $35.0 million
  2. Net loss to shareholders of $13.9 million, or (40)% of revenue
  3. Adjusted EBITDA of $(2.7) million, or (7.7)% of revenue

View the full Third Quarter Results on SkyWater Technology’s Investor Relations page: https://ir.skywatertechnology.com

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