Record Quarterly Revenues Up 10% Sequentially and Nearly 50% Year-over-Year
BLOOMINGTON, Minn. – November 7, 2022 – SkyWater Technology (NASDAQ: SKYT) the trusted technology realization partner today announced financial results for the third quarter of 2022, ended October 2, 2022.
- Total revenue of $52.3 million, up 49% year-over-year.
- Net loss to shareholders of $6.9 million, or (13)% of revenue.
- Adjusted EBITDA of $3.8 million, or 7.3% of revenue.
View the full Third Quarter Results on SkyWater Technology’s Investor Relations page: https://ir.skywatertechnology.com
SkyWater Investor Contact: Claire McAdams | claire@headgatepartners.com
SkyWater Media Contact: Lauri Julian | media@skywatertechnology.com