SkyWater Reports Third Quarter 2022 Financial Results

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:

SkyWater Investor Contact: Claire McAdams |
SkyWater Media Contact: Lauri Julian |

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