Skywater Technology Inc
NASDAQ:SKYT

Watchlist Manager
Skywater Technology Inc Logo
Skywater Technology Inc
NASDAQ:SKYT
Watchlist
Price: 9.14 USD 1.11% Market Closed
Market Cap: 439m USD

Skywater Technology Inc
Investor Relations

Skywater Technology, Inc. is a holding company. The company is headquartered in Bloomington, Minnesota and currently employs 590 full-time employees. The company went IPO on 2021-04-21. The company offers semiconductor development and manufacturing services from its fabrication facility in Minnesota and packaging services from its Florida facility. The company develops process technology Internet Protocol (IP) with its customers that enables concepts through its advanced technology services for microelectronics integrated circuits (ICs) and related micro-and nanotechnology applications. The company supports its customers with the volume production of ICs for markets through its Wafer Services along with technology development services. The company focuses on serving users in vertical markets, including advanced computation, aerospace and defense (A&D), automotive and transportation, bio-health, consumer and industrial/Internet of things (IoT). Its Advanced Technology Services and Wafer Services customers include Infineon, D-Wave, L3Harris, Leonardo DRS, Microsoft, MGI and Steifpower.

Show more
Loading

Earnings Calls

2025 Q1
May 7, 2025
Show Transcript
Previous
Next
SkyWater Technology Reports Strong Q1, Anticipates Growth from New Products
2025 Q1
May 7, 2025

In Q1 2025, SkyWater Technology's revenue reached $61.3 million, slightly above forecasts. The company exceeded gross margin guidance, achieving 24.2%, with adjusted EBITDA surpassing $4 million. Growth was driven primarily by their new ThermaView platform, which represents a strategic milestone in the advanced thermal imaging market. SkyWater expects total revenue growth of about 5% for the full year, with margins anticipated to rise into the 30s% in H2 2025, leading to positive non-GAAP EPS. For Q2, revenue guidance is set between $55 million and $60 million, with ATS expected to rebound strongly in the latter half of 2025.

Show Full Analysis

Management

Mr. Thomas J. Sonderman
CEO & Director
No Bio Available
Mr. John Sakamoto
President & COO
No Bio Available
Mr. Steve Manko
Chief Financial Officer
No Bio Available
Mr. Christopher Hilberg
Chief Risk & Compliance Officer, General Counsel and Secretary
No Bio Available
Ms. Laura Lorenz
Senior Vice President of Human Resources
No Bio Available
Dr. Brad Ferguson Ph.D.
Senior Vice President of Special Programs
No Bio Available
Mr. Ross Miller
Senior Vice President of Commercial and A&D Business
No Bio Available
Mr. Sudhakar Adivikolanu Ph.D.
Senior Vice President of Supply Chain & Information Technology
No Bio Available
Mr. Bassel Haddad
Senior VP & GM of Advanced Packaging
No Bio Available

Contacts

Address
MINNESOTA
Bloomington
2401 East 86Th Street
Contacts