Skywater Technology Inc expected to post a loss of 2 cents a share - Earnings Preview

* Skywater Technology Inc is expected to show a rise in quarterly revenue when it reports results on November 7 for the period ending September 30 2024

* The Bloomington Minnesota-based company is expected to report a 32.1% increase in revenue to $94.594 million from $71.62 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.The company's guidance on August 7 2024, for the period ended September 30, was for revenue between $94.00 million and $96.00 million.

* ​LSEG's mean analyst estimate for Skywater Technology Inc is for a loss of 2 cents per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for Skywater Technology Inc is $12.00​, above​ its last closing price of $9.65. ​​​

The company's guidance on August 7 2024 for the period ended September 30 was for gross profit margin between USD15% and USD18%. Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jun. 30 2024 -0.11 -0.11 0.02 Beat 118.9

Mar. 31 2024 -0.04 -0.05 -0.08 Missed -68.4

Dec. 31 2023 -0.12 -0.12 -0.02 Beat 83.9​

Sep. 30 2023 -0.17 -0.16 -0.04 Beat 75

​​Jun. -0.12 -0.11 -0.14 Missed -27.3

30 2023

Mar. 31 2023 -0.13 -0.13 -0.06 Beat 53.1​

Jan. 1 0001 -0.11 -0.11 -0.03 Beat 73.1

Sep. 30 2022 -0.25 -0.25 -0.13 Beat 48.3

This summary was machine generated November 6 at 14:32 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)