Reports Q4 revenue $79.2M, consensus $74.84M. “We are pleased to deliver a solid finish to fiscal 2023, with revenue growth exceeding our earlier expectations as a result of strong customer demand for our differentiated Advanced Technology Services (ATS) business,” commented Thomas Sonderman, SkyWater president and chief executive officer. “We are now entering a multi-year stage of increased levels of customer investments in our production capacity and capabilities, and we anticipate these investments will enable SkyWater to achieve another year of revenue growth in 2024. The continued robust demand for our ATS business demonstrates that our customers’ innovation investments remain strong.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on SKYT:
- SKYT Upcoming Earnings Report: What to Expect?
- SkyWater Technology signs production agreement with Nautilus Biotechnology
- 3 Best Stocks to Buy Now, 1/31/2024, According to Top Analysts
- SkyWater Technology, Deca Technologies awarded $120M contract from DoD
- SkyWater Technology submits application to CHIPS for funding
