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SkyWater Technology Q1 2024 Earnings Report

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$17.14 +4.06 (+31.04%)
(As of 09:58 AM ET)

SkyWater Technology EPS Results

Actual EPS
-$0.12
Consensus EPS
-$0.09
Beat/Miss
Missed by -$0.03
One Year Ago EPS
N/A

SkyWater Technology Revenue Results

Actual Revenue
$79.64 million
Expected Revenue
$80.00 million
Beat/Miss
Missed by -$360.00 thousand
YoY Revenue Growth
N/A

SkyWater Technology Announcement Details

Quarter
Q1 2024
Time
N/A

Conference Call Resources

Conference Call Audio

Slide Deck

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SkyWater Technology Earnings Headlines

Why I'm telling friends to avoid gold stocks
Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
SkyWater Technology
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About SkyWater Technology

SkyWater Technology (NASDAQ:SKYT), together with its subsidiaries, operates as a pure-play technology foundry that engages in the provision of semiconductor development, manufacturing, and packaging services in the United States. The company offers engineering and process development support services to co-create technologies with customers; and semiconductor manufacturing services for various silicon-based analog and mixed-signal, micro-electromechanical systems, and rad-hard integrated circuits. It serves customers operating in the computation, aerospace and defense, automotive, bio-health, consumer, and industrial sectors. The company was incorporated in 2016 and is headquartered in Bloomington, Minnesota.

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