SkyWater Set to Report Earnings in Q1: What's in the Offing?

SkyWater Technology (SKYT) is scheduled to report first-quarter 2025 results on May 7.SKYT expects total revenues between $59 million and$63 million for the first quarter, of which $1 million is expected to be tool revenues, and$6 million is likely to be Wafer Services revenues.The Zacks Consensus Estimate for first-quarter 2025 revenues is pegged at $61.05 million, suggesting a 23.3% year-over-year decline.Non-GAAP earnings are expected to be 10-16 cents per share for the first quarter of 2025.The consen ...