Published on 22 Apr 2024 on Simply Wall St. via Yahoo Finance

Market Sentiment Around Loss-Making SkyWater Technology, Inc. (NASDAQ:SKYT)

With the business potentially at an important milestone, we thought we'd take a closer look at SkyWater Technology, Inc.'s (NASDAQ:SKYT) future prospects. SkyWater Technology, Inc., 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. On 31 December 2023, the US$397m market-cap company posted a loss of US$31m for its most recent financial year. Many investors are wondering about the rate at which SkyWater Technology will turn a profit, with the big question being “when will the company breakeven?” In this article, we will touch on the expectations for the company's growth and when analysts expect it to become profitable.

See our latest analysis for SkyWater Technology