SkyWater TechnologyNASDAQ: SKYT

SkyWater Technology, Inc. shares surged in response to strong second quarter results, as the company has reached break-even levels. The company is on track to become profitable and expects to maintain strong performance in the third quarter, with green shoots materializing. Despite recent growth and potential profitability around the corner, caution is advised due to past disappointments and lack of profitability for years.

SkyWater Technology, Inc. (NASDAQ:SKYT ) Q2 2024 Earnings Conference Call August 7, 2024 4:30 PM ET Company Participants Claire McAdams - IR Thomas Sonderman - CEO Steve Manko - CFO Conference Call Participants Harsh Kumar - Piper Sandler Shadi Mitwalli - Needham and Company Richard Shannon - Craig Hallum Ezra Weener - Jefferies Operator Good afternoon. My names is Rodger, and I will be your conference operator today.

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, is pleased to announce the selection of 10 recipients by Scholarship America to receive $10,000 each through the second annual SkyWater Foundation Scholarship Program. While the application process welcomed students from all fields, an emphasis in STEM (science, technology, engineering, and mathematics) was encouraged. Currently, there exists a gap in the talent required for the.

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced management's participation in the 16th Annual CEO Investor Summit, being held Wednesday, July 10th at the St. Regis San Francisco. The investor presentation material utilized during the CEO Summit will be made available on the company's investor relations website at ir.skywatertechnology.com. About the 16th Annual CEO Investor Summit 2024 The CEO Investor Summit i.

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced that company management is scheduled to participate in two upcoming investor conferences taking place during the second quarter. Craig-Hallum 21st Annual Institutional Investor Conference May 29, 2024 at the Depot Renaissance Minneapolis, MN (1x1s only) TD Cowen 52nd Annual Technology, Media & Telecom Conference May 30, 2024 at the InterContinental Barclay New.

SkyWater Technology's stock dropped, possibly due to lower earnings, but there are positive developments in the company's efforts to improve its chip manufacturing operations.

SkyWater Technology (NASDAQ: SKYT) plans to release its fiscal first quarter 2024 financial results after the market closes on Wednesday, May 8, 2024. Management will also hold a webcast that same afternoon at 3:30 p.m. CDT to discuss the results.

The saying "you get what you pay for" serves as a cautionary reminder when it comes to investing in stocks priced under $20. It is important not to make purchasing decisions based solely on a low price point.

SkyWater Technology stock has rallied in the last six months, even as parts of the semiconductor industry have declined. Some of the company's customers are ramping up R&D, indicating that a new wave of growth could be coming.