share_log

SkyWater Technology | 8-K: SkyWater Technology Reports Third Quarter 2024 Results

SkyWater Technology | 8-K: SkyWater Technology Reports Third Quarter 2024 Results

SkyWater Technology | 8-K:天水科技公布2024年第三季度业绩
美股SEC公告 ·  2024/11/08 05:17

Moomoo AI 已提取核心信息

SkyWater Technology achieved record Q3 2024 revenue of $93.8 million, up 31% YoY, with GAAP gross margin expanding to 21.6% from 19.8% in Q3 2023. Net income reached $1.5 million or $0.03 per diluted share, compared to a net loss of $7.6 million in Q3 2023. Adjusted EBITDA was $11.0 million, representing 11.7% of revenue.The quarter's performance was driven by strong execution in Advanced Technology Services and significant customer-funded CapEx investments exceeding $30 million. The company successfully modified a major A&D program contract, resulting in improved operational efficiencies and recovery of previously accrued costs.Looking ahead, SkyWater expects Q4 2024 revenue between $72-76 million, including $11 million in tools revenue. Management forecasts continued growth in the ATS business for 2025, along with improving quarterly run rates for Wafer Services and sustained margin improvements.
SkyWater Technology achieved record Q3 2024 revenue of $93.8 million, up 31% YoY, with GAAP gross margin expanding to 21.6% from 19.8% in Q3 2023. Net income reached $1.5 million or $0.03 per diluted share, compared to a net loss of $7.6 million in Q3 2023. Adjusted EBITDA was $11.0 million, representing 11.7% of revenue.The quarter's performance was driven by strong execution in Advanced Technology Services and significant customer-funded CapEx investments exceeding $30 million. The company successfully modified a major A&D program contract, resulting in improved operational efficiencies and recovery of previously accrued costs.Looking ahead, SkyWater expects Q4 2024 revenue between $72-76 million, including $11 million in tools revenue. Management forecasts continued growth in the ATS business for 2025, along with improving quarterly run rates for Wafer Services and sustained margin improvements.
SkyWater科技在2024年第三季度创下了9,380万美元的营业收入,同比增长31%,GAAP毛利率从2023年第三季度的19.8%扩大至21.6%。净利润达到150万美元,或每股稀释后0.03美元,而2023年第三季度净亏损为760万美元。调整后的息税折旧摊销前利润(EBITDA)为1100万美元,占营业收入的11.7%。本季度的表现得益于爱文思控股科技服务的强劲执行,以及超过3000万美元的客户资金支持的资本支出投资。公司成功修改了一项主要的A&D项目合同,从而提高了运营效率并追回了之前计提的成本。展望未来,SkyWater预计2024年第四季度的营业收入将在7200万至7600万美元之间,其中包括1100万美元的工具收入。管理层预测,2025年ATS业务将持续增长,同时晶圆服务的季度运行率也在改善,毛利率持续提升。
SkyWater科技在2024年第三季度创下了9,380万美元的营业收入,同比增长31%,GAAP毛利率从2023年第三季度的19.8%扩大至21.6%。净利润达到150万美元,或每股稀释后0.03美元,而2023年第三季度净亏损为760万美元。调整后的息税折旧摊销前利润(EBITDA)为1100万美元,占营业收入的11.7%。本季度的表现得益于爱文思控股科技服务的强劲执行,以及超过3000万美元的客户资金支持的资本支出投资。公司成功修改了一项主要的A&D项目合同,从而提高了运营效率并追回了之前计提的成本。展望未来,SkyWater预计2024年第四季度的营业收入将在7200万至7600万美元之间,其中包括1100万美元的工具收入。管理层预测,2025年ATS业务将持续增长,同时晶圆服务的季度运行率也在改善,毛利率持续提升。
声明:本内容仅用作提供资讯及教育之目的,不构成对任何特定投资或投资策略的推荐或认可。 更多信息