SkyWater (SKYT) Q2 Revenue Drops 37%

SkyWater Technology (NASDAQ:SKYT), a U.S. semiconductor manufacturer, reported Q2 2025 GAAP revenue of $59.1 million, exceeding analyst expectations, while non-GAAP EPS showed a loss of $(0.11), less than anticipated. The company faces challenges due to lower equipment demand and delayed government projects, but the recent acquisition of Fab 25 is seen as a catalyst for future growth.

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