BLOOMINGTON, Minn. (AP) — BLOOMINGTON, Minn. (AP) — SkyWater Technology Inc. (SKYT) on Wednesday reported a loss of $679,000 in its fourth quarter.
On a per-share basis, the Bloomington, Minnesota-based company said it had a loss of 1 cent. Earnings, adjusted for stock option expense and non-recurring costs, came to 4 cents per share.
The company posted revenue of $75.5 million in the period.
For the year, the company reported a loss of $6.8 million, or 14 cents per share. Revenue was reported as $342.3 million.
For the current quarter ending in March, SkyWater Technology Inc. expects its results to range from a loss of 16 cents per share to a loss of 10 cents per share.
The company said it expects revenue in the range of $59 million to $63 million for the fiscal first quarter.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SKYT at https://www.zacks.com/ap/SKYT
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