SkyWater Technology reported total revenue of $75.5 million for Q4 2024, a 5% decrease year-over-year, and $342.3 million for the full fiscal year 2024, a 19% increase year-over-year. Fiscal year 2024 marked record revenue for the company.
For Q4 2024, the company reported a GAAP net loss of $(0.7) million and GAAP diluted EPS of $(0.01). Non-GAAP diluted EPS was $0.04, with adjusted EBITDA at $10.2 million.
For the full fiscal year 2024, GAAP net loss was $(6.8) million and GAAP diluted EPS was $(0.14). Non-GAAP diluted EPS was $0.06, and adjusted EBITDA was $34.3 million.
The company provided Q1 2025 outlook, expecting total revenue between $59 million and $63 million. GAAP diluted net loss per share is projected between $(0.14) and $(0.20), and non-GAAP diluted net loss per share between $(0.10) and $(0.16).
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