NasdaqCM:SKYTSemiconductor
SkyWater Technology (SKYT) Stock Sees Profit Turn While Quarterly Losses Persist
SkyWater Technology walked into this earnings print with a flat tape and a stock that has gone nowhere over the past week, yet quietly carried a low 13.6x trailing P/E in a sector where peers trade much richer. The headline today is not the Q2 loss of US$6.4 million on US$156.4 million of revenue. The real story is that SkyWater now shows trailing 12 month profitability while the market still prices in weak interest coverage and soft forward expectations. The lack of immediate price reaction...