09:57 AM EST, 02/26/2025 (MT Newswires) -- SkyWater Technology ( SKYT ) shares were up more than 22% in recent trading after it reported Q4 adjusted earnings and revenue that beat analysts' expectations.

The company reported Q4 adjusted net income of $0.04 per diluted share, compared with a loss of $0.02 a year earlier.

Analysts surveyed by FactSet expected earnings of $0.02 per share.

Revenue for the quarter ended Dec. 29 was $75.5 million, compared with $79.2 million a year earlier. Analysts surveyed by FactSet expected $74.2 million.

For Q1, the company said it expects an adjusted net loss of $0.10 to $0.16, on revenue of $59 million to $63 million.

Analysts surveyed by FactSet expect an adjusted loss of $0.06 on revenue of $66.5 million.

Price: 10.80, Change: +1.96, Percent Change: +22.12