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Date | Price Target | Rating | Analyst |
---|---|---|---|
5/14/2024 | Buy → Hold | Craig Hallum | |
5/14/2024 | $9.00 → $3.50 | Buy → Neutral | ROTH MKM |
12/11/2023 | $12.00 | Buy | Craig Hallum |
12/11/2023 | $10.00 | Buy | ROTH MKM |
IRVINE, Calif., May 14, 2025 (GLOBE NEWSWIRE) -- Shimmick Corp. (NASDAQ:SHIM), a leading infrastructure solutions provider in water, climate resilience, energy transition and sustainable transportation, today announced financial results for the first quarter ended April 4, 2025. Highlights Reported revenue of $122 million, which includes $93 million of Shimmick Projects revenueReported gross margin of $5 million, as compared to gross margin of $(16) million during the first quarter of 2024Reported selling, general and administrative expenses of $14 million, down 11% from the first quarter of 2024 as a result of the continued implementation of the transformation planRecognized a net l
IRVINE, Calif., May 12, 2025 (GLOBE NEWSWIRE) -- Shimmick Corporation ("Shimmick") (NASDAQ:SHIM), a leading infrastructure solutions provider specializing in complex water, climate resilience, energy transition, and sustainable transportation projects, today announced that the company will release its first quarter 2025 financial results after market close on Wednesday, May 14, 2025. Shimmick will also host a video webcast conference call to discuss those results at 5:00 p.m. Eastern Time on the same day. The conference call will be live-streamed via the Company's Investor Relations website (https://investors.shimmick.com/). A copy of the earnings call presentation will also be posted to
IRVINE, Calif., March 13, 2025 (GLOBE NEWSWIRE) -- Shimmick Corp. (NASDAQ:SHIM), a leading water infrastructure company, today announced financial results for the fourth quarter and fiscal year ended January 3, 2025. Highlights Reported revenue of $104 million, which includes $80 million of Shimmick Projects revenue, for Q4 2024, and revenue of $480 million, which includes $356 million of Shimmick Projects revenue, for FY2024Reported liquidity of $100 million as of January 3, 2025, reflecting the positive outcomes of the Transformation Plan implemented in 2024. Further and on March 12, 2025, we entered into a new credit agreement which replaced the MidCap Revolving Credit Facility and pr
4 - Shimmick Corp (0001887944) (Issuer)
10-Q - Shimmick Corp (0001887944) (Filer)
8-K - Shimmick Corp (0001887944) (Filer)
144 - Shimmick Corp (0001887944) (Subject)
Todd Yoder Appointed Executive Vice President and Chief Financial Officer Interim Chief Financial Officer Amanda Mobley Appointed Chief Accounting Officer IRVINE, Calif., April 08, 2025 (GLOBE NEWSWIRE) -- Shimmick Corporation ("Shimmick" or the "Company") (NASDAQ:SHIM), a leading infrastructure solutions provider specializing in complex water, climate resilience, energy transition, and sustainable transportation projects, today announced the appointment of Todd Yoder as Executive Vice President ("EVP") and Chief Financial Officer ("CFO"), effective April 14, 2025. Amanda Mobley, interim CFO, has been appointed Chief Accounting Officer. "We are excited to welcome Todd to Shimmick as EVP
Ural Yal Appointed CEO of Shimmick Steve Richards to Retire after Distinguished 43-Year Career IRVINE, Calif., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Shimmick Corp. (NASDAQ:SHIM), a leading water infrastructure company, today announced that it has appointed Ural Yal as its new CEO and member of the Board of Directors effective December 2, 2024. Mr. Yal succeeds Steve Richards as he retires following a distinguished 43-year career. Mr. Yal, 47, brings over 26 years of experience in water and critical infrastructure construction. Since joining in 2017, he served in various senior roles at Flatiron Construction, where he led teams and business units that won and executed large and compl
IRVINE, Calif., Dec. 15, 2023 (GLOBE NEWSWIRE) -- Shimmick Corporation ("Shimmick") (NASDAQ:SHIM), a leading water infrastructure company, today announced the appointment of Joe Del Guercio to the Company's Board of Directors (the "Board"), effective on December 14, 2023. "We are extremely excited to have Joe join the Board of Directors. Joe's proven tracker in a multitude of investment and financial leadership roles will help guide Shimmick's growth strategy. Joe brings a strong aptitude of the capital markets to our Board and we will benefit from his guidance with the backdrop of the tailwinds we see in the water infrastructure sector. On behalf of the Board, I'd like to welcome Joe to
Craig Hallum downgraded Shimmick Corp. from Buy to Hold
ROTH MKM downgraded Shimmick Corp. from Buy to Neutral and set a new price target of $3.50 from $9.00 previously
Craig Hallum initiated coverage of Shimmick Corp. with a rating of Buy and set a new price target of $12.00
4 - Shimmick Corp (0001887944) (Issuer)
4 - Shimmick Corp (0001887944) (Issuer)
4 - Shimmick Corp (0001887944) (Issuer)
IRVINE, Calif., May 14, 2025 (GLOBE NEWSWIRE) -- Shimmick Corp. (NASDAQ:SHIM), a leading infrastructure solutions provider in water, climate resilience, energy transition and sustainable transportation, today announced financial results for the first quarter ended April 4, 2025. Highlights Reported revenue of $122 million, which includes $93 million of Shimmick Projects revenueReported gross margin of $5 million, as compared to gross margin of $(16) million during the first quarter of 2024Reported selling, general and administrative expenses of $14 million, down 11% from the first quarter of 2024 as a result of the continued implementation of the transformation planRecognized a net l
IRVINE, Calif., May 12, 2025 (GLOBE NEWSWIRE) -- Shimmick Corporation ("Shimmick") (NASDAQ:SHIM), a leading infrastructure solutions provider specializing in complex water, climate resilience, energy transition, and sustainable transportation projects, today announced that the company will release its first quarter 2025 financial results after market close on Wednesday, May 14, 2025. Shimmick will also host a video webcast conference call to discuss those results at 5:00 p.m. Eastern Time on the same day. The conference call will be live-streamed via the Company's Investor Relations website (https://investors.shimmick.com/). A copy of the earnings call presentation will also be posted to
Todd Yoder Appointed Executive Vice President and Chief Financial Officer Interim Chief Financial Officer Amanda Mobley Appointed Chief Accounting Officer IRVINE, Calif., April 08, 2025 (GLOBE NEWSWIRE) -- Shimmick Corporation ("Shimmick" or the "Company") (NASDAQ:SHIM), a leading infrastructure solutions provider specializing in complex water, climate resilience, energy transition, and sustainable transportation projects, today announced the appointment of Todd Yoder as Executive Vice President ("EVP") and Chief Financial Officer ("CFO"), effective April 14, 2025. Amanda Mobley, interim CFO, has been appointed Chief Accounting Officer. "We are excited to welcome Todd to Shimmick as EVP
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