• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishGo to App
    Quantisnow Logo

    © 2026 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI superconnector for talent & startupsNEWLLM Arena
    Legal
    Terms of usePrivacy policyCookie policy

    Shimmick Awarded Contract for North Hollywood to Pasadena Bus Rapid Transit Project

    12/5/24 4:12:09 PM ET
    $SHIM
    Military/Government/Technical
    Industrials
    Get the next $SHIM alert in real time by email

    IRVINE, Calif., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Shimmick Construction Company, Inc. ("Shimmick"), a leader in critical infrastructure, water, and transit solutions, announced today that it has been awarded a key role in the North Hollywood to Pasadena Bus Rapid Transit (BRT) Project by Los Angeles Metropolitan Transportation Authority (LA Metro). Shimmick, with our partner Myers and Sons, as part of the Myers-Shimmick Joint Venture (MSJV), will serve as the Construction Manager/General Contractor (CM/GC) for the project's preconstruction services phase.

    The $8.26 million contract for preconstruction services approved on December 5, 2024, by the LA Metro Board of Supervisors, marks the beginning of this transformative 19-mile transit corridor connecting North Hollywood, Burbank, Glendale, Eagle Rock, and Pasadena in California. Featuring 22 new stations, this BRT project will provide faster, more reliable transit options, reduce traffic congestion, and improve air quality with the use of zero-emission electric buses. The construction value for the construction phase, if awarded to Myers-Shimmick Joint Venture by LA Metro, is estimated at $190 million.

    "We are excited to once again partner with Myers and Sons and LA Metro on this critical infrastructure project to improve mobility and connectivity for millions of LA County residents," said Ural Yal, CEO of Shimmick. "We are encouraged to utilize the CM/GC project delivery method, which allows the entire project team to work together to address projects risks and set the project up for success during the construction phase."

    The project enhances transit access for disadvantaged Equity Focus Communities (EFCs) in the project area, including improved pedestrian and bicycle facilities, and utilizes electric zero-emission buses to improve air quality and reduce greenhouse gas emissions.

    The preconstruction phase will involve close collaboration between the Myers-Shimmick team, Metro, and the design team to refine project designs, ensure cost control, and develop a comprehensive construction schedule. Early utility work is scheduled to begin in 2025, with the project slated for completion by 2028.

    For more information, visit Metro's North Hollywood to Pasadena Transit Corridor Project Page.

    ABOUT SHIMMICK

    Shimmick (NASDAQ:SHIM) is a leading provider of water and critical infrastructure solutions nationwide. Shimmick has a long history of delivering complex infrastructure projects from the world's largest wastewater recycling and purification system in Orange County California to the iconic Hoover Dam. Shimmick is at the forefront of delivering solutions to meet the nation's growing demand for water infrastructure. Our self-performing capability ensures better cost control, quality and client satisfaction across our diverse project portfolio. According to Engineering News Record, in 2024, Shimmick was nationally ranked as a top ten builder of water supply (#8), dams and reservoirs (#6), and water treatment and desalination plants (#7).

    CONTACT INFORMATION

    Investor Relations

    +1-949-704-2350

    [email protected]



    Get the next $SHIM alert in real time by email

    Crush Q1 2026 with the Best AI Superconnector

    Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Standout.work

    Q&A

    New
    • What is the value of the contract awarded to Shimmick Construction Company?

      The Shimmick Construction Company has been awarded an $8.26 million contract for the preconstruction phase of the North Hollywood to Pasadena BRT project.

    • What is the estimated construction value for the North Hollywood to Pasadena BRT project?

      The construction phase, if awarded, is estimated to cost $190 million.

    • What are the main objectives of the North Hollywood to Pasadena Bus Rapid Transit project?

      The project aims to provide faster transit options, reduce traffic congestion, and improve air quality by utilizing zero-emission electric buses.

    • What collaboration is expected during the preconstruction phase of the project?

      Close collaboration among the Myers-Shimmick team, Metro, and the design team will occur during the preconstruction phase to refine designs, ensure cost control, and develop a construction schedule.

    • What is the timeline for the preconstruction and construction phases of the project?

      The project is expected to begin early utility work in 2025 and is slated for completion by 2028.

    Recent Analyst Ratings for
    $SHIM

    DatePrice TargetRatingAnalyst
    1/5/2026$6.00Hold → Buy
    Craig Hallum
    5/14/2024Buy → Hold
    Craig Hallum
    5/14/2024$9.00 → $3.50Buy → Neutral
    ROTH MKM
    12/11/2023$12.00Buy
    Craig Hallum
    12/11/2023$10.00Buy
    ROTH MKM
    More analyst ratings

    $SHIM
    SEC Filings

    View All

    SEC Form 10-Q filed by Shimmick Corporation

    10-Q - Shimmick Corp (0001887944) (Filer)

    11/13/25 4:09:46 PM ET
    $SHIM
    Military/Government/Technical
    Industrials

    Shimmick Corporation filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

    8-K - Shimmick Corp (0001887944) (Filer)

    11/13/25 4:09:12 PM ET
    $SHIM
    Military/Government/Technical
    Industrials

    Shimmick Corporation filed SEC Form 8-K: Other Events, Financial Statements and Exhibits

    8-K - Shimmick Corp (0001887944) (Filer)

    9/8/25 4:07:53 PM ET
    $SHIM
    Military/Government/Technical
    Industrials

    $SHIM
    Press Releases

    Fastest customizable press release news feed in the world

    View All

    Shimmick Preferred Bidder on $81.5 Million in Water and Electrical Projects in Los Angeles Market

    IRVINE, Calif., Dec. 16, 2025 (GLOBE NEWSWIRE) -- Shimmick Corporation (NASDAQ:SHIM) ("Shimmick" or the "Company"), a national leader in complex infrastructure solutions, has been named the preferred bidder on two projects in the Los Angeles market, totaling approximately $81.5 million in new work. The projects span water and electrical infrastructure and reflect growing demand for Shimmick's integrated civil and electrical delivery capabilities. "These projects reflect continued investment in essential water and electrical infrastructure that supports long-term resilience," said Ural Yal, Chief Executive Officer of Shimmick. "From advancing shore power to strengthening critical water rec

    12/16/25 8:30:00 AM ET
    $SHIM
    Military/Government/Technical
    Industrials

    Shimmick Corporation Announces Third Quarter 2025 Results

    IRVINE, Calif., Nov. 13, 2025 (GLOBE NEWSWIRE) -- Shimmick Corp. (NASDAQ:SHIM), a leading infrastructure solutions provider in water, electrical and other critical infrastructure construction services, today announced financial results for the third quarter ended October 3, 2025. Third Quarter 2025 and Recent Highlights Reported revenue of $142 million, with $107 million coming from Shimmick Projects Shimmick Projects revenue up 6% year over yearTotal revenue up 5% year over year when excluding the one-time favorable Non-Core Project claim settlement revenue of $31 million recorded during Q3 2024 Reported gross margin of $11 million, with $10 million coming from Shimmick Projects Gross m

    11/13/25 4:05:00 PM ET
    $SHIM
    Military/Government/Technical
    Industrials

    Shimmick Corporation to Announce Third Quarter 2025 Financial Results on November 13, 2025

    IRVINE, Calif., Oct. 30, 2025 (GLOBE NEWSWIRE) -- Shimmick Corporation ("Shimmick") (NASDAQ:SHIM), a national leader in complex infrastructure solutions, today announced that the company will release its third quarter 2025 financial results after market close on Thursday, November 13, 2025. Shimmick will also host a video webcast conference call to discuss those results at 4:30 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 our website. A replay of the video webcast will be available through the same link following t

    10/30/25 4:05:00 PM ET
    $SHIM
    Military/Government/Technical
    Industrials

    $SHIM
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    View All

    Amendment: Chief Financial Officer Yoder Todd Wilbur bought $5,600 worth of shares (2,000 units at $2.80) (SEC Form 4)

    4/A - Shimmick Corp (0001887944) (Issuer)

    12/2/25 4:18:47 PM ET
    $SHIM
    Military/Government/Technical
    Industrials

    Director Herron J Brendan bought $51,877 worth of shares (17,000 units at $3.05) (SEC Form 4)

    4 - Shimmick Corp (0001887944) (Issuer)

    8/23/24 4:05:05 PM ET
    $SHIM
    Military/Government/Technical
    Industrials

    $SHIM
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    View All

    Shimmick Corp. upgraded by Craig Hallum with a new price target

    Craig Hallum upgraded Shimmick Corp. from Hold to Buy and set a new price target of $6.00

    1/5/26 8:21:55 AM ET
    $SHIM
    Military/Government/Technical
    Industrials

    Shimmick Corp. downgraded by Craig Hallum

    Craig Hallum downgraded Shimmick Corp. from Buy to Hold

    5/14/24 9:46:05 AM ET
    $SHIM
    Military/Government/Technical
    Industrials

    Shimmick Corp. downgraded by ROTH MKM with a new price target

    ROTH MKM downgraded Shimmick Corp. from Buy to Neutral and set a new price target of $3.50 from $9.00 previously

    5/14/24 8:18:29 AM ET
    $SHIM
    Military/Government/Technical
    Industrials

    $SHIM
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    View All

    Chief Executive Officer Yal Ural converted options into 173,205 shares (SEC Form 4)

    4 - Shimmick Corp (0001887944) (Issuer)

    12/4/25 4:30:03 PM ET
    $SHIM
    Military/Government/Technical
    Industrials

    Amendment: Chief Financial Officer Yoder Todd Wilbur bought $5,600 worth of shares (2,000 units at $2.80) (SEC Form 4)

    4/A - Shimmick Corp (0001887944) (Issuer)

    12/2/25 4:18:47 PM ET
    $SHIM
    Military/Government/Technical
    Industrials

    Director Goldsteen Mitchell B. sold $76,920 worth of shares (25,206 units at $3.05) (SEC Form 4)

    4 - Shimmick Corp (0001887944) (Issuer)

    9/2/25 4:25:39 PM ET
    $SHIM
    Military/Government/Technical
    Industrials

    $SHIM
    Leadership Updates

    Live Leadership Updates

    View All

    Shimmick Announces Chief Financial Officer Transition

    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

    4/8/25 8:00:24 AM ET
    $SHIM
    Military/Government/Technical
    Industrials

    Shimmick Announces New CEO

    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

    11/12/24 7:30:02 AM ET
    $SHIM
    Military/Government/Technical
    Industrials

    Shimmick Corporation Appoints Joe Del Guercio to Board of Directors

    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

    12/15/23 8:00:00 AM ET
    $SHIM
    Military/Government/Technical
    Industrials

    $SHIM
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    View All

    Amendment: SEC Form SC 13D/A filed by Shimmick Corporation

    SC 13D/A - Shimmick Corp (0001887944) (Subject)

    9/27/24 5:11:55 PM ET
    $SHIM
    Military/Government/Technical
    Industrials

    Amendment: SEC Form SC 13D/A filed by Shimmick Corporation

    SC 13D/A - Shimmick Corp (0001887944) (Subject)

    6/26/24 5:04:29 PM ET
    $SHIM
    Military/Government/Technical
    Industrials

    SEC Form SC 13D filed by Shimmick Corporation

    SC 13D - Shimmick Corp (0001887944) (Subject)

    5/24/24 4:30:06 PM ET
    $SHIM
    Military/Government/Technical
    Industrials

    $SHIM
    Financials

    Live finance-specific insights

    View All

    Shimmick Corporation Announces Third Quarter 2025 Results

    IRVINE, Calif., Nov. 13, 2025 (GLOBE NEWSWIRE) -- Shimmick Corp. (NASDAQ:SHIM), a leading infrastructure solutions provider in water, electrical and other critical infrastructure construction services, today announced financial results for the third quarter ended October 3, 2025. Third Quarter 2025 and Recent Highlights Reported revenue of $142 million, with $107 million coming from Shimmick Projects Shimmick Projects revenue up 6% year over yearTotal revenue up 5% year over year when excluding the one-time favorable Non-Core Project claim settlement revenue of $31 million recorded during Q3 2024 Reported gross margin of $11 million, with $10 million coming from Shimmick Projects Gross m

    11/13/25 4:05:00 PM ET
    $SHIM
    Military/Government/Technical
    Industrials

    Shimmick Corporation to Announce Third Quarter 2025 Financial Results on November 13, 2025

    IRVINE, Calif., Oct. 30, 2025 (GLOBE NEWSWIRE) -- Shimmick Corporation ("Shimmick") (NASDAQ:SHIM), a national leader in complex infrastructure solutions, today announced that the company will release its third quarter 2025 financial results after market close on Thursday, November 13, 2025. Shimmick will also host a video webcast conference call to discuss those results at 4:30 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 our website. A replay of the video webcast will be available through the same link following t

    10/30/25 4:05:00 PM ET
    $SHIM
    Military/Government/Technical
    Industrials

    Shimmick Corporation Announces Second Quarter 2025 Results

    IRVINE, Ca., Aug. 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 second quarter ended July 4, 2025. Second Quarter 2025 and Recent Highlights Reported revenue of $128 million, up 42% year over year, with $113 million coming from Shimmick ProjectsReported gross margin of $8 million, as compared to gross margin of $(31) million during the second quarter of 2024, favorable 126% year over yearStrong performance on Shimmick Projects contributed gross margin of $15 million, with Non-Core gross margin of $(7) mi

    8/14/25 4:05:13 PM ET
    $SHIM
    Military/Government/Technical
    Industrials