Amanda Mobley, a long time Shimmick finance professional, will become interim Chief Financial Officer, replacing Devin Nordhagen, who is stepping down from his position as CFO to pursue other business interests. Mr. Nordhagen will remain with the Company for a period of time to assist with an orderly transition.
Save time and jump to the most important pieces.
| 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 |
4 - Shimmick Corp (0001887944) (Issuer)
8-K - Shimmick Corp (0001887944) (Filer)
8-K - Shimmick Corp (0001887944) (Filer)
8-K - Shimmick Corp (0001887944) (Filer)
SC 13D/A - Shimmick Corp (0001887944) (Subject)
SC 13D/A - Shimmick Corp (0001887944) (Subject)
SC 13D - Shimmick Corp (0001887944) (Subject)
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
IRVINE, Calif., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Shimmick Corp. (NASDAQ:SHIM), a leading water infrastructure company, today announced financial results for the third quarter ended September 27, 2024. Third Quarter 2024 and Recent Highlights Settlement in the Company's Golden Gate Bridge ("GGB") Project which will result in $97 million of cash collected before the end of 2024 and is the last major outstanding legal claim related to its Legacy Projects.Announced the hiring of Ural Yal as Chief Executive Officer to replace Steve Richards who is retiring after a 43-year career.Reported revenue of $166 million, which includes $101 million of Shimmick Project revenue.Reported Shimmic
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., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Shimmick Corporation ("Shimmick") (NASDAQ:SHIM), a leading water infrastructure company, today announced that the company will release its third quarter 2024 results before market open on Tuesday, November 12, 2024, to be followed by a conference call at 8:30 a.m. (Eastern Time) on the same day. The conference call can be accessed live over the phone by dialing (877)-869-3847 (domestic) or (201)-689-8261 (international). A telephonic replay will be available approximately three hours after the call by dialing (877)-660-6853, or for international callers, (201)-612-7415. The passcode for the live call and the replay is 13749091. The replay
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
U.S. stocks traded mixed toward the end of trading, with the S&P 500 falling over 1% on Wednesday. The Dow traded up 0.53% to 41,173.41 while the NASDAQ fell 2.51% to 18,044.33. The S&P 500 also fell, dropping, 1.24% to 5,597.06. Check This Out: Amazon To Rally Around 9%? Here Are 10 Top Analyst Forecasts For Wednesday Leading and Lagging SectorsConsumer staples shares jumped by 1.4% on Wednesday. In trading on Wednesday, information technology shares fell by 3.6%. Top Headline Synchrony Financial (NYSE:SYF) reported better-than-expected second-quarter results on Wednesday. The company posted quarterly net interest income of $4.405 billion, beating the consensus of $4.28
Shares of ASLAN Pharmaceuticals Limited (NASDAQ:ASLN) fell sharply during Wednesday's session after the company announced that its Singapore-incorporated, sole operating subsidiary has filed for voluntary liquidation. ASLAN Pharmaceuticals shares dipped 38.7% to $0.68 on Wednesday. Here are some other stocks moving in today’s mid-day session. Gainers Aptevo Therapeutics Inc. (NASDAQ:APVO) shares climbed 84% to $0.6073 after surging around 10% on Tuesday. Aptevo Therapeutics recently announced closing of $2.75 million offering. Shimmick Corporation (NASDAQ:SHIM) shares climbed 49% to $3.0173 after the company received a $27.6 million subcontract for the Sunol Valley Water Trea
Shimmick Corporation (NASDAQ:SHIM) shares are trading higher Wednesday after the company announced it has signed a $27.6 million subcontract for electrical work on the Sunol Valley Water Treatment Plant Ozonation project. The Details: Shimmick made the announcement after the closing bell Tuesday and said the project aims to control the taste and odor of raw water supplied to the Sunol Valley Water Treatment Plant. The prime contract, valued at $234,.7 million, was awarded to J.F. Shea Construction, Inc. by the San Francisco Public Utilities Commission on May 14, 2024. Shimmick’s scope of work includes installing high-voltage power systems, and instrumentation and controls for the n
4 - Shimmick Corp (0001887944) (Issuer)
4 - Shimmick Corp (0001887944) (Issuer)
4 - Shimmick Corp (0001887944) (Issuer)
IRVINE, Calif., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Shimmick Corporation ("Shimmick") (NASDAQ:SHIM), a leading water infrastructure company, today announced that the company will release its third quarter 2024 results before market open on Tuesday, November 12, 2024, to be followed by a conference call at 8:30 a.m. (Eastern Time) on the same day. The conference call can be accessed live over the phone by dialing (877)-869-3847 (domestic) or (201)-689-8261 (international). A telephonic replay will be available approximately three hours after the call by dialing (877)-660-6853, or for international callers, (201)-612-7415. The passcode for the live call and the replay is 13749091. The replay
IRVINE, Calif., Aug. 13, 2024 (GLOBE NEWSWIRE) -- Shimmick Corporation ("Shimmick") (NASDAQ:SHIM), a leading water infrastructure company, today updated their earnings call date to review its earnings results on Friday, August 16, 2024 beginning at 8:30am ET. The call had previously been scheduled for Thursday, August 15, 2024. The Company will release its second quarter 2024 results after the market close on Thursday, August 15, 2024, as originally planned. The conference call can be accessed live over the phone by dialing (877)-869-3847 (domestic) or (201)-689-8261 (international). A telephonic replay will be available approximately three hours after the call by dialing (877)-660-6853,
IRVINE, Calif., Aug. 09, 2024 (GLOBE NEWSWIRE) -- Shimmick Corporation ("Shimmick") (NASDAQ:SHIM), a leading water infrastructure company, today announced that the company will release its second quarter 2024 results after the market close on Thursday, August 15, 2024, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day. The conference call can be accessed live over the phone by dialing (877)-869-3847 (domestic) or (201)-689-8261 (international). A telephonic replay will be available approximately three hours after the call by dialing (877)-660-6853, or for international callers, (201)-612-7415. The passcode for the live call and the replay is 13748447. The rep