Shimmick Corporation Announces Fourth Quarter and Fiscal Year 2023 Results [Yahoo! Finance]
Shimmick Corporation (SHIM)
Company Research
Source: Yahoo! Finance
IRVINE, Calif., March 28, 2024 (GLOBE NEWSWIRE) -- Shimmick Corp. (NASDAQ: SHIM), a leading water infrastructure company, today announced financial results for the fiscal year ended December 29, 2023. Fiscal Year 2023 Highlights Completed Initial Public Offering in November 2023 Reported revenue of $633 million, which includes $434 million of Shimmick Projects revenue, an increase of 24% for fiscal year 2023 compared to fiscal year 2022 Diluted earnings per common share of $(0.11) Adjusted diluted earnings per common share of $0.48 Backlog of approximately $1.1 billion as of December 29, 2023, and reported an 18% increase in Shimmick Projects backlog for the fiscal year 2023 compared to fiscal year 2022 Secured key $200+ million project win on regional water reclamation expansion Maintained outstanding safety record for the fiscal year “We are executing on our strategy as we laid out in our IPO by focusing on higher quality, shorter duration projects with improved m
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SHIM
News
- Shimmick Co. (NASDAQ: SHIM) was downgraded by analysts at Roth Capital from a "strong-buy" rating to a "hold" rating.MarketBeat
- Breaking News: Johnson Fistel, LLP Investigates Shimmick (SHIM) Following Delay of SEC FilingGlobeNewswire
- Shimmick Co. (NASDAQ: SHIM) was downgraded by analysts at Craig Hallum from a "buy" rating to a "hold" rating.MarketBeat
- Shimmick Co. (NASDAQ: SHIM) was downgraded by analysts at Roth Mkm from a "buy" rating to a "neutral" rating. They now have a $3.50 price target on the stock, down previously from $9.00.MarketBeat
- Shimmick Corporation Announces First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
SHIM
Earnings
- 5/13/24 - Miss
SHIM
Sec Filings
- 5/13/24 - Form NT
- 5/13/24 - Form 8-K
- 4/26/24 - Form ARS
- SHIM's page on the SEC website