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Shimmick Corp (SHIM) Q3 2025 Earnings Call Highlights: Strategic Shifts Drive Core Growth ... [Yahoo! Finance]

Shimmick Corporation (SHIM) 
Company Research Source: Yahoo! Finance
For the complete transcript of the earnings call, please refer to the full earnings call transcript Positive Points Shimmick Corp ( NASDAQ:SHIM ) reported a 6% year-over-year increase in revenue from core projects, indicating successful strategic shifts. The company achieved a significant improvement in gross margin on core projects, up 67% from the previous year. Shimmick Corp ( NASDAQ:SHIM ) has a strong liquidity position with $48 million at the end of the third quarter. The company reported a book-to-burn ratio of 1.7, the highest in two years, reflecting strong backlog growth. Shimmick Corp ( NASDAQ:SHIM ) is seeing robust bidding activity, with a 12-month outlook of over $9 billion, particularly in water and electrical projects. Negative Points Total revenue for the third quarter decreased by 15% compared to the same period last year, primarily due to a one-time favorable claim settlement in 2024. The company reported a net loss of $4 million for the quarter, Show less Read more
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