Shimmick Corporation (SHIM) Misses Q1 EPS by 33c, provides guidance

Shimmick Corporation (NASDAQ: SHIM) reported Q1 EPS of ($0.22), $0.33 worse than the analyst estimate of $0.11. Revenue for the quarter came in at $122 million versus the consensus estimate of $176.8 million.

Fiscal Year 2025 Guidance

Shimmick Projects revenue to increase 10% to 15%, with overall gross margin between 9% and 12%
Legacy Projects and Foundations Projects revenue between $50 million and $60 million with gross margin between (5)% and (15)% as we complete these projects
Adjusted EBITDA between $15 million and $25 million.

For earnings history and earnings-related data on Shimmick Corporation (SHIM) click here.

You May Also Be Interested In

• Jernigan Capital (JCAP) Tops Q2 EPS by 5c
• CaliberCos Inc (CWD) Misses Q2 EPS by 43c; Offers Guidance
• HSBC Upgrades Sembcorp Industries (SCI:SP) to Buy