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.

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