Shimmick has recently received electrical contracts totaling $42 million, with total electrical work under contract exceeding $380 millionIRVINE, Calif., June 23, 2025 (GLOBE NEWSWIRE) -- Shimmick Corporation (“Shimmick” or the “Company”) (Nasdaq: SHIM), a national leader in complex infrastructure solutions, is proud to announce the launch of Axia Electric LLC (Axia Electric), a dedicated electrical subsidiary designed to meet growing market demand for specialized, high-performance electrical and power dist ...

Shimmick Corporation (SHIM) came out with a quarterly loss of $0.22 per share versus the Zacks Consensus Estimate of a loss of $0.31. This compares to loss of $1.15 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 29.03%. A quarter ago, it was expected that this company would post a loss of $0.29 per share when it actually produced a loss of $0.91, delivering a surprise of -213.79%.Over the last four quarters, the company has s ...

Shimmick Corporation (SHIM) Q1 2025 Earnings Call May 14, 2025 05:00 PM ET Company Participants Anthony Rasmus - Investor RelationsUral Yal - CEO & DirectorTodd Yoder - CFO Conference Call Participants Aaron Spychalla - Research Analyst Anthony Rasmus Good afternoon, and thank you for joining us today on today's conference call to discuss Shimick's first quarter twenty twenty five results. Slides for today's presentation are available on the Investor Relations section of our website, www.shimick.com. During ...

Shimmick Corporation (SHIM) Q1 2025 Earnings Call May 14, 2025 05:00 PM ET Speaker0 Good afternoon, and thank you for joining us today on today's conference call to discuss Shimick's first quarter twenty twenty five results. Slides for today's presentation are available on the Investor Relations section of our website, www.shimick.com. During this call, management will make forward looking statements based on current expectations and assumptions, which are subject to risks and uncertainties. Actual results ...

Earnings Presentation First Quarter 2025 May 2025 Delivering Sustainable Infrastructure Solutions Disclaimer This presentation is being delivered on behalf of Shimmick Corporation (the "Company"). The sole purpose of this presentation is to provide information in connection with a review of the Company's operations and/or financial status. This presentation does not purport to be all-inclusive or to contain all of the information that prospective investors may desire in reviewing the Company. Other than sta ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 4, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | | Trading | | | --- | --- | --- | | Title of each class | Symbol(s) | Name of each exchange on which registered | | Common Stock, par value $0.01 per share | SHIM | NASDAQ | Indicate by chec ...

Exhibit 99.1 Shimmick Corporation Announces First Quarter 2025 Results Irvine, CA, May 14, 2025 – Shimmick Corp. (NASDAQ: SHIM), a leading infrastructure solutions provider in water, climate resilience, energy transition and sustainable transportation, today announced financial results for the first quarter ended April 4, 2025. Highlights "Our business model continues to prove resilient amid broader macroeconomic factors such as tariffs and supply chain pressures, reflecting both the strength of our discipl ...

IRVINE, Calif., May 14, 2025 (GLOBE NEWSWIRE) -- Shimmick Corp. (NASDAQ: SHIM), a leading infrastructure solutions provider in water, climate resilience, energy transition and sustainable transportation, today announced financial results for the first quarter ended April 4, 2025. Highlights Reported revenue of $122 million, which includes $93 million of Shimmick Projects revenueReported gross margin of $5 million, as compared to gross margin of $(16) million during the first quarter of 2024Reported selling, ...

Company Announcement - Shimmick Corporation will release its first quarter 2025 financial results after market close on May 14, 2025 [1] - A video webcast conference call to discuss the results will be held at 5:00 p.m. Eastern Time on the same day [2] Company Overview - Shimmick is a leading infrastructure solutions provider specializing in complex projects related to water, climate resilience, energy transition, and sustainable transportation [3] - The company integrates technical excellence with collaborative project delivery methods to provide innovative, technology-driven infrastructure solutions [3] - Shimmick has a track record spanning over a century and is headquartered in California [3]

Core Points - Shimmick Corporation has appointed Todd Yoder as Executive Vice President and Chief Financial Officer, effective April 14, 2025, while Amanda Mobley has been appointed Chief Accounting Officer [1][2][3] Group 1: Leadership Changes - Todd Yoder brings extensive financial leadership experience from the construction industry and has held senior finance roles at publicly traded companies, making him a valuable addition to Shimmick's executive team [2] - Amanda Mobley, who served as interim CFO since June 2024, has been recognized for her contributions during a transformative period for the company and will continue to support the finance department in her new role [3] Group 2: Company Overview - Shimmick Corporation is a leading provider of infrastructure solutions, focusing on complex projects in water, climate resilience, energy transition, and sustainable transportation [4] - The company integrates technical excellence with collaborative project delivery methods to offer innovative, technology-driven infrastructure solutions that promote economic growth and empower communities [4]