Shimmick Corporation (SHIM) Reports Q1 Loss, Tops Revenue Estimates

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 ...