Shimmick Corporation (SHIM) Reports Q2 Loss, Tops Revenue Estimates

Shimmick Corporation (SHIM) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to a loss of $1.6 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +12.50%. A quarter ago, it was expected that this company would post a loss of $0.31 per share when it actually produced a loss of $0.22, delivering a surprise of +29.03%. There are no easy answers to this key quest ...