Shimmick Corporation Announces Fourth Quarter and Fiscal Year 2023 Results
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Shimmick Corporation (SHIM)
Company Research
Source: GlobeNewswire
IRVINE, Calif., March 28, 2024 (GLOBE NEWSWIRE) -- Shimmick Corp. (NASDAQ: SHIM), a leading water infrastructure company, today announced financial results for the fiscal year ended December 29, 2023. Fiscal Year 2023 Highlights Completed Initial Public Offering in November 2023Reported revenue of $633 million, which includes $434 million of Shimmick Projects revenue, an increase of 24% for fiscal year 2023 compared to fiscal year 2022Diluted earnings per common share of $(0.11)Adjusted diluted earnings per common share of $0.48Backlog of approximately $1.1 billion as of December 29, 2023, and reported an 18% increase in Shimmick Projects backlog for the fiscal year 2023 compared to fiscal year 2022Secured key $200+ million project win on regional water reclamation expansionMaintained outstanding safety record for the fiscal year “We are executing on our strategy as we laid out in our IPO by focusing on higher quality, shorter duration projects with improved ma
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SHIM
News
- Shimmick Announces New Interim CFO to Further Deliver on its Transformation into a Water Infrastructure CompanyGlobeNewswire
- SHIMMICK ALERT: Bragar Eagel & Squire, P.C. is Investigating Shimmick Corporation on Behalf of Shimmick Stockholders and Encourages Investors to Contact the FirmGlobeNewswire
- Shimmick Corporation Investors: Company Investigated by the Portnoy Law FirmGlobeNewswire
- Shimmick Takes Pivotal Steps to Further Advance Evolution as Leader in Water Infrastructure [Yahoo! Finance]Yahoo! Finance
- Shimmick Takes Pivotal Steps to Further Advance Evolution as Leader in Water InfrastructureGlobeNewswire
SHIM
Earnings
- 5/13/24 - Miss
SHIM
Sec Filings
- 6/28/24 - Form 8-K
- 6/28/24 - Form 8-K
- 6/27/24 - Form 4
- SHIM's page on the SEC website