Shimmick Corp (SHIM) Q3 2024 Earnings Call Highlights: Navigating Challenges with Strategic ... [Yahoo! Finance]
Shimmick Corporation (SHIM)
Company Research
Source: Yahoo! Finance
Adjusted EBITDA: $30 million for Q3 2024, down from $42 million in Q3 2023. Shimmick Project Revenue: $101 million for Q3 2024, down from $110 million in Q3 2023. Shimmick Project Gross Margin: 6% for Q3 2024, compared to 14% in Q3 2023. Legacy Project Revenue: Flat at $54 million for Q3 2024, with a $31 million adjustment for the GGB project settlement. Legacy Project Gross Margin: $8 million for Q3 2024, up from $3 million in Q3 2023. Unrestricted Cash and Cash Equivalents: $26 million as of September 27, 2024. Total Liquidity: $59 million as of September 27, 2024. Backlog: $834 million at the end of Q3 2024, with Shimmick Projects representing 85% of the backlog. Warning! GuruFocus has detected 2 Warning Sign with SHIM. Release Date: November 12, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Shimmick Corp ( NASDAQ:SHIM ) successfully settled its last major outstanding claim related to the Golden Gate
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SHIM
News
- Shimmick Corporation Announces Third Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- Shimmick Corporation Announces Third Quarter 2024 ResultsGlobeNewswire
- Shimmick Announces New CEOGlobeNewswire
- Shimmick Corporation Announces Third Quarter 2024 Earnings Release Date and Conference CallGlobeNewswire
- Shimmick Reaches $97 million Golden Gate Bridge Project SettlementGlobeNewswire
SHIM
Earnings
- 11/12/24 - Beat
SHIM
Sec Filings
- 11/18/24 - Form 8-K
- 11/12/24 - Form 10-Q
- 11/12/24 - Form 8-K
- SHIM's page on the SEC website