Shimmick Corp

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Shimmick Corp. engages in the provision of water and other critical infrastructure solutions. The company was founded in 1990 and is headquartered in Irvine, CA.

Strengthens financial position, setting up the Company for future growth and success Board expands to include new Independent Director and new Committee focused on the long-term value creation IRVINE, Calif., May 20, 2024 (GLOBE NEWSWIRE) -- Shimmick Corporation (“Shimmick” or the “Company”) (Nasdaq: SHIM), a leading water infrastructure company, today announced that it has taken several key actions to enhance liquidity and deliver on its transformation into a water infrastructure company.

Shimmick Takes Pivotal Steps to Further Advance Evolution as Leader in Water Infrastructure

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Shimmick Corporation (“Shimmick” or the “Company”) (NASDAQ: SHIM) investors concerning the Company's possible violations of the federal securities laws. If you suffered a loss on your Shimmick investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securitie.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Shimmick Corporation (SHIM) on Behalf of Investors

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Shimmick Corporation (“Shimmick” or the “Company”) (NASDAQ: SHIM) investors concerning the Company's possible violations of federal securities laws. On May 13, 2024, Shimmick disclosed that it was unable to timely file its Quarterly Report for the first quarter 2024 “as a result of ongoing negotiations with the lender under the Company's Revolving Credit Facility Agreement” and that the Compan.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Shimmick Corporation (SHIM) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Shimmick Corporation (“Shimmick” or the “Company”) (NASDAQ: SHIM) on behalf of investors concerning the Company's possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. On May 13, 2024, Shimmick disclosed that it was unable to timely file its Quarterly Report for the first quarter 2024 “as a result of ongoing negotiations with the lender.

The Law Offices of Frank R. Cruz Announces Investigation of Shimmick Corporation (SHIM) on Behalf of Investors

IRVINE, Calif., May 13, 2024 (GLOBE NEWSWIRE) -- Shimmick Corp. (NASDAQ: SHIM), a leading water infrastructure company, today announced financial results for the first quarter ended March 29, 2024.

Shimmick Corporation Announces First Quarter 2024 Results

IRVINE, Calif., May 09, 2024 (GLOBE NEWSWIRE) -- Shimmick Corporation (“Shimmick”) (Nasdaq: SHIM), a leading water infrastructure company, today announced that the company will release its first quarter 2024 results after the market close on Monday, May 13, 2024, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day.

Shimmick Corporation Announces First Quarter 2024 Earnings Release Date and Conference Call

Shimmick realized significant progress with 24% growth in Shimmick Projects, with gross margin of 7% Shimmick realized significant progress with 24% growth in Shimmick Projects, with gross margin of 7%

Shimmick Corporation Announces Fourth Quarter and Fiscal Year 2023 Results

IRVINE, Calif., March 26, 2024 (GLOBE NEWSWIRE) -- Shimmick Corporation (“Shimmick”) (Nasdaq: SHIM), a leading water infrastructure company, today announced that the company will release its fourth quarter and fiscal year 2023 results before the market open on Thursday, March 28, 2024, to be followed by a conference call at 8:30 a.m. (Eastern Time) on the same day.

Shimmick Corporation Announces Fourth Quarter and Fiscal Year 2023 Earnings Release Date and Conference Call

Third Quarter 2023 Financial Highlights Revenue of $175 million Net income attributable to Shimmick of $35 million Diluted earnings per common share of $1.58 Adjusted net income of $37 million Adjusted diluted earnings per common share of $1.67 Adjusted EBITDA of $42 million Backlog of $1.2 billion as of September 29, 2023 IRVINE, Calif., Dec. 19, 2023 (GLOBE NEWSWIRE) -- Shimmick Corp. (Nasdaq: SHIM), a leading water infrastructure company, today reported financial results for the third quarter ended September 29, 2023.

Shimmick Corp. Announces Third Quarter 2023 Results

IRVINE, Calif., Dec. 15, 2023 (GLOBE NEWSWIRE) -- Shimmick Corporation (“Shimmick”) (Nasdaq: SHIM), a leading water infrastructure company, today announced the appointment of Joe Del Guercio to the Company's Board of Directors (the “Board”), effective on December 14, 2023.

Shimmick Corporation Appoints Joe Del Guercio to Board of Directors

IRVINE, Calif., Dec. 11, 2023 (GLOBE NEWSWIRE) -- Shimmick Corporation (“Shimmick”) (Nasdaq: SHIM), a leading water infrastructure company, today announced that the company will release its third quarter 2023 results after the market close on Tuesday, December 19, 2023, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day.

Shimmick Corporation Announces Third Quarter 2023 Earnings Release Date and Conference Call

DDC Enterprise Ltd

Global Lights Acquisition Corp

Richtech Robotics Inc

Smith Douglas Homes Corp

Signing Day Sports Inc

ZEEKR Intelligent Technology Holding Ltd

Four smaller IPOs priced this past week, joined by one SPAC. The biggest news came from the pipeline, with product assessment services provider UL Solutions filing for an estimated $1 billion IPO, followed by a sizable filing from metabolic disease biotech Carmot Therapeutics. The IPO calendar looks quiet for the Thanksgiving week, although some small issuers may join last minute.

U.S. IPO Weekly Recap: Smaller Deals Slip Through The IPO Window Before The Thanksgiving Break

Shimmick Corp. SHIM, , a California construction company that specializes in public water infrastructure, has become the latest company to flounder in its trading debut, even after it downsized its IPO and priced below range. The company's deal priced at $7 a share on Monday, compared with a proposed price range of $10 to $12.

Shimmick Corp. is latest IPO to fail to reach issue price

IRVINE, Calif., Nov. 13, 2023 (GLOBE NEWSWIRE) -- Shimmick Corporation (“Shimmick”), a leading water infrastructure company, today announced the pricing of its initial public offering of 3,575,000 shares of its common stock at a price to the public of $7 per share. Shimmick has also granted the underwriters in the offering a 30-day option to purchase up to an additional 536,250 shares at the initial public offering price, less underwriting discounts and commissions.

Shimmick Corporation Announces Pricing of Initial Public Offering

Ai Transportation Acquisition Corp

Agriculture & Natural Solutions Acquisition Corp

Cargo Therapeutics Inc

Fibrobiologics Inc

Globavend Holdings Ltd

Hamilton Insurance Group Ltd

Three IPOs and two SPACs debuted this week, while the pipeline got a boost from a flurry of initial filings. Oncology biotech CARGO Therapeutics priced at the bottom of the range to raise $281 million at a $611 million market cap. Reinsurer and specialty insurance provider Hamilton Group priced below the range to raise $225 million at a $1.7 billion market cap.

U.S. IPO Weekly Recap: Reinsurance And CAR T Therapies Lead A 3 IPO Week

Alpha Technology Group Ltd

Renaissance IPO ETF

Renaissance International IPO ETF

Kenvue

Lexeo Therapeutics Inc

Neo-Concept International Group Holdings Ltd

Pineapple Financial Inc

Palantir Technologies

Two IPOs are currently scheduled for the week ahead, although some small issuers may join the calendar late. As of 11/2/2023, the Renaissance IPO Index was up 23.5% year-to-date, while the S&P 500 was up 14.0%. Renaissance Capital's IPO ETF tracks Renaissance IPO Index, and top ETF holdings include Palantir Technologies and Kenvue.

U.S. IPO Weekly Recap: Biotech Lexeo Stumbles After $100 Million IPO

Shimmick Corporation has filed proposed terms to raise approximately $50 million in an IPO to sell its common stock. The company provides construction services for water and related infrastructure projects in the U.S. The firm's revenue growth is slowing, and it is generating very high operating cash burn.

IPO Update: Shimmick Corporation Proposes Terms For $50 Million IPO

Shimmick Corp. SHIM, , a water treatment company, set terms for its initial public offering on Tuesday with plans to offer 4.55 million shares, priced at $10 to $12 each. The company would raise $54.6 million at the top of that range at a valuation of $318 million.

Water treatment company Shimmick to offer 4.55 million shares in IPO priced at $10 to $12 each

News for Shimmick Corp Stock (SHIM)