SHIM
Shimmick Corporation Common Stock·Industrials
3.70
8.189%(−0.33)
Market ClosedLast Updated: — ET
52W L: $1.3652W H: $6.76
SHIM NEWS
globenewswire.com
1d ago
Shimmick Corporation Prices Underwritten Public Offering of Common Stock
IRVINE, Calif., May 22, 2026 (GLOBE NEWSWIRE) -- Shimmick Corporation (NASDAQ: SHIM), a leading infrastructure solutions provider in water, electrical and other critical infrastructure construction services, today announced the pricing of an underwritten public offering of 3,730,000 shares of its common stock at a price of $3.50 per share. The company has also granted to the underwriters a 30-day option to acquire an additional 559,500 shares to cover overallotments in connection with the offering. After the underwriting discount and estimated offering expenses payable by the company, the company expects to receive net proceeds of approximately $12.2 million, assuming no exercise of the overallotment option. The offering is expected to close on May 26, 2026, subject to customary closing conditions.
seekingalpha.com
1d ago
Shimmick Keeps Gaining Projects And Is More Fairly Valued
Shimmick Corporation delivered a positive 1Q26, with record backlog, improved margins, and reaffirmed guidance for substantial revenue and adjusted EBITDA growth this year. SHIM's valuation is more reasonable than before, but remains unattractive at 15–20x optimistic earnings, given ongoing risks inherent to EPC project profitability. Despite strong backlog and margin improvements, sustainability of growth and profitability depends on continued project wins and avoidance of cost overruns.
marketbeat.com
May 15
Shimmick Q1 Earnings Call Highlights
Shimmick NASDAQ: SHIM reported first-quarter 2026 results that management said reflected progress in its strategy to grow core revenue, improve project margins and reduce exposure to non-core work.
seekingalpha.com
May 14
Shimmick Corporation (SHIM) Q1 2026 Earnings Call Transcript
Shimmick Corporation (SHIM) Q1 2026 Earnings Call Transcript
zacks.com
May 14
Shimmick Corporation (SHIM) Reports Q1 Loss, Lags Revenue Estimates
Shimmick Corporation (SHIM) came out with a quarterly loss of $0.07 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to a loss of $0.22 per share a year ago.
globenewswire.com
May 14
Shimmick Corporation Announces First Quarter 2026 Results
IRVINE, Calif., May 14, 2026 (GLOBE NEWSWIRE) -- Shimmick Corp. (NASDAQ: SHIM), a leading infrastructure solutions provider in water, electrical and other critical infrastructure construction services, today announced financial results for the first quarter ended April 3, 2026.
