Shimmick CORP
Market Movers (8-K)
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Shimmick CORPShimmick Corporation announced the results of its 2026 Annual Meeting of Stockholders, including the election of directors and ratification of its independent auditor.
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Shimmick CORPShimmick Corporation successfully closed a public offering of common stock, raising approximately $14.0 million in net proceeds.
Capital raise
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Shimmick CORPShimmick Corporation reported a net loss of $4 million for Q1 2026, with revenue down to $88 million, but saw significant gross margin improvement driven by its core projects and positive Adjusted EBITDA.
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Shimmick CORPShimmick Corporation announced the appointment of Sarah Tacker as Executive Vice President and Chief Operating Officer, effective April 28, 2026, bringing 27 years of construction industry experience.
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Shimmick CORPShimmick Corporation announced significantly improved financial results for Q4 and full fiscal year 2025, driven by growth in Shimmick Projects and positive 2026 guidance.
Capital raise
Better than expected
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Shimmick CORPShimmick Corporation reports strong Q3 2025 operational momentum with a 15% backlog increase and positive Adjusted EBITDA, signaling progress in its strategic transformation.
Quarterly Earnings (10-Q)
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Shimmick CORPShimmick Corporation's Q3 revenue declined by 15% to $141.9 million, with net loss widening to $4.4 million, though nine-month results show significant improvement in core Shimmick Projects and reduced overall net loss.
Delay expected
Worse than expected
Capital raise
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SHIM
Shimmick CORPShimmick Corporation reports significantly reduced net losses and improved gross margins, driven by strategic projects, but faces a new $4.7 billion lawsuit and ongoing internal control weaknesses.
Better than expected
Delay expected
Capital raise
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SHIM
Shimmick CORP10-Q: Shimmick Corporation Reports Q1 2025 Results: Revenue Slightly Up, Losses Narrow Significantly
Shimmick Corporation's Q1 2025 shows a slight revenue increase and a substantial reduction in net losses compared to Q1 2024, driven by strategic project focus and cost management.
Better than expected
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Shimmick CORPShimmick Corporation's Q3 2024 results were significantly impacted by adjustments to legacy projects, including a favorable settlement on the Golden Gate Bridge project, and a one-time ERP system impairment charge.
Worse than expected
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Shimmick CORPShimmick Corporation reported a substantial net loss for the second quarter of 2024, primarily due to a settlement on a legacy project and increased costs on other projects.
Worse than expected
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Shimmick CORP10-Q: Shimmick Corporation Reports Q1 2024 Results with Significant Net Loss Amidst Strategic Shifts
Shimmick Corporation reported a substantial net loss for the first quarter of 2024, driven by decreased revenue and gross margin, while also undergoing strategic changes including the sale of its foundation drilling business.
Worse than expected
Capital raise
Annual Reports (10-K)
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Shimmick CORPShimmick Corporation significantly reduced its net loss and achieved positive gross margin in fiscal year 2025, driven by strategic project shifts, but disclosed material weaknesses in internal controls and a multi-billion dollar lawsuit.
Better than expected
Capital raise
Delay expected
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SHIM
Shimmick CORP10-K: Shimmick Corporation Reports Increased Net Loss in Fiscal Year 2025 Amid Strategic Transformation
Shimmick Corporation reports a significant increase in net loss for fiscal year 2025 as it continues its strategic transformation and addresses challenges from legacy projects.
Worse than expected
Capital raise
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SHIM
Shimmick CORPShimmick Corporation's 10-K filing outlines the structure of its capital stock, including common and preferred shares, and details anti-takeover provisions designed to protect the company.
Insider Trading (Form 4)
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Shimmick CORPDirector Geoffrey E. Heekin of Shimmick Corp reported transactions involving common stock and restricted stock units.
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Shimmick CORPShimmick Corp Director Joseph Del Guercio acquired 100,671 shares of common stock through the conversion of Restricted Stock Units.
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Shimmick CORPChief Operating Officer Sarah Tacker acquired 26,596 shares of Shimmick Corp common stock through the vesting of restricted stock units.
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Shimmick CORPShimmick Corp Chief Operating Officer Sarah Tacker was granted 115,248 restricted stock units as part of an equity compensation package.
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Shimmick CORPShimmick Corp CFO Todd Yoder acquired 132,247 shares through RSU vesting, with 38,728 shares withheld for tax obligations.
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Shimmick CORPShimmick Corp Director and 10% owner Mitchell B. Goldsteen sold 125,000 shares of common stock for $2.86 per share under a pre-arranged trading plan.
Proxy Statements (Def-14A)
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Shimmick CORPShimmick Corporation announces its 2026 Annual Meeting of Stockholders, scheduled for June 2, 2026, to elect directors and ratify the independent auditor.
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Shimmick CORPShimmick Corporation invites stockholders to its virtual Annual Meeting on June 4, 2025, highlighting a transformational 2024 with $480 million in revenue and a focus on long-term growth.
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Shimmick CORPShimmick Corporation is holding a special meeting to seek stockholder approval for the issuance of additional shares of common stock to AECOM, as part of a broader agreement involving a revolving credit facility and mutual release of claims.
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Shimmick CORPShimmick Corporation has amended its proxy statement to include a proposal for the election of Peter Kravitz to its Board of Directors at the upcoming 2024 Annual Meeting of Stockholders.
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Shimmick CORPShimmick Corporation invites stockholders to its first annual meeting on June 5, 2024, to elect directors and ratify the selection of Deloitte & Touche LLP as its independent accounting firm.
Schedule 13G - Passive Investments
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Shimmick CORPSCHEDULE 13G/A: Executive Chairman and GOHO, LLC Disclose 62.5% Beneficial Ownership in Shimmick Corporation
Mitchell B. Goldsteen, Executive Chairman of Shimmick Corporation, and GOHO, LLC have jointly reported beneficial ownership of 62.5% of the company's common stock, totaling 21,478,724 shares.