Shimmick (SHIM) - 2023 Q4 - Annual Results

Exhibit 99.1 Shimmick Corporation Announces Fourth Quarter and Fiscal Year 2023 Results Shimmick realized significant progress with 24% growth in Shimmick Projects, with gross margin of 7% Irvine, CA, March 28, 2024 – 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 "We are executing on our strategy as we laid out in our IPO by focusing on higher quality, shorter duration projects ...