Shimmick Corporation Announces First Quarter 2025 Results

IRVINE, Calif., May 14, 2025 (GLOBE NEWSWIRE) -- Shimmick Corp. (NASDAQ: SHIM), a leading infrastructure solutions provider in water, climate resilience, energy transition and sustainable transportation, today announced financial results for the first quarter ended April 4, 2025. Highlights Reported revenue of $122 million, which includes$93 million of Shimmick Projects revenueReported gross margin of $5 million, as compared to gross margin of$(16) million during the first quarter of 2024Reported selling, ...