Shimmick Corp
For the period ended Mar 29, 2024. Filed May 20, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 29, 2024 · Filed May 20, 2024
SHIM$2.33+0.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
(In thousands, except per share data)
| Three Months Ended | ||
|---|---|---|
| March 29, | March 31, | |
| 2024 | 2023 | |
| Revenue | $120,043 | $164,108 |
| Cost of revenue | 135,903 | 157,886 |
| Gross margin | (15,860) | 6,222 |
| Selling, general and administrative expenses | 15,524 | 15,558 |
| Amortization of intangibles | 644 | 658 |
| Total operating expenses | 16,168 | 16,216 |
| Equity in earnings (loss) of unconsolidated joint ventures | 263 | (541) |
| (Loss) gain on sale of assets | (26) | 1,540 |
| Loss from operations | (31,791) | (8,995) |
| Other expense, net | 1,543 | 338 |
| Net loss before income tax | (33,334) | (9,333) |
| Income tax expense | — | — |
| Net loss | (33,334) | (9,333) |
| Net (loss) income attributable to non-controlling interests | (1) | 4 |
| Net loss attributable to Shimmick Corporation | $(33,333) | $(9,337) |
| Net loss attributable to Shimmick Corporation per common share | ||
| Basic | $(1.30) | $(0.43) |
| Diluted | $(1.30) | $(0.43) |
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