Shimmick Corp
For the period ended Jul 4, 2025. Filed Aug 14, 2025.
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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.
Jul 4, 2025 · Filed Aug 14, 2025
SHIM$2.29-1.7%Stored close · as of Nov 10, 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 | Six Months Ended | |||
|---|---|---|---|---|
| July 4, | June 28, | July 4, | June 28, | |
| 2025 | 2024 | 2025 | 2024 | |
| Revenue | $128,402 | $90,605 | $250,512 | $210,648 |
| Cost of revenue | 120,273 | 121,736 | 237,687 | 257,639 |
| Gross margin | 8,129 | (31,131) | 12,825 | (46,991) |
| Selling, general and administrative expenses | 15,041 | 18,723 | 29,409 | 34,891 |
| Total operating expenses | 15,041 | 18,723 | 29,409 | 34,891 |
| Equity in (loss) earnings of unconsolidated joint ventures | (187) | (1,854) | 539 | (1,591) |
| Gain on sale of assets | 4 | 3,714 | 70 | 3,688 |
| Loss from operations | (7,095) | (47,994) | (15,975) | (79,785) |
| Interest expense | 1,313 | 1,496 | 2,313 | 2,393 |
| Other (income) expense, net | (42) | 1,899 | (152) | 2,545 |
| Net loss before income tax | (8,366) | (51,389) | (18,136) | (84,723) |
| Income tax expense | — | — | — | — |
| Net loss | (8,366) | (51,389) | (18,136) | (84,723) |
| Net income (loss) attributable to non-controlling interests | 159 | — | 159 | (1) |
| Net loss attributable to Shimmick Corporation | $(8,525) | $(51,389) | $(18,295) | $(84,722) |
| Net loss attributable to Shimmick Corporation per common share | ||||
| Basic | $(0.25) | $(1.83) | $(0.53) | $(3.16) |
| Diluted | $(0.25) | $(1.83) | $(0.53) | $(3.16) |
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