{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-071493","form_type":"8-K","ticker":"SHIM","cik":"0001887944","company_name":"Shimmick Corp","filed_at":"2023-12-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.301671+00:00","generated_at":"2026-06-07T10:51:37.860068+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Shimmick Q3 2023: Net income $35M, adjusted EBITDA $42M, backlog $1.2B","bullets":["Revenue $175M (-5% YoY); gross margin expanded 260 bps to 10.0%.","Diluted EPS $1.58; adjusted diluted EPS $1.67.","Adjusted net income $37M (+70% YoY); adjusted EBITDA $42M (+63% YoY).","Backlog $1.2B as of Sept 29, 2023, driven by higher-margin water projects.","CEO cites successful IPO and improved job-bidding strategy for profitability."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-071493","json":"https://secwatch.observer/filing/0000950170-23-071493.json","markdown":"https://secwatch.observer/filing/0000950170-23-071493.md","text":"https://secwatch.observer/filing/0000950170-23-071493.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1887944/000095017023071493/0000950170-23-071493-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1887944/000095017023071493/shim-20231219.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T10:51:37.860068+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"c38dfe6125f2f706ef40849ec64d9ef00b7723b1","claim":"Shimmick Corp reported the third quarter ended September 29, 2023 results: revenue $175 million, net income $35 million, EPS $1.58.","evidence_excerpt":"Shimmick Corp. Announces Third Quarter 2023 Results Third Quarter 2023 Financial Highlights • Revenue of $175 million • Net income attributable to Shimmick of $35 million • Diluted earnings per common share of $1.58","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1887944/000095017023071493/0000950170-23-071493-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended September 29, 2023"},{"label":"Revenue","value":"$175 million"},{"label":"Net income","value":"$35 million"},{"label":"EPS","value":"$1.58"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}