{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-124590","form_type":"8-K","ticker":"SHIM","cik":"0001887944","company_name":"Shimmick Corp","filed_at":"2024-11-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:10.253645+00:00","generated_at":"2026-05-30T02:17:58.430634+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Shimmick Q3 revenue $166M, net loss $2M; GGB settlement $97M; Ural Yal named CEO","bullets":["Revenue $166M, down from $175M YoY; Shimmick Project revenue $101M with 6% gross margin.","Net loss $2M ($0.05 diluted loss) vs net income $35M in prior year; adjusted net income $24M ($0.72 adjusted EPS).","Golden Gate Bridge project settlement will bring $97M cash before end of 2024; substantial completion expected Q3 2025.","Ural Yal hired as CEO, starting Dec 2, 2024; Steve Richards retiring after 43-year career.","FY 2024 guidance: Shimmick Projects gross margin 4-7% (flat revenue); Legacy Projects revenue $90-95M with negative (40-50)% gross margin."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-124590","json":"https://secwatch.observer/filing/0000950170-24-124590.json","markdown":"https://secwatch.observer/filing/0000950170-24-124590.md","text":"https://secwatch.observer/filing/0000950170-24-124590.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1887944/000095017024124590/0000950170-24-124590-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1887944/000095017024124590/shim-20241112.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T02:17:58.430634+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}