{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-071379","form_type":"8-K","ticker":"SHIM","cik":"0001887944","company_name":"Shimmick Corp","filed_at":"2025-05-14T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.373808+00:00","generated_at":"2026-05-21T10:33:07.782891+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Shimmick Q1 net loss improves to $10M from $33M; revenue $122M; reaffirms FY 2025 guidance","bullets":["Revenue of $122M (+2% YoY); Shimmick Projects revenue $93M, Legacy/Foundations $29M.","Gross margin improved to $5M (-$16M Q1 2024) driven by $6M Shimmick Projects improvement and no repeat of $14M legacy cost overruns.","Net loss $10M vs $33M YoY; Adjusted EBITDA -$3M vs -$24M; adjusted EPS -$0.22 vs -$1.15.","Backlog ~$740M with over 87% Shimmick Projects; new awards and extensions pending.","FY 2025 guidance: Shimmick Projects revenue +10-15%, overall gross margin 9-12%, Adj. EBITDA $15-25M."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-071379","json":"https://secwatch.observer/filing/0000950170-25-071379.json","markdown":"https://secwatch.observer/filing/0000950170-25-071379.md","text":"https://secwatch.observer/filing/0000950170-25-071379.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1887944/000095017025071379/0000950170-25-071379-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1887944/000095017025071379/shim-20250514.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-21T10:33:07.782891+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"}