{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-280160","form_type":"8-K","ticker":"SHIM","cik":"0001887944","company_name":"Shimmick Corp","filed_at":"2025-11-13T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.985062+00:00","generated_at":"2026-05-16T20:36:35.965120+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Shimmick Q3 2025 revenue $142M, Adj. EBITDA $4M (first positive in 4 qtrs), backlog up 15% QoQ","bullets":["Revenue $142M; Shimmick Projects revenue $107M (+6% YoY); net loss $4M ($0.12 diluted loss per share).","Adjusted EBITDA $4M (first positive quarter in four) vs $30M in Q3 2024 (which included $17M gain on sale and $11M settlement).","Backlog $754M, up 15% QoQ; book-to-burn ratio 1.7x; $190M in new awards in Q3 2025.","FY2025 guidance reaffirmed: Shimmick Projects revenue $405-415M, consolidated Adj. EBITDA $5-15M; expects revenue at higher end, EBITDA at lower end.","Non-Core revenue $35M vs $65M in Q3 2024 due to prior-year one-time settlement; gross margin improved on Shimmick Projects to 9%."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-280160","json":"https://secwatch.observer/filing/0001193125-25-280160.json","markdown":"https://secwatch.observer/filing/0001193125-25-280160.md","text":"https://secwatch.observer/filing/0001193125-25-280160.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1887944/000119312525280160/0001193125-25-280160-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1887944/000119312525280160/shim-20251113.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T20:36:35.965120+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"}