Highest-materiality recent filing
Shimmick stockholders elect all five director nominees, ratify Deloitte & Touche as auditor
Mitchell Goldsteen, Joseph Del Guercio, Geoffrey Heekin, Peter Kravitz, Ural Yal elected with >22M votes each.
Shimmick Corp raises $14M in underwritten public offering of 4.29M shares at $3.50/share
Entered Underwriting Agreement with Roth Capital Partners on May 22, 2026.
Shimmick Q1 revenue $88M, net loss narrows to $4M, backlog hits $944M, reaffirms FY guidance
Q1 revenue $88M (down from $122M YoY); net loss $4M vs $10M loss YoY; adjusted EBITDA $3M vs -$3M YoY
Shimmick appoints Sarah Tacker as EVP and COO effective April 28, 2026
Sarah Tacker named Executive Vice President and Chief Operating Officer, effective April 28, 2026.
Shimmick board member and former CEO Steven Richards to retire at 2026 annual meeting
Steven Richards notified board of retirement effective at end of his term at the 2026 annual meeting.
Shimmick Q4 net loss narrows to $3M; guides FY2026 revenue $550-600M
Q4 2025 revenue $100M ($84M from Shimmick Projects, up 4% YoY); FY2025 revenue $493M.
Shimmick Q3 2025 revenue $142M, Adj. EBITDA $4M (first positive in 4 qtrs), backlog up 15% QoQ
Revenue $142M; Shimmick Projects revenue $107M (+6% YoY); net loss $4M ($0.12 diluted loss per share).
Shimmick enters $7.8M at-the-market stock offering with Roth Capital Partners
Authorized sale of up to $7,800,000 of common stock through Roth Capital as sales agent under ATM agreement dated September 8, 2025.
Shimmick Q2 revenue up 42% to $128M; net loss narrows; lowers FY Adjusted EBITDA guidance to $5-15M
Revenue $128M (+42% YoY); gross margin $8M vs -$31M prior year.
Shimmick stockholders elect six directors and ratify Deloitte as auditor
Elected directors: Mitchell Goldsteen, Joseph Del Guercio, Geoffrey Heekin, Peter Kravitz, Steven Richards, Ural Yal.
Shimmick Q1 net loss improves to $10M from $33M; revenue $122M; reaffirms FY 2025 guidance
Revenue of $122M (+2% YoY); Shimmick Projects revenue $93M, Legacy/Foundations $29M.
Shimmick appoints Todd Yoder as CFO effective April 14; Mobley becomes CAO
Todd Yoder named EVP, CFO and Treasurer, effective April 14, 2025.
Shimmick enters $15M loan agreement at 12.5% with Ansley Park Capital affiliate
Borrowing capacity of $15M via two promissory notes maturing April 1, 2031.
Shimmick Q4 net loss widens to $38M; FY2025 Adj EBITDA guided $15-25M
Q4 revenue $104M (down 25% YoY); net loss $38M vs $17M loss a year ago; Adjusted EBITDA -$27M.
Shimmick approved to transfer stock listing from Nasdaq Global to Capital Market
Received Nasdaq approval on Nov 25, 2024; trading on Capital Market begins Nov 27, 2024.
Shimmick names Ural Yal as new CEO; Steve Richards retires after 43-year career
Ural Yal appointed CEO and Board member effective December 2, 2024; Steve Richards to retire.
Shimmick Q3 revenue $166M, net loss $2M; GGB settlement $97M; Ural Yal named CEO
Revenue $166M, down from $175M YoY; Shimmick Project revenue $101M with 6% gross margin.
Shimmick reaches $97M settlement on Golden Gate Bridge; Q3 prelim results near breakeven
Settlement of Golden Gate Bridge litigation: Shimmick to receive $97M before end of 2024, plus scope reduction of ~$6M.
MidCap Amendment provides $15M borrowing capacity (none drawn), extends maturity to Dec 31, 2024 with 90-day extension option.
Shimmick Q2 net loss $51M on $91M revenue; legacy project settlement drags results
Revenue $91M (down 41% YoY); net loss $51M vs $10M loss; adjusted EBITDA loss $40M.
Shimmick stockholders approve share issuance to AECOM at special meeting
Approval of share issuance to AECOM per Share Issuance Agreement dated May 20, 2024.
Shimmick holds annual meeting; all six director nominees elected, auditor ratified
Mitchell B. Goldsteen, Steven E. Richards, Carolyn L. Trabuco, Geoffrey E. Heekin, J. Brendan Herron, Joseph A. Del Guercio elected as directors with >23.6M votes each.
Shimmick CFO Devin Nordhagen departs; Amanda Mobley named interim CFO
CFO Devin Nordhagen departed June 18, 2024; will assist transition until April 1, 2025 under separation agreement.
Shimmick closes $17.5M sale of foundation drilling assets; repays $10M credit facility
Total consideration $17.5M: $15M cash plus $2.5M promissory note due Dec 27, 2024.
Shimmick settles AECOM lawsuit, issues shares, secures $60M revolver, and appoints new director
Settled AECOM lawsuit; issued 5,144,622 shares (19.99% of outstanding) to AECOM, with up to 2.6M more pending shareholder vote.
Shimmick Q1 net loss $33M on $120M revenue; credit default, going concern risk
Revenue $120M (down 27% YoY); net loss $33M vs $9M loss in Q1 2023.
Shimmick reports FY2023 revenue $633M, adjusted EPS $0.48; provides FY2024 guidance
FY2023 revenue $633M; Shimmick Projects revenue $434M, up 24% YoY; Legacy Projects revenue $199M, down 36%.
On April 28, 2026 (the “Announcement Date”), Shimmick Corporation (the “Company”) announced the appointment of Sarah Tacker as the Company’s Executive Vice President, Chief Operating Officer, effective April 28, 2026.
the appointment of Todd Yoder as the Company’s Executive Vice President, Chief Financial Officer and Treasurer, effective April 14, 2025.
Amanda Mobley will step down from her role as the Company’s Interim Chief Financial Officer and has been appointed to Chief Accounting Officer.
On November 12, 2024, Steve Richards, the Company’s Chief Executive Officer (“CEO”), announced his retirement as Chief Executive Officer of the Company, effective December 2, 2024.
the Company appointed Ural Yal as CEO, effective December 2, 2024.
Mr. Yal will also join the Board of Directors (the "Board") at that time, with the size of the Board increasing from seven members to eight.
In connection with Mr. Nordhagen’s departure, the Company appointed Amanda Mobley, the Company’s Director of Accounting, to serve as the Company’s Interim Chief Financial Officer, effective June 18, 2024.
On June 21, 2024, Shimmick Corporation (the “Company”) announced the departure of Devin J. Nordhagen, Chief Financial Officer, effective June 18, 2024.
on May 20, 2024, the board of directors (the “Board”) increased the size of the Board from six to seven members and appointed Peter Kravitz to serve as an independent director of the Company, effective immediately.
Max materiality 0.85 · Median 0.65 · Most common event earnings