Shimmick reports Q1 adjusted EPS (22c) vs ($1.15) last year

Reports Q1 revenue $122M vs $120M last year. “Our business model continues to prove resilient amid broader macroeconomic factors such as tariffs and supply chain pressures, reflecting both the strength of our disciplined approach and execution of our long-term strategy. We have a robust backlog, supported by a strong 12-month bidding outlook that reflects the quality of our pipeline and the competitiveness of our offerings. Notably, we are seeing heightened demand and opportunities in electrical, water and environmental infrastructure sectors – areas where we bring deep technical expertise and a strong track record of performance. These segments remain critical to national priorities and are benefiting from public and private investments, positioning us well for continued growth,” said Ural Yal, Chief Executive Officer of Shimmick (SHIM).