Shimmick Swings to $1M Q3 Net Income, Narrows EBITDA Guidance
Shimmick reported Q3 2026 net income of $1 million, compared with a $4 million loss a year earlier, and diluted EPS of $0.02 versus a $0.12 loss. It narrowed fiscal 2026 adjusted EBITDA guidance to $20 million–$25 million from $15 million–$30 million.
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09:22:05 PM UTC
SquawkNews
Shimmick reported third-quarter 2026 revenue of $136 million and net income of $1 million, its first profitable quarter since Q3 2023. Gross margin was $17 million, while adjusted diluted EPS was $0.08. The company narrowed its full-year adjusted EBITDA guidance and raised its revenue outlook.Finan…
Shimmick reported Q3 2026 net income of $1M versus a $4M loss a year earlier, and diluted EPS of $0.02 versus a $0.12 loss. It narrowed fiscal 2026 adjusted EBITDA guidance to $20M—$25M from $15M—$30M.Material DetailsContext by AI AnalystThis is an early confirmation of the shift toward newer Shimm…