Shimmick Corporation (SHIM) Reports Q4 Loss, Lags Revenue Estimates
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Shimmick Corporation (SHIM) reported a Q4 loss of $0.91 per share, missing the Zacks Consensus Estimate of a $0.29 loss. This is a larger loss compared to $0.59 per share a year ago.
March 13, 2025 | 10:30 pm
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Shimmick Corporation reported a larger-than-expected Q4 loss of $0.91 per share, missing the Zacks Consensus Estimate of a $0.29 loss. This indicates a worsening financial performance compared to the previous year.
The reported loss per share of $0.91 is significantly worse than the expected loss of $0.29, indicating a negative surprise in earnings. This is likely to lead to a short-term negative impact on SHIM's stock price as investors react to the larger-than-expected loss.
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