Shimmick Corporation Forecasts 2026 Adjusted EBITDA of $20M-$25M and Revenue of $500M-$525M
Shimmick Corporation (SHIM) has reached a significant financial milestone, reporting its first positive GAAP net income in 12 quarters. CEO Ural Yal characterized the third quarter as an important operating and financial inflection point for the company. Looking ahead to fiscal year 2026, Shimmick provided updated guidance, forecasting adjusted EBITDA in the range of $20 million to $25 million. While profitability is expected to rise, the company has narrowed its revenue outlook to between $500 million and $525 million.
Tickers: $SHIM
Topics: financial performance GAAP net income quarterly earnings