Shimmick (SHIM) reported a Q1 adjusted loss late Thursday of $0.07 per diluted share, narrowing from a loss of $0.22 a year earlier.
Two analysts polled by FactSet expected a loss of $0.08.
Revenue for the three months ended April 3 was $88 million down from $122 million a year earlier.
Two analysts surveyed by FactSet expected $116.8 million.
The company reaffirmed its full-year 2026 revenue guidance of $550 million to $600 million. Two analysts expect $550.8 million.
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