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SHIM Stock Earnings: Shimmick Misses EPS, Misses Revenue for Q2 2024

SHIM Stock - SHIM Stock Earnings: Shimmick Misses EPS, Misses Revenue for Q2 2024

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Shimmick (NASDAQ:SHIM) just reported results for the second quarter of 2024.

  • Shimmick reported earnings per share of -$1.60. This was below analysts’ EPS estimate of -28 cents.
  • The company reported revenue of $90.61 million.
  • This was 27.02% worse than the analyst estimate for revenue of $124.15 million.

InvestorPlace Earnings is a project that uses data from TradeSmith to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways, including earnings per share and revenue, as well as how a company measures up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers about the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at [email protected].


Print article from InvestorPlace Media, https://investorplace.com/earning-results/2024/08/shim-stock-earnings-shimmick-for-q2-of-2024/.

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