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Shimmick reports Q4 adjusted EPS (59c) vs (68c) last year

Reports Q4 revenue $138M vs $186M last year. “We are executing on our strategy as we laid out in our IPO by focusing on higher quality, shorter duration projects with improved margins. We are making progress on completing the legacy jobs and are focused on selectively bidding jobs that achieve our targeted gross margins,” said Steve Richards, Chief Executive Officer of Shimmick.

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