Shimmick Corporation reported earnings results for the first quarter ended March 29, 2024. For the first quarter, the company reported sales was USD 120.04 million compared to USD 164.11 million a year ago. Net loss was USD 33.33 million compared to USD 9.34 million a year ago.

Basic loss per share from continuing operations was USD 1.3 compared to USD 0.43 a year ago. Diluted loss per share from continuing operations was USD 1.3 compared to USD 0.43 a year ago.