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Shimmick Corporation cuts revenue guidance for third consecutive quarter despite improved profitability

Earnings Whispers · ·by G4L

SHIM
SHIM Shimmick Corp
$3.25 +38.89%
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  1. 1Shimmick Corporation reported third-quarter revenue of $135.8 million.
  2. 2Shimmick Corporation's third-quarter revenue missed the $143.3 million consensus by 5.2%.
  3. 3Management has cut annual revenue guidance for the third consecutive quarter.

So what's the key point?

Shimmick Corporation's third-quarter revenue was 5.2% lower than what experts expected. Management has lowered its revenue outlook for the year for the third straight quarter.

Source Earnings Whispers · View original ↗

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