Shimmick Reaffirms $600M Revenue Target as Backlog Hits $944M

Shimmick (SHIM) has provided a critical update for investors tracking the North American infrastructure and water management sectors. By reaffirming its 2026 fiscal guidance, the company maintains its trajectory for revenue between $550 million and $600 million, alongside an adjusted EBITDA range of $15 million to $30 million. Perhaps most significant for market analysts is the expansion of the company’s backlog, which has climbed to $944 million. This figure represents…