How does the Q2 performance compare to the same quarter in 2024 and to the prior quarter (Q1 2025)?

Fundamental comparison – The Q2‑2025 filing (ended July 4) is the first set of numbers we have for the current fiscal year, so the key yardsticks are year‑over‑year (Q2‑2024) and sequential (Q1‑2025) growth. Historically, Shimmick has posted double‑digit revenue expansion in its water‑infrastructure and climate‑resilience franchises, and analysts have been looking for a lift in both top‑line and adjusted EBITDA as the firm capitalises on the energy‑transition pipeline. If Q2‑2025 shows revenue beating Q2‑2024 by more than 10 % and adjusted EPS improving by a comparable margin, the results would signal that the company is successfully converting its backlog into billings and that its pricing power remains intact. Conversely, a flat‑to‑modest increase (≤3 %) or a contraction would raise concerns about project‑delay risk or competitive pressure, especially given the tightening of capital‑expenditure budgets in municipal water programs.

Technical & trading implications – The stock has been trading in a tight 20‑day range around the $22‑$24 band since the Q1‑2025 release, with the 50‑day moving average sitting just below current price and RSI hovering near 55. A robust YoY beat would likely trigger a breakout above the $24 resistance, giving a bullish bias for short‑to‑medium‑term buyers; a confirmation candle above the 200‑day MA would add further conviction. On the downside, a weaker sequential result (Q1‑2025 to Q2‑2025 decline) could see price retest the $20 support, inviting profit‑taking and potential short‑cover‑rallies if volume spikes. In practice, look for a post‑release price move of at least 2 % with accompanying volume above the 30‑day average as a trigger for entering a position—long if the beat is material, short if the numbers miss expectations or guidance is trimmed. Keep a stop just below the recent swing low (≈$20.5) for longs and above the swing high (≈$25) for shorts to manage risk.