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ACM Research Q3 2023 Earnings Report

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$17.64 -0.04 (-0.23%)
As of 01/17/2025 04:00 PM Eastern

ACM Research EPS Results

Actual EPS
$0.57
Consensus EPS
$0.34
Beat/Miss
Beat by +$0.23
One Year Ago EPS
$0.40

ACM Research Revenue Results

Actual Revenue
$168.60 million
Expected Revenue
$168.99 million
Beat/Miss
Missed by -$390.00 thousand
YoY Revenue Growth
+26.10%

ACM Research Announcement Details

Quarter
Q3 2023
Time
Before Market Opens

Conference Call Resources

ACM Research Earnings Headlines

ACM Research FY2024 EPS Estimate Increased by Roth Capital
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ACM Research price target raised to $25 from $20 at Roth MKM
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About ACM Research

ACM Research (NASDAQ:ACMR), together with its subsidiaries, develops, manufactures, and sells single-wafer wet cleaning equipment for enhancing the manufacturing process and yield for integrated chips worldwide. It offers space alternated phase shift technology for flat and patterned wafer surfaces, which employs alternating phases of megasonic waves to deliver megasonic energy in a uniform manner on a microscopic level; timely energized bubble oscillation technology for patterned wafer surfaces at advanced process nodes, which provides cleaning for 2D and 3D patterned wafers; Tahoe technology for delivering cleaning performance using less sulfuric acid and hydrogen peroxide; and electro-chemical plating technology for advanced metal plating. The company markets and sells its products under the SAPS, TEBO, ULTRA C, ULTRA Fn, Ultra ECP, Ultra ECP map, and Ultra ECP ap trademarks through direct sales force and third-party representatives. ACM Research, Inc. was incorporated in 1998 and is headquartered in Fremont, California.

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