ACM Research Q2 2023 Earnings Report

ACM Research EPS Results

• Actual EPS: $0.45
• Consensus EPS: $0.07
• Beat/Miss: Beat by +$0.38
• One Year Ago EPS: N/A

ACM Research Revenue Results

• Actual Revenue: $144.58 million
• Expected Revenue: $113.32 million
• Beat/Miss: Beat by +$31.26 million
• YoY Revenue Growth: N/A

ACM Research Announcement Details

• Quarter: Q2 2023
• Date: 8/4/2023
• Time: N/A

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.