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ACM Research Q1 2024 Earnings Report

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$22.35 -1.04 (-4.45%)
As of 04:00 PM Eastern

ACM Research EPS Results

Actual EPS
$0.30
Consensus EPS
$0.21
Beat/Miss
Beat by +$0.09
One Year Ago EPS
N/A

ACM Research Revenue Results

Actual Revenue
$152.19 million
Expected Revenue
$151.00 million
Beat/Miss
Beat by +$1.19 million
YoY Revenue Growth
N/A

ACM Research Announcement Details

Quarter
Q1 2024
Time
N/A

Conference Call Resources

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ACM Research Earnings Headlines

DOGE tax surprise
Elon Musk's DOGE agents have some very strange plans for the IRS... Recently, it emerged that our tax authorities have bought a powerful new AI supercomputer, worth millions of dollars. It's the most advanced technology offered by AI giant Nvidia. And it's almost certainly going to be used to advance Elon Musk's real agenda with DOGE... the massive, rapid roll out of AI across the entire federal government.
ACM Research Appoints Charlie Pappis to Board
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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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