FREMONT, Calif., Oct. 17, 2024 (GLOBE NEWSWIRE) -- ACM Research, Inc. (“ACM”) (NASDAQ: ACMR) announced today that it will release its preliminary revenue range for the third quarter of 2024 before the U.S. market open on Wednesday, October 30, 2024, to coincide with reporting obligations of ACM Research (Shanghai), Inc., ACM’s principal operating subsidiary, to the Shanghai Stock Exchange. ACM will release its full financial results for the third quarter of 2024 before the U.S. market open on Thursday, Nove ...

AECOM (ACM) is all set to support Southern Water’s $4.8 billion capital delivery program.Per the contract, ACM, along with Pell Frischmann, has been chosen by Kier to provide detailed design services on Lot 1 for non-infrastructure water and Lot 2 for wastewater projects within a Strategic Delivery Partner (SDP) Framework. This initiative, running from 2025 to 2030, focuses on improving water and wastewater infrastructure across the UK during the AMP8 regulatory period.Also, Morrison Water Services, the sec ...

AECOM (ACM) has been selected by the Texas Department of Transportation (TxDOT) for Segment 3C-4 of the North Houston Highway Improvement Project (NHHIP). It will offer design services for the project.The objective of the NHHIP is to expand multi-modal transit options by adding more high-occupancy vehicle lanes to alleviate traffic congestion, enhance commuter safety and improve flood resiliency. Furthermore, this project will enhance and support regional freight mobility, which is vital to Houston’s growth ...

Strategic Partnership and Market Expansion - AECOM has entered into a strategic partnership with Gorilla Technology Group Inc and NC Digy Smart Cities to advance smart city initiatives in Latin America and the United States [1] - The collaboration aims to implement advanced technologies to improve urban infrastructure and enhance quality of life in these regions [1] - The smart cities market in Latin America is rapidly expanding, while the United States is preparing for a new phase of urban development [1] - The initiative is expected to drive significant growth over the next 30-50 years, targeting one of the largest growth opportunities in the Western Hemisphere [1] Latin America Smart City Development - Latin America is experiencing rapid urbanization, with cities seeking to improve efficiency, sustainability, and safety [2] - The smart city market in the region is projected to expand significantly due to government initiatives, a growing urban population, and demand for sustainable solutions [2] - The partnership will introduce advanced security solutions, including enhanced surveillance, AI-driven analytics, and secure data management systems tailored for Latin American cities [2] - AECOM's expertise in infrastructure consulting will ensure the smooth deployment of these technologies, aligning with best practices in urban planning [2] United States Smart City Innovation - In the United States, smart cities are becoming a key focus in urban development, with cities aiming to modernize infrastructure and improve residents' quality of life [3] - The partnership will market Gorilla Technology's advanced AI and cybersecurity solutions, including surveillance, access control, and emergency response systems [3] - These solutions are essential for ensuring safety in urban areas and addressing the security challenges of smart city projects [3] AECOM's Financial Performance and Backlog - AECOM's shares have increased by 25% in the past three months, outperforming the Zacks Engineering - R and D Services industry's 18.2% growth [4] - The company's total backlog as of the fiscal third-quarter end was $23.36 billion, compared to $23.21 billion in the prior-year period [5] - The design business backlog rose 3% to $21.89 billion, driven by a near-record win rate and strong end-market trends [5] - The current backlog level includes 54.8% contracted backlog growth, reflecting robust prospects in each of the company's segments [5] Industry Comparison and Stock Performance - AECOM currently carries a Zacks Rank 3 (Hold) [6] - Frontdoor, Inc (FTDR) has gained 58.2% in the past six months and has a trailing four-quarter earnings surprise of 279% on average [6] - Howmet Aerospace Inc (HWM) has appreciated 57.8% in the past six months and has a trailing four-quarter earnings surprise of 10.9% on average [6] - M-tron Industries, Inc (MPTI) has surged 60.9% in the past six months and has topped earnings estimates in three of the trailing four quarters [7]

. . . | --- | --- | |-----------------------------------------------|-------| | | | | Gorilla Technology, NC Digy Smart Cities LLC, | | | Protactics and AECOM, Announce Strategic | | | Partnership to Advance Smart Cities in Latin | | | America and the United States | | October 08, 2024 8:00 AM EDT | Source: Gorilla Technology Group Inc. London, United Kingdom--(Newsfile Corp. - October 8, 2024) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company") has announced a strategic partnership ...

AECOM (ACM) will provide program management services to Peel Region for the Queen Street Housing Enabling Infrastructure Program (HEIP). The Queen Street HEIP focuses on building essential water and wastewater infrastructure to support housing development in line with Ontario's goal of constructing 1.5 million homes by 2031, as mandated by Bill 23. ACM will plan, design and implement new water and wastewater systems to provide residents with safe and reliable drinking water and wastewater services. With its ...

Building on its ongoing partnership with the City of Edmonton, AECOM (ACM) has been selected as the design partner for the Capital Line South Light Rail Transit Extension project. The company will work with Capital Line Design-Build Ltd., a member of the Ledcor Group, to deliver Phase 1 of the project.The project, located in Alberta, Canada, involves a 4.5-kilometer light rail extension from Century Park to just north of Ellerslie Road. It includes two new stations and a storage and maintenance facility for ...

ACM Research (ACMR) shares have gained 13.9% in the past month, outperforming the broader Zacks Computer and Technology sector's return of 7% and the Zacks Semiconductor Equipment - Material Services industry's appreciation of 12.7%. Over the same time frame, ACMR shares have outperformed its broader sector peers, including Lam Research Corporation (LRCX) , Applied Materials (AMAT) and Analog Devices (ADI) . Shares of Lam Research Corporation, Applied Materials and Analog Devices have gained 4.5%, 7.3% and ...

Dublin, Oct. 02, 2024 (GLOBE NEWSWIRE) -- The "Philippines Data Center Construction Market by Region, Competition, Forecast and Opportunities 2019-2029F" report has been added to ResearchAndMarkets.com's offering.The Philippines Data Center Construction market was valued at USD 298 million in 2023, and is expected to reach USD 539 million by 2029, rising at a CAGR of 10.25%. The market is influenced by factors such as the growing demand for data storage and processing capabilities, advancements in technolo ...

AECOM (ACM) won a contract from the Los Angeles County Metropolitan Transportation Authority (Metro) to provide program management, design and engineering services.Banking on its Sustainable Legacies strategy, ACM will support Metro’s ambitious goal of transitioning its bus fleet to Zero Emission Buses. Also, it will focus on charging infrastructure conceptual design, specification, and procurement. Its expertise will help guide the seamless transition to zero-emission operations, offering innovative soluti ...