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AECOM (ACM) Q3 Earnings Surpass Estimates, Backlog Up Y/Y
ZACKS· 2024-08-06 15:41
AECOM (ACM) posted decent third-quarter fiscal 2024 results, with earnings surpassing the Zacks Consensus Estimate. On a year-over-year basis, the top and the bottom line increased, backed by solid organic growth in net service revenues (NSR) in its reportable segments.Shares of the technical and management support services provider rose 4.2% in the after-hours trading session on Aug 5, post-earnings release. Positive investor sentiments were observed as the company raised its earnings forecast for the fisc ...
AECOM(ACM) - 2024 Q3 - Quarterly Results
2024-08-05 20:12
Exhibit 99.1 Press Release Investor Contact: | --- | |-------------------------------------------| | Will Gabrielski | | Senior Vice President, Finance, Treasurer | | 213.593.8208 | | William.Gabrielski@aecom.com | | --- | |--------------------------------| | Media Contact: | | Brendan Ranson-Walsh | | Senior Vice President, Global | | Communications | | 213.996.2367 | | Brendan.Ranson-Walsh@aecom.com | AECOM reports third quarter fiscal 2024 results · Increased earnings guidance for fiscal 2024 · Delivered ...
ACM Research Enters Fan-out Panel Level Packaging Market with Introduction of Ultra C vac-p Flux Cleaning Tool for Chiplets
GlobeNewswire News Room· 2024-07-29 20:05
FREMONT, Calif., July 29, 2024 (GLOBE NEWSWIRE) -- ACM Research, Inc. (ACM) (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging applications, today announced the Ultra C vac-p flux cleaning tool for fan-out panel-level packaging (FOPLP). Utilizing vacuum technology, the new tool efficiently removes flux residues from chiplet structures. ACM also announced today it received a purchase order from a major China semiconductor manufacturer which h ...
ACM Research Appoints Howard Chen as General Counsel and Vice President of Corporate Strategy
GlobeNewswire News Room· 2024-07-29 20:05
FREMONT, Calif., July 29, 2024 (GLOBE NEWSWIRE) -- ACM Research, Inc. (“ACM”) (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging applications, today announced the appointment of Howard Chen as General Counsel and Vice President of Corporate Strategy, effective July 1, 2024. ACM’s President and Chief Executive Officer Dr. David Wang, commented, "I am pleased to welcome Howard Chen to the ACM team. His legal knowledge and industry insight will ...
Aecom Technology (ACM) Earnings Expected to Grow: Should You Buy?
ZACKS· 2024-07-29 15:07
The market expects Aecom Technology (ACM) to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on August 5, 2024, might help the stock move higher if these key numbers are ...
AECOM: Good Growth Prospects And Attractive Valuation
Seeking Alpha· 2024-07-24 00:53
JHVEPhoto/iStock Editorial via Getty Images Investment Thesis AECOM (NYSE:ACM) is well-positioned to continue delivering good growth ahead. The company's revenue growth should benefit from a healthy backlog of $23.7 billion. In addition, increasing PFAS-related work, the company's exposure to high-growth markets, and healthy infrastructure investments globally should also increase revenue growth. On the margin front, the company should benefit from improving international margins, operating leverage, and co ...
AECOM (ACM) Secures Portage Bay Bridge Project Contract
ZACKS· 2024-06-21 14:35
AECOM (ACM) has been selected as the Lead Designer for the Washington State Department of Transportation's (“WSDOT”) SR 520 Portage Bay Bridge and Roanoke Lid Project. This project, led by Skanska as part of a design-build team, aims to replace the aging Portage Bay Bridge and add a landscaped lid segment in Seattle's North Capitol Hill neighborhood.The project should bring significant improvements to commuters traveling across Lake Washington and through the SR 520 corridor. New ramps, seismically resilien ...
Aecom (ACM) Upgraded to Buy: Here's What You Should Know
ZACKS· 2024-06-19 17:01
Aecom Technology (ACM) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.The power of a changing ea ...
AECOM (ACM) Secures Major Southern Water AMP8 Service Contracts
ZACKS· 2024-06-13 16:37
AECOM (ACM) , a leading infrastructure consulting firm, has been awarded key contracts by Southern Water, a major UK water utility, to support its most ambitious business plan so far. The contracts span two significant lots under the Professional Services Framework, preparing for the UK's Asset Management Plan Period 8 (AMP8) from 2025 to 2030.Under Lot 1, AECOM will provide comprehensive asset management and advisory services, teaming up with sub-consultant partners Arcadis and AliumBlue. This collaboratio ...
AECOM (ACM) Wins Contract for Ukraine Hydropower Restoration
ZACKS· 2024-06-12 16:45
AECOM (ACM) has announced a partnership with Ukrhydroenergo, Ukraine’s primary hydropower generating company, to support the restoration and enhancement of the nation’s hydropower infrastructure. This collaboration, finalized during the 2024 Ukraine Recovery Conference in Berlin, underscores AECOM’s pivotal role in Ukraine’s ongoing recovery efforts.Shares of ACM gained 0.3% during the trading session on Jun 11, 2024.Hydropower is crucial for Ukraine’s energy stability, and AECOM’s extensive expertise in th ...