AECOM(ACM)
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Open-Label Extension Data Confirms Sustained Benefit of Acoramidis on Cardiovascular Outcomes, Including Statistically Significant Reduction in ACM Within 36 Months
GlobeNewswire News Room· 2024-11-18 16:15
- Acoramidis demonstrated the earliest known time to separation in cardiovascular outcomes in the ATTRibute-CM study (3 months), with statistically significant risk reduction of 36% on All-Cause Mortality (ACM) alone at Month 36 within the Open Label Extension - The continued curve separation of the composite endpoint of ACM and recurrent cardiovascular-related hospitalizations (CVH) emphasizes the importance of early intervention resulting in early and sustained clinical benefits, with acoramidis demonstra ...
AECOM Gears Up to Report Q4 Earnings: Things to Keep in Mind
ZACKS· 2024-11-15 16:21
AECOM (ACM) is scheduled to report fourth-quarter fiscal 2024 results on Nov. 18, after market close.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.In the last reported quarter, ACM’s earnings beat the Zacks Consensus Estimate by 3.6% and increased 23% year over year. Net sales grew 13% year over year.AECOM’s earnings topped the consensus mark in two of the last four quarters, met on one occasion and missed once, the average surprise being 4.2%.Trend in Estimate RevisionFor the qua ...
ACM Research Reports Third Quarter 2024 Results
GlobeNewswire News Room· 2024-11-07 10:00
FREMONT, Calif., Nov. 07, 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 reported financial results for its third quarter ended September 30, 2024. "I am pleased to report another strong quarter for ACM, with record revenue and shipments, good profitability, and positive cash flow from operations," said ACM’s President and Chief Executive Officer, Dr. David Wang. "We ...
ACM Research Announces Major Performance Breakthrough for Ultra C Tahoe Cleaning Tool for Front-End Semiconductor Manufacturing
GlobeNewswire News Room· 2024-11-07 09:50
FREMONT, Calif., Nov. 07, 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 a major performance breakthrough for its flagship Ultra C Tahoe Cleaning tool. The resulting enhancements are designed to meet demanding technical requirements of advanced nodes for foundry, logic and memory applications. The Ultra C Tahoe now achieves the performance of standalone sin ...
ACM Research: Fear In The Semiconductor Industry Provides An Opportunity
Seeking Alpha· 2024-11-05 05:47
ACM Research (NASDAQ: ACMR ) is a company that develops equipment that plays a key role in the supply chain of semiconductors and is expanding its product offering with new segments. The future looks bright and the valuationMy name is María Fernanda and I am currently studying an MBA. My inspiration investors are Warren Buffett, Peter Lynch and Terry Smith, so I look for quality companies at a reasonable valuation. I believe that, in the long term, fundamentals are what drive the share price, so I look to p ...
ACM Research: A Long-Run Growth Opportunity With Undervalued Potential
Seeking Alpha· 2024-10-21 15:46
As the common saying goes, there are no guarantees in life. However, in the investing world, I think the ability to identify a promising business can be a real competitive advantage. It is quite a delight to find some silentNabeel Bukhari is a law graduate with a specialization in company and corporate law, combined with self-taught expertise in financial analysis. He offers a unique perspective on business dynamics by integrating his legal knowledge with financial insights, making him a valuable asset in t ...
ACM Research to Release Third Quarter 2024 Preliminary Revenue Range on October 30, 2024 and Full Financial Results on November 7, 2024
GlobeNewswire News Room· 2024-10-17 20:05
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 Selected to Support Southern Water's $4.8B Program
ZACKS· 2024-10-10 15:17
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 to Offer Design Services for Segment 3C-4 of the NHHIP
ZACKS· 2024-10-09 17:23
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 ...
ACM Partners With Gorilla & NC Digy for Smart City Development
ZACKS· 2024-10-09 13:10
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]