Monty Rakusen I first wrote about my investment thesis on ACM Research (NASDAQ:ACMR) last month. Unfortunately, ACMR’s stock declined quite a bit along with the market sell-off. However, the fundamentals of the business are better than expected, as evidenced by ACMR’s very strong Q2 2024 results. Both revenue and gross margin topped analysts' estimate. ACMR also announced a major new product for the next generation fan-out panel-level packaging, which allows ACMR to further penetrate the AI market. ACMR ...

SweetBunFactory Overview The stock market suffered a heavy correction in the last month. The S&P500 index was down 6%, but it was especially beaten hard by the semiconductor industry, with the iShares Semiconductor ETF (SOXX) down more than 20%. ACM Research (NASDAQ:ACMR), a company specializing in wafer cleaning equipment, has experienced a decline in stock price of almost 40% (Figure 1). The company beats Q2 estimates and raises its fiscal year guidance: “ACM is increasing its revenue guidance for fis ...

FREMONT, Calif., Aug. 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 second quarter ended June 30, 2024. "I am pleased with our second quarter results. We delivered record revenue, strong profitability and positive cash flow from operations,” said ACM’s President and Chief Executive Officer, Dr. David Wang. “We are benefiting fr ...

FREMONT, Calif., Aug. 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 its new Panel Electrochemical Plating (Ultra ECP ap-p) tool designed for fan-out panel-level packaging (FOPLP). This new tool employs a horizontal plating approach achieving exceptional uniformity and precision across the entire panel. “As demands for low latency, high bandwidth and cost ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 000-52423 AECOM (Exact name of registrant as specified in its charter) Delaware 61-1088522 State or Other Jurisdict ...

AECOM (NYSE:ACM) Q3 2024 Earnings Conference Call August 6, 2024 8:00 AM ET Company Participants Will Gabrielski - Senior Vice President, Finance, Treasury & Investor Relations Troy Rudd - Chief Executive Officer Lara Poloni - President Gaurav Kapoor - Chief Financial Officer & Chief Operations Officer Conference Call Participants Andrew Wittmann - Baird Jamie Cook - Truist Securities Sangita Jain - KeyBanc Capital Markets Andrew Kaplowitz - Citigroup Michael Dudas - Vertical Research Operator Good morning ...

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 ...

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 ...

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 ...

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 ...