ACM Research(ACMR)
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Investors Heavily Search ACM Research, Inc. (ACMR): Here is What You Need to Know
Zacks Investment Research· 2024-05-14 14:05
Core Viewpoint - ACM Research, Inc. (ACMR) has experienced a significant decline in stock performance recently, with shares returning -18.4% over the past month, contrasting with the S&P 500's +2% and the semiconductor equipment industry's -16.9% [1] Earnings Estimates Revisions - The expected earnings for ACM Research for the current quarter is $0.37 per share, reflecting a year-over-year decrease of -22.9%, with a 10% downward revision in the Zacks Consensus Estimate over the last 30 days [2] - The consensus earnings estimate for the current fiscal year stands at $1.62, indicating a slight year-over-year decline of -0.6%, while the next fiscal year's estimate of $2.25 shows a significant increase of +38.9% [3] Revenue Growth Forecast - The consensus sales estimate for the current quarter is $164.08 million, representing a year-over-year increase of +13.5%, with future estimates of $698.4 million and $884.31 million for the current and next fiscal years, indicating growth rates of +25.2% and +26.6%, respectively [5] Last Reported Results and Surprise History - In the last reported quarter, ACM Research achieved revenues of $152.19 million, a year-over-year increase of +104.9%, and an EPS of $0.52 compared to $0.15 a year ago [6] - The company exceeded the Zacks Consensus Estimate for revenues by +0.79% and for EPS by +67.74%, consistently beating consensus estimates in the past four quarters [6] Valuation - ACM Research's valuation metrics, including price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), are essential for assessing whether the stock is fairly valued compared to its historical values and peers [7] - The Zacks Value Style Score for ACM Research is graded C, indicating that it is trading at par with its peers [9]
ACM Research: The Road To $1B Revenue
Seeking Alpha· 2024-05-11 12:35
PonyWang Solid Q1 Earnings ACM Research (NASDAQ:ACMR) reported a strong Q1 quarter with both top and bottom-line beat. The company reported revenue of $170.5 million, a 103% YoY increase, beating consensus by $0.52 million. Company also maintained its FY2024 guidance of $650 - $725 million. However, market reacted negatively to the results as it was expecting a raise to the guidance. See below the results: Q1 Results (Seeking Alpha)We have issued two multiple bullish calls on ACM Research since the last ...
Hidden Tech Titans: 3 Stocks Ready to Rocket Past Market Expectations by 2027
InvestorPlace· 2024-05-11 11:01
Three exceptional IT businesses offer investors attractive opportunities due to their strategic orientation and exceptional performance with solid fundamentals. With a substantial increase in revenue, the first one has accelerated. This outstanding result highlights the company’s skill at gaining market share and profitably monetizing its products, indicating a promising future growth trajectory. Meanwhile, the second one has seen a considerable boost in revenue in the semiconductor business. This lead has ...
ACM Research(ACMR) - 2024 Q1 - Quarterly Report
2024-05-08 20:47
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) þ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or o 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: 001-38273 ACM Research, Inc. (Exact Name of Registrant as Specified in Its Charter) Delaw ...
ACM Research(ACMR) - 2024 Q1 - Earnings Call Transcript
2024-05-08 16:51
ACM Research, Inc. (NASDAQ:ACMR) Q1 2024 Earnings Conference Call May 8, 2024 8:00 AM ET Company Participants Steven Pelayo - MD, The Blueshirt Group David Wang - CEO Mark McKechnie - CFO Lisa Feng - CFO, ACM Shanghai Conference Call Participants Suji Desilva - Roth MKM Christian Schwab - Craig-Hallum Capital Ross Cole - Needham Charlie Chan - Morgan Stanley Mark Miller - The Benchmark Company Operator Good day and thank you for standing by. Welcome to the ACM Research First Quarter 2024 Earnings Conference ...
ACM Research(ACMR) - 2024 Q1 - Earnings Call Presentation
2024-05-08 12:43
Supplemental Investor Presentation Earnings Release – First Quarter 2024 May 8, 2024 Forward-Looking Statements.Certain statements contained in this presentation are not historical facts and may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “plans,” “expects,” “believes,” “anticipates,” “designed,” and similar words areintended to identify forward-looking statements. Forward-looking statements are based on ACM management’s current exp ...
ACM Research, Inc. (ACMR) Q1 Earnings and Revenues Surpass Estimates
Zacks Investment Research· 2024-05-08 12:11
ACM Research, Inc. (ACMR) came out with quarterly earnings of $0.52 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.15 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 67.74%. A quarter ago, it was expected that this company would post earnings of $0.10 per share when it actually produced earnings of $0.43, delivering a surprise of 330%.Over the last four quarters, the company ...
ACM Research(ACMR) - 2024 Q1 - Quarterly Results
2024-05-08 11:24
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): April 26, 2024 ACM Research, Inc. (Exact Name of Registrant as Specified in its Charter) Delaware 001-38273 94-3290283 (State or Other Juris diction of Incorporation) (Commission File Number) (IRS Employer Identification No.) 42307 Osgood Road, Suite I Fremont, California 94539 (Address of Prin ...
ACM Research Reports First Quarter 2024 Results
Newsfilter· 2024-05-08 10:00
FREMONT, Calif., May 08, 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 first quarter ended March 31, 2024. "I am pleased with our first quarter results, a solid start for 2024. We delivered 105% revenue growth, record shipments, and strong profitability," said ACM's President and Chief Executive Officer, Dr. David Wang. "Our results ...
ACM Research Expands Advanced Packaging Portfolio with Introduction of Frame Wafer Cleaning Tool
Newsfilter· 2024-05-08 09:50
FREMONT, Calif., May 08, 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 introduced its Frame Wafer Cleaning Tool for advanced packaging. The tool effectively cleans semiconductor wafers during the post-debonding cleaning process. The Frame Wafer Cleaning Tool also includes an innovative solvent reclamation system that provides environmental and cost benefits. This fea ...