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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 ...
The 3 Best Semiconductors Stocks to Buy in May 2024
InvestorPlace· 2024-05-07 18:57
The technology industry has been booming, especially over the last year. This is primarily due to the increased attention surrounding generative artificial intelligence (AI) and similar technologies. The production of semiconductors is crucial to the development of innovative technologies.Along with being vital to technological advancement, semiconductors are just as important to our everyday lives. They make our smartphones, cars and computers function.A few stocks within the semiconductor industry share i ...
The 3 Best Nasdaq Stocks to Buy in May 2024
InvestorPlace· 2024-05-07 18:52
While conventional wisdom calls for selling securities, these best Nasdaq stocks may require a complete rethink. With the possibility that the Federal Reserve might get its soft landing after all, risk-on sentiment has returned on Wall Street.Previously, the combination of consistently robust jobs reports and soaring energy prices meant that the central bank would likely have been forced to shift its policy. Rather than cutting interest rates, the Fed appeared to be on course to raise them. However, with th ...
How is ACM Research (ACMR) Placed Ahead of Q1 Earnings?
Zacks Investment Research· 2024-05-07 16:06
ACM Research (ACMR) is set to report its first-quarter 2024 results on May 8.The company has been benefiting from its multi-product portfolio and growing customer base. Its strengthening foothold across international markets like the United States, Europe and Korea, strong China localization trend, increasing mature node investment in China, and new product cycles have been driving top-line growth.The company’s strong market position across the semiconductor end market on the back of its differentiated tech ...
Is ACM Research (ACMR) a Buy as Wall Street Analysts Look Optimistic?
Zacks Investment Research· 2024-04-30 14:31
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about ACM Research, Inc. (ACMR) . ACM Research currently has an average brokerag ...
Millionaire Blueprint: 3 Stock Picks That Could Change Your Life
InvestorPlace· 2024-04-30 02:47
Some stocks stand out among the vastness of the stock market as possible opportunities. Their growth derives from emerging trends and game-changing technology. These three millionaire-maker stocks each provide a unique opportunity that has the potential to transform portfolios and release riches.The first is leading the way in expanding into foreign markets and demonstrating its ability to compete globally. The company’s trajectory denotes expansion with certifications from top American manufacturers and pr ...