ACM Research Updates 2024 Revenue Outlook and Provides Initial Outlook for 2025 Revenue

Core Viewpoint - ACM Research, Inc. has updated its revenue outlook for 2024 to a range of $755 million to$770 million, an increase from the previous estimate of $725 million to$745 million, and projects 2025 revenue to be between $850 million and$950 million [1][2]. Revenue Outlook - The updated 2024 revenue outlook is based on ACM's assessment of various factors including international trade policies, customer spending scenarios, supply chain constraints, and the timing of tool evaluations [2][3]. - The projected revenue for 2025 reflects expectations of continued growth, driven by investments from mainland China customers and contributions from new products [3]. Company Participation in Conferences - ACM will participate in meetings hosted by UBS on January 15, 2025, in Pudong, Shanghai, followed by a virtual presentation at the 27th Annual Needham Growth Conference on January 16, 2025 [4]. Company Overview - ACM develops and sells semiconductor process equipment, including cleaning, electroplating, and packaging tools, aimed at enhancing productivity and yield in semiconductor manufacturing [5].