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ACM Research Reports Second Quarter 2025 Results
ACM ResearchACM Research(US:ACMR) Globenewswireยท2025-08-06 09:00

Core Viewpoint - ACM Research, Inc. reported strong financial results for Q2 2025, highlighting growth in revenue and net income, driven by robust demand for its semiconductor processing solutions, particularly in China and globally [2][10]. Financial Performance - Revenue for Q2 2025 was $215.4 million, a 6.4% increase from $202.5 million in Q2 2024 [10]. - Gross margin improved to 48.5% from 47.8% year-over-year, with non-GAAP gross margin at 48.7% compared to 48.2% [10]. - Net income attributable to ACM Research, Inc. was $29.8 million, up from $24.2 million in the same quarter last year [10]. - Basic EPS increased to $0.47 from $0.39, while diluted EPS rose to $0.44 from $0.35 [10]. Operational Highlights - Total shipments in Q2 2025 reached $206.4 million, reflecting a 1.9% increase from Q2 2024 [4]. - The company announced significant upgrades to its Ultra C wb Wet Bench cleaning tool, enhancing etching rate uniformity by over 50% [5]. - ACM delivered its 1,500th electroplating chamber, underscoring its leadership in high-performance electroplating equipment [5]. Market Outlook - ACM maintains its revenue guidance for fiscal year 2025 in the range of $850 million to $950 million, considering factors like international trade policy and customer spending scenarios [3]. - The company is optimistic about long-term growth opportunities in China and is expanding its global footprint with planned tool deliveries to the U.S. [2]. Product Performance - Revenue from single wafer cleaning, Tahoe, and semi-critical cleaning equipment was $155 million in Q2 2025, slightly up from $153.2 million in Q2 2024 [23]. - ECP and other technologies generated $48 million in revenue, compared to $39 million in the previous year [23]. - Advanced packaging and services contributed $12.4 million, up from $10.3 million year-over-year [23].