ACM Research Announces Preliminary Unaudited Revenue and Shipments for the Third Quarter 2024
ACM Research (NASDAQ: ACMR) released preliminary unaudited Q3 2024 results, projecting revenue between $200 million to $203 million, representing a 19-20% year-over-year growth. Total shipments are expected to range from $245 million to $255 million, showing a 15-19% year-over-year increase. The company owns 82.0% of ACM Shanghai, which contributes the majority of consolidated revenue and net income. Full financial results will be discussed during the earnings call on November 7, 2024.
ACM Research (NASDAQ: ACMR) ha rilasciato i risultati preliminari non verificati del terzo trimestre 2024, prevedendo ricavi tra 200 milioni e 203 milioni di dollari, che rappresentano una crescita del 19-20% rispetto all'anno precedente. Si prevede che le spedizioni totali si attestino tra 245 milioni e 255 milioni di dollari, mostrando un aumento del 15-19% anno su anno. L'azienda possiede l'82,0% di ACM Shanghai, che contribuisce per la maggior parte ai ricavi consolidati e all'utile netto. I risultati finanziari completi saranno discussi durante la conference call sugli utili del 7 novembre 2024.
ACM Research (NASDAQ: ACMR) publicó resultados preliminares no auditados del tercer trimestre de 2024, proyectando ingresos entre 200 millones y 203 millones de dólares, lo que representa un crecimiento del 19-20% en comparación con el año anterior. Se espera que los envíos totales oscilen entre 245 millones y 255 millones de dólares, mostrando un aumento del 15-19% interanual. La compañía posee el 82,0% de ACM Shanghai, que contribuye la mayor parte de los ingresos consolidados y del ingreso neto. Los resultados financieros completos se discutirán durante la llamada de ganancias del 7 de noviembre de 2024.
ACM Research (NASDAQ: ACMR)는 2024년 3분기 예비 감사되지 않은 결과를 발표하며 수익이 2억 달러에서 2억 3백만 달러 사이일 것으로 예상하며, 이는 전년 대비 19-20%의 성장률을 나타냅니다. 총 출하량은 2억 4천 5백만 달러에서 2억 5천 5백만 달러 사이에 이를 것으로 예상되며, 이는 전년 대비 15-19%의 증가를 나타냅니다. 회사는 ACM 상하이의 82.0%를 소유하고 있으며, 이로 인해 대다수의 통합 수익과 순이익이 발생합니다. 전체 재무 결과는 2024년 11월 7일 실적 발표 전화 회의에서 논의될 예정입니다.
ACM Research (NASDAQ: ACMR) a publié des résultats préliminaires non vérifiés pour le troisième trimestre 2024, projetant des revenus entre 200 millions et 203 millions de dollars, ce qui représente une croissance de 19-20% par rapport à l'année précédente. Le volume total des expéditions est prévu entre 245 millions et 255 millions de dollars, affichant une augmentation de 15-19% par rapport à l'année précédente. La société détient 82,0% d'ACM Shanghai, qui contribue à la majeure partie des revenus consolidés et du résultat net. Les résultats financiers complets seront abordés lors de la conférence téléphonique sur les résultats du 7 novembre 2024.
ACM Research (NASDAQ: ACMR) hat vorläufige nicht geprüfte Ergebnisse für das dritte Quartal 2024 veröffentlicht und erwartet Einnahmen zwischen 200 Millionen und 203 Millionen Dollar, was einem Wachstum von 19-20% im Vergleich zum Vorjahr entspricht. Die Gesamtauslieferungen werden voraussichtlich zwischen 245 Millionen und 255 Millionen Dollar liegen, was einem Anstieg von 15-19% im Jahresvergleich entspricht. Das Unternehmen besitzt 82,0% von ACM Shanghai, das den Großteil der konsolidierten Einnahmen und des Nettogewinns beiträgt. Die vollständigen finanziellen Ergebnisse werden während der Telefonkonferenz zu den Ergebnissen am 7. November 2024 besprochen.
- Revenue expected to grow 19-20% year-over-year to $200-203 million
- Shipments projected to increase 15-19% year-over-year to $245-255 million
- None.
Insights
The preliminary Q3 2024 results show robust growth for ACM Research, with revenue expected between
The strong performance indicates continued demand for ACM's wafer processing solutions in the semiconductor industry. The difference between revenue and shipments suggests a healthy order backlog, which could translate to future revenue recognition. With ACM Shanghai contributing the majority of consolidated results and holding an
Coincides with Release of ACM Shanghai Third Quarter 2024 Results
FREMONT, Calif., Oct. 30, 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 announces expectations for preliminary unaudited revenue and total shipments for the third quarter of 2024. Today’s release coincides with the as-scheduled release of unaudited financial results by ACM Research (Shanghai), Inc., ACM’s principal operating subsidiary (“ACM Shanghai”), to the Shanghai Stock Exchange website [link to China Disclosure].
ACM will discuss its full financial results for the third quarter 2024 and its revenue outlook for the remainder of the year on its earnings call on Thursday, November 7, 2024, at 8 a.m. Eastern Time (9 p.m. China Time).
ACM announces the following:
- preliminary unaudited revenue for the third quarter of 2024 is expected to be in the range of
$200 million to$203 million , which would represent year-to-year growth of19% to20% . - preliminary total shipments are expected to be in the range of
$245 million to$255 million , which would represent year-to-year growth of15% to19% .
Actual unaudited third quarter 2024 results are subject to the completion of ACM’s quarter end closing procedures and review by ACM’s independent registered public accounting firm.
ACM currently owns an
About ACM Research, Inc.
ACM develops, manufactures and sells semiconductor process equipment for single-wafer or batch wet cleaning, electroplating, stress-free polishing, vertical furnace processes, Track and PECVD, which are critical to advanced semiconductor device manufacturing and wafer-level packaging. ACM is committed to delivering customized, high performance, cost-effective process solutions that semiconductor manufacturers can use in numerous manufacturing steps to improve productivity and product yield. For more information, visit www.acmrcsh.com.
Forward-Looking Statements
Certain statements contained in this press release 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 are intended to identify forward-looking statements. Forward-looking statements are based on ACM management’s current expectations and beliefs, and involve a number of risks and uncertainties that are difficult to predict and that could cause actual results to differ materially from those stated or implied by the forward-looking statements. A description of certain of these risks, uncertainties and other matters can be found in filings ACM makes with the U.S. Securities and Exchange Commission, all of which are available at www.sec.gov. Because forward-looking statements involve risks and uncertainties, actual results and events may differ materially from results and events currently expected by ACM. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. ACM undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in its expectations with regard to these forward-looking statements or the occurrence of unanticipated events.
© ACM Research, Inc. The ACM Research logo is a trademark of ACM Research, Inc. For convenience, this trademark appears in this press release without a ™ symbol, but that practice does not mean that ACM will not assert, to the fullest extent under applicable law, its rights to such trademark.
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FAQ
What is ACM Research's (ACMR) expected revenue for Q3 2024?
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