ACM Research Inc reports results for the quarter ended in September - Earnings Summary

ACM Research

04/11/2022 13:32

* ACM Research Inc  ACMR.OQ  reported quarterly adjusted
earnings
of 45 cents​​ per share for the quarter ended in September. The
mean expectation of eight analysts for the quarter was
for earnings of 24 cents per share.
    * Revenue fell 97.5% to $1.65 million from a year ago;
analysts
expected $112.49 million. 
    * ACM Research Inc's reported EPS for the quarter was 32
cents​.
    * The mean earnings estimate of analysts had fallen by
about 4.9%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * ACM Research Inc shares had fallen by 50.1% this
quarter and
lost 78.1% so far this year.
    * The company reported quarterly net income of $21 million.
    * Wall Street's median 12-month price target for ACM
Research Inc
is $15.80 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
4 at 01:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.24           0.45           Beat
 Jun. 30 2022      0.05           0.22           Beat
 Mar. 31 2022      0.01           -0.01          Missed
 Dec. 31 2021      0.21           0.27           Beat