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ACMR — ACM Research News Story

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ACM Research Inc reports results for the quarter ended March 31 - Earnings Summary

ACM Research Inc ACMR.OQ reported quarterly adjusted earnings of 46 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 52 cents.  The mean expectation of seven analysts for the quarter was for earnings of 37 cents per share. Wall Street expected results to range from 29 cents to 45 cents per share.

Revenue rose 13.2% to $172.35 million from a year ago; analysts expected $165.34 million.

ACM Research Inc's reported EPS for the quarter was 36 cents​.

The company reported quarterly net income of $20.38 million.

ACM Research Inc shares had fallen by 14.2% this quarter and gained 32.6% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 8.1% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the semiconductor equipment & testing peer group is also "buy"

Wall Street's median 12-month price target for ACM Research Inc is $35.65

This summary was machine generated from LSEG data May 8 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 20250.370.46Beat
Dec. 31 20240.390.56Beat
Sep. 30 20240.370.63Beat
Jun. 30 20240.350.55Beat

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