Brief: ACM Research Reports Fourth Quarter And Fiscal Year 2022 Results

ACM Research

24/02/2023 12:15

Feb 24 (Reuters) - ACM Research Inc  ACMR.O :
    * COMPANY IS MAINTAINING ITS REVENUE GUIDANCE RANGE OF $515
MILLION TO $585 MILLION FOR FISCAL YEAR 2023
    * ON TRACK TO BEGIN INITIAL PRODUCTION AT OUR NEW FACILITY
IN
LINGANG, SHANGHAI IN SECOND HALF OF 2023
    * QTRLY REVENUE WAS $108.5 MILLION, UP 14.1%
    * QTRLY NET INCOME PER DILUTED SHARE ATTRIBUTABLE TO ACM
RESEARCH,
INC. WAS $0.18
    * QTRLY ADJUSTED EARNINGS PER SHARE $0.19
    * AS WE LOOK AHEAD TO 2023, PLAN TO INCREASE OUR INVESTMENTS
IN
KOREA TO SUPPORT OUR INTERNATIONAL GROWTH INITIATIVES
    * Q4 EARNINGS PER SHARE VIEW $0.14, REVENUE VIEW $97.1
MILLION --
REFINITIV IBES DATA
    * FY2023 REVENUE VIEW $511.8 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX6nzsct 
Further company coverage:  ACMR.O 
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