ACM Research, Inc. has announced its preliminary unaudited revenue and total shipments for the third quarter of 2024. The company expects its revenue for the third quarter of 2024 to be in the range of $200 million to $203 million, signaling a year-over-year growth of 19% to 20%. Additionally, the total shipments for the same period are expected to be in the range of $245 million to $255 million, representing a year-over-year growth of 15% to 19%.
These figures indicate a strong performance for ACM Research, Inc. in the third quarter of 2024, demonstrating significant growth in both revenue and total shipments compared to the same period in the previous year.
The company is set to discuss its full financial results for the third quarter of 2024 and its revenue outlook for the remainder of the year on its upcoming earnings call on Thursday, November 7, 2024, at 8 a.m. Eastern Time.
ACM Research, Inc. is a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging applications. The company develops, manufactures, and sells semiconductor process equipment critical to advanced semiconductor device manufacturing and wafer-level packaging, with a focus on delivering customized, high-performance, and cost-effective process solutions for semiconductor manufacturers. Today the company's shares have moved 0.3% to a price of $20.02. For more information, read the company's full 8-K submission here.
