Acm Research Stock Price, News & Analysis

ACM Research, Inc. (NASDAQ: ACMR) announced the appointment of Elad Nadler as Senior Director of Service for North America and Europe. Elad, with over 20 years of experience in customer support and field operations at major semiconductor firms, will oversee ACM's service and spares organization in these regions. His expertise aims to enhance customer service and expand the adoption of ACM's technologies within leading semiconductor companies. President Dr. David Wang expressed optimism about the team's strength and Elad's fit in driving service excellence.

ACM Research reported a strong first quarter for 2021, with revenues of $43.7 million, an impressive 80% year-over-year growth. Shipments reached a record $74 million, and net income rose to $5.5 million, compared to $1.7 million in the previous year. The company is optimistic about expanding its market presence, particularly in North America, and has made significant strides in production capacity with a new facility. However, the timeline for its subsidiary’s STAR Market IPO remains uncertain, which could impact future funding and growth.

ACM Research, Inc. (NASDAQ: ACMR) will announce its financial results for Q1 2021 after market close on May 6, 2021. A conference call to discuss these results is scheduled for May 7, 2021, at 8:00 a.m. U.S. Eastern Time. Participants should dial in 10 minutes early using the passcode 7084698. Access to a live and archived webcast will be available on ACM's Investors webpage. The company specializes in developing semiconductor process equipment, focusing on delivering high-performance solutions that enhance manufacturing productivity.

ACM Research (ACMR) has expanded its 300mm Ultra Fn furnace dry processing portfolio to include new semiconductor manufacturing processes such as un-doped and doped poly deposition, gate oxide deposition, high-temperature oxidation, and annealing. This announcement was made during SEMICON China 2021. The new capabilities enhance the company's existing offering and support over 80% of batch thermal processes. The Ultra Fn platform’s adaptability allows quick process kit changes, optimizing operational costs. Initial installations have validated performance with key customers.

ACM Research (NASDAQ: ACMR) has launched a new high-speed copper plating technology for its ECP ap system, enhancing wafer-level electric field control and providing better uniformity within wafers and dies. This technology addresses challenges in 3D plating applications, improving Cu film deposition rates and achieving wafer-level uniformity below 3%. The fan-out packaging market, driving this technology's demand, is projected to grow at an 18% CAGR through 2026. The first system featuring this technology is set to be delivered to a major OSAT facility in China.

ACM Research, Inc. (NASDAQ: ACMR) announced its participation in the 33rd Annual Virtual Roth Conference on March 16, 2021. The company, a leader in wafer cleaning technologies for advanced semiconductors, will hold one-on-one meetings with institutional investors during the event. Interested portfolio managers and analysts can schedule meetings through Roth Capital Partners. ACM specializes in semiconductor process equipment, providing high-performance and cost-effective solutions to enhance productivity and yield in manufacturing.

ACM Research reported a strong fourth quarter and fiscal year 2020, with a 46% revenue increase to $156.6 million. The company achieved net income of $18.8 million, with diluted EPS at $0.89. Q4 revenue hit $45.6 million, up 85% year-over-year, despite a gross margin decline to 43.2%. Operating income rose to $5.4 million. For 2021, ACM projects revenue between $205 million and $230 million, tied to global market conditions. The STAR Market IPO for its Shanghai subsidiary remains pending following recent regulatory inquiries.

ACM Research, Inc. (NASDAQ: ACMR) will release its financial results for Q4 and fiscal year 2020 on February 25, 2021, post-U.S. market close. A conference call to discuss these results is scheduled for February 26, 2021, at 8:00 a.m. ET. Interested parties can register in advance and participate via telephone or webcast. This call will provide insights into ACMR's performance and future outlook in the semiconductor equipment sector.

ACM Research (ACMR) announced preliminary 2020 revenues between $153 million and $155 million, marking a growth of 42% to 44%. For 2021, ACM projects revenues of $205 million to $230 million, representing a growth of 32% to 50%. This optimism hinges on recovering customer orders and stability in trade policies. The company plans to present at the Credit Suisse and Needham Growth Conferences. Actual full-year results will be released in late February 2021, subject to year-end audits.