STOCK TITAN

ACM Research, Inc. - $ACMR STOCK NEWS

Welcome to our dedicated page for ACM Research news (Ticker: $ACMR), a resource for investors and traders seeking the latest updates and insights on ACM Research stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect ACM Research's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of ACM Research's position in the market.

Rhea-AI Summary
ACM Research, Inc. reported a solid third quarter with a 26% revenue growth and record shipments of $213 million, up 31%. The company updated its revenue guidance for fiscal year 2023 to $520-540 million. ACM also highlighted key operating highlights and recent announcements, including the receipt of a purchase order for its ULTRA C b backside clean and bevel etch tool from a major U.S. semiconductor manufacturer, and the introduction of the ULTRA C v Vacuum Cleaning Tool.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.33%
Tags
-
Rhea-AI Summary
ACM Research, Inc. has received a purchase order for its Ultra C backside clean and bevel etch tool from a major U.S. semiconductor manufacturer. The tool is set to be shipped to the customer’s U.S. facility in the second quarter of 2024. This order signifies the strength of ACM’s technology and marks a significant milestone in the company's international market expansion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.33%
Tags
none
-
Rhea-AI Summary
ACM Research, Inc. announces preliminary unaudited revenue for Q3 2023 in the range of $165 million to $168 million. Full financial results and revenue outlook to be discussed on earnings call on November 7, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-21.92%
Tags
Rhea-AI Summary
ACM Research, Inc. to release preliminary revenue range and full financial results for the third quarter of 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.17%
Tags
-
Rhea-AI Summary
ACM Research, Inc. announces backlog figures for ACM Shanghai, with total backlog amounting to RMB 6,795.8 million (USD $929.5 million), a YoY change of 46.3%. Orders under contract increased by 41.0% YoY. ACM Shanghai will release full financial results for the nine months ended September 30, 2023, on October 27, 2023. Forward-looking statements indicate potential risks and uncertainties.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.57%
Tags
none
-
Rhea-AI Summary
ACM Research introduces ULTRA C v Vacuum Cleaning Tool for advanced 3D packaging structures, receives purchase order from major Chinese manufacturer.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.1%
Tags
none
Rhea-AI Summary
ACM Research, Inc. (ACMR) announces participation in upcoming investor conferences.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.91%
Tags
conferences
-
Rhea-AI Summary
ACM Research reports strong Q2 2023 results with revenue of $144.6 million, up 38.5% YoY. Gross margin increases to 47.5%. Company expects growth in 2023 driven by investments in mature node capacity by China-based customers and growing traction for multi-product portfolio. Revenue guidance for FY 2023 maintained at $515 million to $585 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.76%
Tags
-
Rhea-AI Summary
ACM Research, Inc. will release its financial results for Q2 2023 on August 4, 2023. A conference call will be held to discuss the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.57%
Tags
Rhea-AI Summary
ACM Research announces participation in the 15th Annual CEO Investor Summit 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.92%
Tags
none
ACM Research, Inc.

Nasdaq:ACMR

ACMR Rankings

ACMR Stock Data

1.67B
46.19M
21.8%
59.46%
5.92%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
United States of America
FREMONT

About ACMR

acm research, inc., together with its subsidiaries, develops, manufactures, and sells single-wafer wet cleaning equipment for enhancing the manufacturing process and yield for integrated chips worldwide. it offers space alternated phase of megasonic waves to deliver megasonic energy to flat and patterned wafer surfaces in a uniform manner on a microscopic level; timely energized bubble oscillation cleaning equipment for two-dimensional and three-dimensional patterned wafers at advanced process nodes; and single-wafer tools for back-end assembly and packaging equipment, as well as electro-chemical plating equipment for advanced metal plating. the company markets and sells its products under the ultra c brand name through direct sales force and third-party representatives. acm research, inc. was founded in 1998 and is headquartered in fremont, california.