ACM Research Updates 2024 Revenue Outlook and Provides Initial Outlook for 2025 Revenue

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—Updates 2024 Revenue Outlook to $755 to $770 Million— —Projected 2025 Revenue of $850 to $950 Million— —ACM to Participate at Upcoming Conferences— FREMONT, Calif., Jan.14, 2025 (GLOBE NEWSWIRE) --  ACM Research, Inc.("ACM”) (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced packaging applications, today has updated its full year 2024 revenue outlook to a range of $755 million to $770 million, versus a range of $725 million to $745 million as was provided in ACM’s third quarter 2024 earnings release issued on November 7, 2024.

At the same time, we remain committed to developing world-class tools to expand our business into markets beyond mainland China, which we believe will play a growing role in the coming years.” ACM plans to release its fourth quarter and full year 2024 financial results in late February 2025.

Forward-looking statements are based on ACM management’s current expectations and beliefs, and involve a number of risks and uncertainties that are difficult to predict and that could cause actual results to differ materially from those stated or implied by the forward-looking statements.

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Author / Journalist: ACM Research, Inc.

Category: Technology

Markets: ChinaUnited States

Topics: US00108J1097 Nasdaq:ACMR

Source Website Secure: Yes (HTTPS)

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Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-14 @ 11:00:00 (1 weeks ago)

News Timezone: GMT +8:00

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Language: English

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