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Stock impact report

ACM Research Grows Revenue While Navigating Headwinds [Yahoo! Finance]

ACM Research, Inc. - Class A (ACMR) 
Last acm research, inc. - class a earnings: 3/18 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.acmrcsh.com
Company Research Source: Yahoo! Finance
polishing, vertical furnace processes, track, PECVD, and wafer- and panel-level packaging tools. While the company has grown globally, its China and Korea arms were recently added to a U.S. entity list, restricting U.S.-based components. Still, despite the uncertainty, ACM Research is looking to continue its profitable growth worldwide. In ACMR's fourth-quarter fiscal 2024 earnings report, quarterly revenue grew 31% while annual revenue jumped 40%. Its 50.4% gross margin for the year reflects strong profitability. And while U.S.-based business prospects are potentially shaky in the near term, ACMR has gained 35% plating market share in China. Full-year net income for the firm was $152.2 million, which is up from $107.4 million two years ago. It's no Read more
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