ACM Research (ACMR) said Tuesday that it now expects 2024 revenue of $755 million to $770 million, up from its previous guidance range of $725 million to $745 million.
Analysts polled by FactSet expect $739.6 million.
The company also said it estimates 2025 revenue of $850 million to $950 million. Analysts polled by FactSet expect $897.9 million.
ACM Research is set to release its Q4 and 2024 financial results in late February.
Shares of ACM Research were up 6% in recent premarket activity.