ACM Research Raises Annual Revenue Outlook; Shares Advance Premarket

MT Newswires Live
14 Jan

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.

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