ACM Research (NASDAQ:ACMR) Full Year 2024 Results

Key Financial Results

• Revenue: US$782.1m (up 40% from FY 2023).
• Net income: US$103.6m (up 34% from FY 2023).
• Profit margin: 13% (in line with FY 2023).
• EPS: US$1.67 (up from US$1.29 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

ACM Research Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) also surpassed analyst estimates by 5.3%.

Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Semiconductor industry in the US.

Performance of the American Semiconductor industry.

The company's shares are up 4.7% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for ACM Research that you should be aware of.

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