- ACM Research surpasses GAAP earnings expectations with a notable performance in Q1.
- Strong revenue growth highlights an impressive year-on-year increase.
- Company maintains positive outlook with robust fiscal year 2025 revenue guidance.
ACM Research Exceeds Earnings Forecasts
ACM Research (ACMR) has delivered an outstanding performance in the first quarter, reporting GAAP earnings per share of $0.30. This figure beats analyst expectations by $0.04, underscoring the company's ability to navigate market challenges and capitalize on growth opportunities.
Revenue Growth Outpaces Estimates
In addition to impressive earnings, ACM Research's revenue reached $172.35 million, which marks a 13.2% increase compared to the same period last year. This robust growth not only surpasses forecasts by $7.02 million but also highlights the company's strategic initiatives and market positioning.
Looking Ahead: Guidance for Fiscal Year 2025
ACMR maintains a positive outlook for the future, projecting revenue guidance between $850 million and $950 million for fiscal year 2025. This ambitious target reflects the company's confidence in its growth trajectory and commitment to delivering value to investors.
