Acm Research ( (ACMR) ) has released its Q4 earnings. Here is a breakdown of the information Acm Research presented to its investors.
ACM Research, Inc. is a prominent supplier of wafer processing solutions for semiconductor and advanced packaging applications, known for its comprehensive product portfolio in the semiconductor industry.
In its latest earnings report, ACM Research announced a robust financial performance for the fiscal year 2024, marked by significant revenue growth and operational milestones. The company reported a 40% increase in revenue and a 63% rise in total shipments, reflecting its successful market expansion and product innovation.
Key financial highlights include a revenue of $782.1 million for the year, up from $557.7 million in 2023, and a gross margin improvement to 50.1%. Operating income surged by 57.6% to $151 million, while net income attributable to ACM Research increased to $103.6 million. The company also achieved process qualification for its Thermal and Plasma-Enhanced ALD furnace tools in mainland China and commenced operations at its Lingang production facility.
Looking forward, ACM Research maintains a positive outlook for 2025, with revenue guidance between $850 million and $950 million. The company plans to focus on expanding its business through new product contributions and increasing localization in China, while managing the impact of international trade policies on its operations.
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