ACM Research Reports Fourth Quarter and Fiscal Year 2023 Results [Yahoo! Finance]
ACM Research, Inc. - Class A (ACMR)
Last acm research, inc. - class a earnings: 3/18 04:10 pm
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Source: Yahoo! Finance
semiconductor and advanced wafer-level packaging applications, today reported financial results for its fourth quarter and fiscal year ended December 31, 2023. “2023 was another pivotal year in ACM's mission to become a major supplier to the global semiconductor industry,” said ACM's President and Chief Executive Officer, Dr. David Wang. “We grew revenue by 43%, well above the market growth of wafer fab equipment (WFE) spending in mainland China. We delivered improved operating margins, and made great progress with new products, new customers and plans to expand our global production capacity.” Dr. Wang continued, “We believe these results underscore the strength of ACM's multi-product portfolio and our growing customer base. We have captured market share, with our leading cleaning products witnessing 48% growth. Moreover, our ECP and furnace products grew by 33%, surpassing the $100 million revenue milestone. Additionally, we have made notable strides in penetrating international
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ACMR
Earnings
- 2/28/24 - Beat
ACMR
Sec Filings
- 4/26/24 - Form DEFA14A
- 4/26/24 - Form DEF
- 4/26/24 - Form 8-K
- ACMR's page on the SEC website