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Stock impact report

ACM Research Reports Third Quarter 2018 Results

ACM Research, Inc. - Class A (ACMR) 
Last acm research, inc. - class a earnings: 3/18 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.acmrcsh.com
Company Research Source: GlobeNewswire
FREMONT, Calif., Nov. 07, 2018 (GLOBE NEWSWIRE) -- ACM Research, Inc. (“ACM” or the “Company”) (NASDAQ:ACMR), a provider of single-wafer wet cleaning equipment used by manufacturers of advanced semiconductors, today reported financial results for its third fiscal quarter ended September 30, 2018. ACM Research’s President and Chief Executive Officer Dr. David Wang commented, “Our business momentum continued in the third quarter.  We delivered strong financial results, with revenue more than tripling from the third quarter of 2017.  Strength was driven by solid demand and great execution, with additional contribution from customer acceptance on an important evaluation tool.  Operating highlights included significant delivery of first-tools, which contributed to record total shipments for the quarter, the launch of the “Ultra-C” Tahoe product, and the start of production at our second factory in Shanghai.” Dr. Wang continued, “We are excited by our business prospects, and remain comm Show less Read more
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