ACM Research (ACMR) Tops Q1 EPS by 5c

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Go back to ACM Research (ACMR) Tops Q1 EPS by 5c

ACM Research Reports First Quarter 2021 Results

May 6, 2021 4:06 PM EDT

FREMONT, Calif., May 06, 2021 (GLOBE NEWSWIRE) -- ACM Research, Inc. (ACM or the Company) (NASDAQ: ACMR), a leading supplier of wafer cleaning technologies for advanced semiconductor devices, today reported financial results for its first fiscal quarter ended March 31, 2021.

ACMs President and Chief Executive Officer Dr. David Wang commented, We are off to a great start for 2021, with incremental contribution from new products and new customers, and solid execution by our manufacturing team. For the first quarter, we grew revenue by 80% year-over-year, achieved record shipments of $74 million, and expanded production... More