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Hidden Tech Titans: 3 Stocks Ready to Rocket Past Market Expectations by 2027
InvestorPlace· 2024-05-11 11:01
Three exceptional IT businesses offer investors attractive opportunities due to their strategic orientation and exceptional performance with solid fundamentals. With a substantial increase in revenue, the first one has accelerated. This outstanding result highlights the company’s skill at gaining market share and profitably monetizing its products, indicating a promising future growth trajectory. Meanwhile, the second one has seen a considerable boost in revenue in the semiconductor business. This lead has  ...
ACM Research(ACMR) - 2024 Q1 - Quarterly Report
2024-05-08 20:47
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) þ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _____________ Commission file number: 001-38273 ACM Research, Inc. (Exact Name of Registrant as Specified in Its Charter) Delaw ...
ACM Research(ACMR) - 2024 Q1 - Earnings Call Transcript
2024-05-08 16:51
ACM Research, Inc. (NASDAQ:ACMR) Q1 2024 Earnings Conference Call May 8, 2024 8:00 AM ET Company Participants Steven Pelayo - MD, The Blueshirt Group David Wang - CEO Mark McKechnie - CFO Lisa Feng - CFO, ACM Shanghai Conference Call Participants Suji Desilva - Roth MKM Christian Schwab - Craig-Hallum Capital Ross Cole - Needham Charlie Chan - Morgan Stanley Mark Miller - The Benchmark Company Operator Good day and thank you for standing by. Welcome to the ACM Research First Quarter 2024 Earnings Conference ...
ACM Research(ACMR) - 2024 Q1 - Earnings Call Presentation
2024-05-08 12:43
Supplemental Investor Presentation Earnings Release – First Quarter 2024 May 8, 2024 Forward-Looking Statements.Certain statements contained in this presentation are not historical facts and may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “plans,” “expects,” “believes,” “anticipates,” “designed,” and similar words areintended to identify forward-looking statements. Forward-looking statements are based on ACM management’s current exp ...
ACM Research, Inc. (ACMR) Q1 Earnings and Revenues Surpass Estimates
Zacks Investment Research· 2024-05-08 12:11
ACM Research, Inc. (ACMR) came out with quarterly earnings of $0.52 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.15 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 67.74%. A quarter ago, it was expected that this company would post earnings of $0.10 per share when it actually produced earnings of $0.43, delivering a surprise of 330%.Over the last four quarters, the company ...
ACM Research(ACMR) - 2024 Q1 - Quarterly Results
2024-05-08 11:24
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): April 26, 2024 ACM Research, Inc. (Exact Name of Registrant as Specified in its Charter) Delaware 001-38273 94-3290283 (State or Other Juris diction of Incorporation) (Commission File Number) (IRS Employer Identification No.) 42307 Osgood Road, Suite I Fremont, California 94539 (Address of Prin ...
ACM Research Reports First Quarter 2024 Results
Newsfilter· 2024-05-08 10:00
FREMONT, Calif., May 08, 2024 (GLOBE NEWSWIRE) -- ACM Research, Inc. ("ACM") (NASDAQ:ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging applications, today reported financial results for its first quarter ended March 31, 2024. "I am pleased with our first quarter results, a solid start for 2024. We delivered 105% revenue growth, record shipments, and strong profitability," said ACM's President and Chief Executive Officer, Dr. David Wang. "Our results ...
ACM Research Expands Advanced Packaging Portfolio with Introduction of Frame Wafer Cleaning Tool
Newsfilter· 2024-05-08 09:50
FREMONT, Calif., May 08, 2024 (GLOBE NEWSWIRE) -- ACM Research, Inc. ("ACM") (NASDAQ:ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging applications, today introduced its Frame Wafer Cleaning Tool for advanced packaging. The tool effectively cleans semiconductor wafers during the post-debonding cleaning process. The Frame Wafer Cleaning Tool also includes an innovative solvent reclamation system that provides environmental and cost benefits. This fea ...
The 3 Best Semiconductors Stocks to Buy in May 2024
InvestorPlace· 2024-05-07 18:57
The technology industry has been booming, especially over the last year. This is primarily due to the increased attention surrounding generative artificial intelligence (AI) and similar technologies. The production of semiconductors is crucial to the development of innovative technologies.Along with being vital to technological advancement, semiconductors are just as important to our everyday lives. They make our smartphones, cars and computers function.A few stocks within the semiconductor industry share i ...
The 3 Best Nasdaq Stocks to Buy in May 2024
InvestorPlace· 2024-05-07 18:52
While conventional wisdom calls for selling securities, these best Nasdaq stocks may require a complete rethink. With the possibility that the Federal Reserve might get its soft landing after all, risk-on sentiment has returned on Wall Street.Previously, the combination of consistently robust jobs reports and soaring energy prices meant that the central bank would likely have been forced to shift its policy. Rather than cutting interest rates, the Fed appeared to be on course to raise them. However, with th ...