ACM Research Posts 61c Adj EPS in Q2, Topping Expectations
ACMR has more than doubled off its 52-week low of $23.03.
Summary
ACM Research delivered Q2 adjusted EPS of 61c, beating expectations, and Q2 revenue also beat estimates. Q2 revenue was $292.9M, up 36% YoY; GAAP diluted EPS $1.23, non-GAAP diluted EPS $0.61. The company raised its FY2026 revenue guidance to $1.125B-$1.175B from $1.08B-$1.175B following the strong quarter. This result follows a Q1 where revenue grew 34% but net income declined, signaling a potential inflection in profitability. ACM Research has been executing on a $150M direct offering and a planned Hong Kong listing for its Shanghai subsidiary.
Updated with an SEC 8-K filing · What changed
Updates
· SEC 8-K — Q2 revenue was $292.9M, up 36% YoY; GAAP diluted EPS $1.23, non-GAAP diluted EPS $0.61. FY2026 revenue guidance raised to $1.125B-$1.175B from $1.08B-$1.175B.
At the time of this announcement, ACMR was trading at $81.55 on NASDAQ in the Technology sector, with a market capitalization of approximately $5.5B. The 52-week trading range was $23.03 to $127.19. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.