Recap: ACM Research Q3 Earnings

Recap: ACM Research Q3 Earnings

ACM Research ACMR reported its Q3 earnings results on Friday, November 4, 2022 at 06:58 AM.

Here's what investors need to know about the announcement.

Earnings

ACM Research beat estimated earnings by 75.0%, reporting an EPS of $0.42 versus an estimate of $0.24.

Revenue was up $66.70 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.17 which was followed by a 6.22% increase in the share price the next day.

Here's a look at ACM Research's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.05   0.21 0.13
EPS Actual 0.22 -0.01 0.27 0.19
Revenue Estimate 72.28M 51.84M 89.53M 67.20M
Revenue Actual 104.39M 42.19M 95.14M 67.01M

To track all earnings releases for ACM Research visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings