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.
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Posted In: BZI-RecapsEarnings