ACM Research Reports First Quarter 2025 Results

From GlobeNewswire: 2025-05-08 05:00:00

ACM Research, Inc. reported a 13% year-over-year revenue growth for the first quarter of 2025, totaling $172.3 million. The company achieved strategic milestones, including tool qualifications and customer acceptances, highlighting its technology leadership in the semiconductor industry.

Key highlights for 2025 include incremental revenue from Tahoe, SPM, and furnace tools, as well as progress in customer evaluations for Track, PECVD, and panel-level packaging platforms. ACM aims to secure major customer wins globally and is investing in its Oregon facility for customer evaluations and technology development.

In the first quarter of 2025, ACM’s revenue increased by 13.2% to $172.3 million, with a gross margin of 47.9%. Operating income reached $25.8 million, and net income attributable to ACM Research, Inc. was $20.4 million. Non-GAAP measures, excluding stock-based compensation, showed positive results across various financial metrics.

The company anticipates total shipments to grow year-on-year in the second quarter of 2025 after a decrease in the first quarter due to customer pull-ins in Q4 2024. ACM’s innovative tools, like the high-temperature SPM and Ultra ECP ap-p, have received industry recognition, positioning the company as a leader in semiconductor processing solutions.

ACM Research, Inc. is maintaining its revenue guidance range of $850 million to $950 million for fiscal year 2025. The company’s focus on developing world-class tools and technology leadership in semiconductor processing applications is expected to drive growth and support customer wins in global markets. A conference call to discuss the results will be held on May 8, 2025.



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