NASDAQ$ACMR
ACM Research Inc · Q4 2024 earnings
Q4 2024 earnings · · Before market open · Investor relations
Briefing
ACM Research reported strong Q4 2024 results with revenue up 31.2% and operating income up 88.2%.
ACM Research reported a strong fourth quarter with revenue reaching $223.5 million, a 31.2% increase year-over-year. The company's operating income saw a significant rise of 88.2%, reaching $44.0 million. Net income attributable to ACM Research, Inc. was $31.1 million, compared to $17.7 million in the same quarter of the previous year. Diluted EPS was reported at $0.46.
- Revenue increased by 31.2% year-over-year to $223.5 million.
- Operating income rose by 88.2% to $44.0 million.
- Net income attributable to ACM Research, Inc. was $31.1 million.
- Diluted EPS reached $0.46.
Headline financials
Revenue & EPS history
ACM Research · Revenue · Quarterly
$223M
Revenue by segment
ACM Research · $169M total across 3 segments · Q3 2023
- Single Wafer Cleaning, Tahoe & Semi-Critical$132M+32.8%78.6%
- ECP, Furnace & Other Tech$25.5M+4.0%15.1%
- Advanced Packaging, Services & Spares$10.6M+12.4%6.3%
Forward guidance
ACM is maintaining its revenue guidance range of $850 million to $950 million for fiscal year 2025. We have updated our long-term business model to a gross margin target range of 42% to 48%, versus the prior range of 40% to 45%.
Tailwinds
- Maintaining revenue guidance range of $850 million to $950 million for fiscal year 2025.
- Updated long-term business model to a gross margin target range of 42% to 48%.
- Focus on expanding business with incremental revenue contribution from Tahoe, SPM, and Furnace.
- Additional customer evaluations for both Track and PECVD.
- Increasing localization in China and contributions from expanding global footprint.
Headwinds
- Continuing impact from international trade policy.
- Various expected spending scenarios of key customers.
- Supply chain constraints.
- Timing of acceptances for first tools under evaluation in the field.
- Addition of subsidiaries to the U.S. Entity List may impact the ability of ACM Research (Shanghai) to produce tools.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2024
+4.6%
Avg return
Earnings day
+4.5%
Avg return
5 days after
+4.8%
Avg return
30 days after
66%
25 / 38 earnings
Positive
+52.3%
Q4 2017
Best reaction
-24.2%
Q4 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.3% | +9.5% | +29.2% | |
| Q4 2025 | -16.8% | -24.7% | -41.5% | |
| Q3 2025 | -20.0% | -15.3% | -9.8% | |
| Q1 2025 | +11.8% | +25.5% | +23.3% | |
| Q4 2024 | +20.7% | +6.0% | +7.3% | |
| Q3 2024 | +1.4% | -1.5% | -21.4% | |
| Q2 2024 | +28.8% | +24.9% | +3.5% | |
| Q1 2024 | -7.5% | -15.8% | -18.0% | |
| Q4 2023 | +41.9% | +46.5% | +33.7% | |
| Q3 2023 | +17.9% | +13.5% | +7.5% | |
| Q2 2023 | +13.0% | +10.6% | +54.0% | |
| Q1 2023 | +13.4% | +6.4% | +12.2% | |
| Q4 2022 | -9.6% | -9.1% | -3.7% | |
| Q3 2022 | +35.7% | +36.7% | +44.5% | |
| Q2 2022 | +4.8% | +8.9% | -11.3% | |
| Q1 2022 | -19.5% | -27.4% | -9.4% | |
| Q4 2021 | +2.7% | +2.7% | -18.7% | |
| Q3 2021 | -4.8% | -1.2% | -27.0% | |
| Q2 2021 | -2.4% | -0.3% | +4.7% | |
| Q1 2021 | +1.8% | -10.7% | +12.4% | |
| Q4 2020 | -24.2% | -26.0% | -35.0% | |
| Q3 2020 | +0.4% | -8.2% | -14.6% | |
| Q2 2020 | +4.3% | -6.9% | -23.8% | |
| Q1 2020 | +17.3% | +42.9% | +65.7% | |
| Q4 2019 | -14.7% | +9.2% | +50.2% | |
| Q3 2019 | +9.9% | +0.9% | +8.1% | |
| Q2 2019 | +12.5% | +12.4% | -9.5% | |
| Q1 2019 | +0.5% | +3.8% | +1.3% | |
| Q4 2018 | -16.9% | -11.2% | +18.4% | |
| Q3 2018 | +20.1% | +13.0% | +4.7% | |
| Q2 2018 | -0.8% | +0.5% | -9.3% | |
| Q1 2017 | -1.7% | -6.5% | +10.5% | |
| Q1 2018 | -6.0% | -3.4% | -2.3% | |
| Q2 2017 | +2.2% | -1.0% | -5.3% | |
| Q4 2017 | +52.3% | +81.4% | +69.9% | |
| Q4 2016 | +1.0% | -6.3% | -6.6% | |
| Q3 2016 | +1.0% | -6.3% | -6.6% | |
| Q3 2017 | +3.1% | -0.8% | -6.5% | |
| Q2 2016 | — | — | — | |
| Q4 2015 | — | — | — |
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