ACM Research, Inc. Announces Retreat In Q1 Profit
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ACM Research, Inc. (ACMR) reported a decline in Q1 profit, with earnings of $17.31 million ($0.24 per share) compared to $20.38 million ($0.30 per share) last year. However, revenue increased by 34.2% to $231.26 million from $172.35 million. Adjusted earnings were $24.33 million ($0.34 per share). The company provided full-year revenue guidance of $1.08 billion to $1.175 billion.
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