ACM Research Raises 2024 Revenue Outlook to $755-$770 Million
ACM Research said its 2024 revenue is now expected to be $755 million to $770 million, up from the $725 million to $745 million range it gave on November 7, 2024. It also projected 2025 revenue of $850 million to $950 million, citing trade policies, customer spending, supply chain limits and tool acceptance timing. The 2024 figures are preliminary and subject to audit.
Key points
- 2024 revenue outlook updated to $755 million to $770 million, versus $725 million to $745 million previously
- Initial 2025 revenue outlook of $850 million to $950 million
- Fourth quarter and full year 2024 results expected in late February 2025
- CEO Dr. David Wang cited continued mainland China investment and new products, and said the impact of new U.S. component export restrictions on ACM Shanghai is manageable
The filing
Written by AI on Nov 8, 2026, 1:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 14, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.