ACM Research Q2 Adj EPS $0.48 Beats $0.10 Estimate, Sales $144.58M Beat $113.32M Estimate
Portfolio Pulse from Benzinga Newsdesk
ACM Research reported Q2 earnings of $0.48 per share, beating the analyst consensus estimate of $0.10 by 380%. This is a 118.18% increase from the same period last year. The company also reported quarterly sales of $144.58 million, beating the analyst consensus estimate of $113.32 million by 27.58%. This is a 38.49% increase from the same period last year.
August 04, 2023 | 2:55 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
ACM Research's Q2 earnings and sales significantly beat analyst estimates, indicating strong performance. This could positively impact the company's stock price in the short term.
ACM Research's Q2 earnings and sales significantly exceeded analyst estimates, which is typically a positive signal for investors and can lead to an increase in the stock price. The YoY growth in both earnings and sales also indicates strong performance and could further boost investor confidence.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100