ACM Research Sees Prelim. Q3 Revenue $165M-$168M vs $173.69M Est.
Portfolio Pulse from Benzinga Newsdesk
ACM Research has announced preliminary Q3 revenue estimates of $165M-$168M, which is lower than the estimated $173.69M.
October 27, 2023 | 11:05 am
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NEGATIVE IMPACT
ACM Research's lower than expected preliminary Q3 revenue estimates may negatively impact its stock price in the short term.
ACM Research's Q3 revenue estimates are lower than expected, which could lead to a decrease in investor confidence and a potential drop in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100