ACM Research Sees FY24 Revenue Of $650M-$725M Vs. Cons. $693.06M
Portfolio Pulse from Benzinga Newsdesk
ACM Research projects its FY24 revenue to be in the range of $650M-$725M, which is in line with the consensus estimate of $693.06M.

February 28, 2024 | 10:03 am
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NEUTRAL IMPACT
ACM Research's FY24 revenue projection aligns closely with consensus estimates, indicating stable financial expectations.
ACM Research's revenue projection for FY24 is closely aligned with consensus estimates, suggesting that the company's financial performance is expected to meet market expectations. This alignment typically indicates a neutral impact on the stock price in the short term, as the forecast does not significantly exceed or fall short of analyst expectations.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90