ACM Research Q2 2024 Adj. EPS $0.55 Beats $0.35 Estimate, Sales $202.480M Beat $163.047M Estimate
Portfolio Pulse from Benzinga Newsdesk
ACM Research reported Q2 2024 adjusted EPS of $0.55, surpassing the estimate of $0.35. Sales reached $202.480 million, exceeding the expected $163.047 million.
August 07, 2024 | 10:01 am
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ACM Research reported strong Q2 2024 results with adjusted EPS of $0.55, beating the $0.35 estimate, and sales of $202.480 million, surpassing the $163.047 million estimate.
The significant beat on both EPS and sales estimates indicates strong financial performance, likely leading to a positive short-term impact on ACMR's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100