ACMR Q1 2023 Earnings — ACM Research, Inc. Revenue & Financial Results | Market Cap Arena

ACMRACM Research, Inc.

$3B

Q1 2023 Earnings

Technology Semiconductors

Income Statement

Revenue

$74M+76.0% YoY

Gross Profit

$40M53.8% margin

Operating Income

$9M11.9% margin

Net Income

$7M9.6% margin

EPS (Diluted)

$0.11

QoQ Revenue Growth

-31.6%

Cash Flow

Operating Cash Flow

-$30M

Free Cash Flow

-$46M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$480M

Stockholders' Equity

$692M

Cash & Equivalents

$260M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$74M	$42M	+76.0%
Gross Profit	$40M	$20M	+103.1%
Operating Income	$9M	-$9M	+195.2%
Net Income	$7M	-$6M	+223.5%

Revenue Segments

Total Single Wafer and Semi-Critical Cleaning Equipment

$37M49%

ECP Front End And Packaging Furnace And Other Technologies

$27M36%

Advanced Packaging (exclude ECP), Services & Spares

$11M15%

Geographic Segments

CHINA

$72M98%

Oher Regions

$2M2%