ACMR Q1 2024 Earnings — ACM Research, Inc. Revenue & Financial Results | Market Cap Arena

ACMRACM Research, Inc.

$3B

Q1 2024 Earnings

Technology Semiconductors

Income Statement

Revenue

$152M+105.0% YoY

Gross Profit

$79M52.0% margin

Operating Income

$25M16.6% margin

Net Income

$17M11.5% margin

EPS (Diluted)

$0.26

QoQ Revenue Growth

-10.6%

Cash Flow

Operating Cash Flow

-$10M

Free Cash Flow

-$36M

Stock-Based Comp.

$15M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$596M

Stockholders' Equity

$796M

Cash & Equivalents

$211M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$152M	$74M	+105.0%
Gross Profit	$79M	$40M	+97.9%
Operating Income	$25M	$9M	+184.7%
Net Income	$17M	$7M	+144.0%

Revenue Segments

Total Single Wafer and Semi-Critical Cleaning Equipment

$109M72%

ECP Front End And Packaging Furnace And Other Technologies

$26M17%

Advanced Packaging (exclude ECP), Services & Spares

$17M11%

Geographic Segments

CHINA

$152M100%

Oher Regions

$56,0000%