ACMR Q2 2023 Earnings — ACM Research, Inc. Revenue & Financial Results | Market Cap Arena

ACMRACM Research, Inc.

$3B

Q2 2023 Earnings

Technology Semiconductors

Income Statement

Revenue

$145M+38.5% YoY

Gross Profit

$69M47.5% margin

Operating Income

$30M21.0% margin

Net Income

$27M18.6% margin

EPS (Diluted)

$0.41

QoQ Revenue Growth

+94.7%

Cash Flow

Operating Cash Flow

$11M

Free Cash Flow

$3M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$484M

Stockholders' Equity

$692M

Cash & Equivalents

$257M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$145M	$104M	+38.5%
Gross Profit	$69M	$44M	+55.4%
Operating Income	$30M	$20M	+51.9%
Net Income	$27M	$12M	+119.2%

Revenue Segments

Total Single Wafer and Semi-Critical Cleaning Equipment

$113M78%

ECP Front End And Packaging Furnace And Other Technologies

$19M13%

Advanced Packaging (exclude ECP), Services & Spares

$13M9%

Geographic Segments

CHINA

$135M93%

Oher Regions

$10M7%