ACMR Q2 2024 Earnings — ACM Research, Inc. Revenue & Financial Results | Market Cap Arena

ACMRACM Research, Inc.

$3B

Q2 2024 Earnings

Technology Semiconductors

Income Statement

Revenue

$202M+40.0% YoY

Gross Profit

$97M47.8% margin

Operating Income

$38M18.6% margin

Net Income

$24M12.0% margin

EPS (Diluted)

$0.35

QoQ Revenue Growth

+33.0%

Cash Flow

Operating Cash Flow

$62M

Free Cash Flow

$48M

Stock-Based Comp.

$14M

Balance Sheet

Total Assets

$1.7B

Total Liabilities

$666M

Stockholders' Equity

$833M

Cash & Equivalents

$324M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$202M	$145M	+40.0%
Gross Profit	$97M	$69M	+41.0%
Operating Income	$38M	$30M	+23.5%
Net Income	$24M	$27M	-9.7%

Revenue Segments

Total Single Wafer and Semi-Critical Cleaning Equipment

$153M76%

ECP Front End And Packaging Furnace And Other Technologies

$39M19%

Advanced Packaging (exclude ECP), Services & Spares

$10M5%

Geographic Segments

CHINA

$197M97%

Oher Regions

$6M3%