ACM Research Announces Preliminary Unaudited Revenue Range for Third Quarter 2023
27 Outubro 2023 - 8:00AM
ACM Research, Inc. (“ACM”) (NASDAQ: ACMR), a leading supplier of
wafer processing solutions for semiconductor and advanced
wafer-level packaging applications, today announced that its
preliminary unaudited revenue for the third quarter of 2023 is
expected to be in the range of $165 million to $168 million.
Actual unaudited third quarter 2023 results are subject to the
completion of ACM’s quarter end closing procedures and review by
ACM’s independent registered public accounting firm. ACM will
discuss its full financial results for the third quarter of 2023
and its revenue outlook for the remainder of the year on its
earnings call on Tuesday, November 7, 2023, at 8 a.m. Eastern Time
(9 p.m. China Time).
Today’s release of ACM’s third quarter 2023
preliminary unaudited expected revenue range coincides with the
release of unaudited financial results by ACM Research (Shanghai),
Inc., ACM’s principal operating subsidiary (ACM Shanghai), to the
Shanghai Stock Exchange website [link to China Disclosure]. ACM
currently owns an 82.1% equity interest in ACM Shanghai, and a
substantial majority of ACM’s consolidated revenue and net income
is contributed by ACM Shanghai. The stand-alone financial results
of ACM Shanghai are reported in RMB as prepared in accordance with
Chinese GAAP, and those results will differ, potentially
materially, from ACM’s consolidated revenue and net profit for the
period, which will reflect additional financial and operational
items and will be prepared in U.S. dollars in accordance with U.S.
generally accepted accounting principles.
About ACM Research, Inc.ACM
develops, manufactures, and sells semiconductor process equipment
for single-wafer or batch wet cleaning, electroplating, stress-free
polishing and thermal processes that are critical to advanced
semiconductor device manufacturing, as well as wafer-level
packaging. ACM is committed to delivering customized, high
performance, cost-effective process solutions that semiconductor
manufacturers can use in numerous manufacturing steps to improve
productivity and product yield. For more information, visit
www.acmrcsh.com.
Forward-Looking
StatementsCertain statements contained in this press
release are not historical facts and may be forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Words such as “plans,” “expects,” “believes,”
“anticipates,” “designed,” and similar words are intended to
identify forward-looking statements. Forward-looking statements are
based on ACM management’s current expectations and beliefs, and
involve a number of risks and uncertainties that are difficult to
predict and that could cause actual results to differ materially
from those stated or implied by the forward-looking statements. A
description of certain of these risks, uncertainties and other
matters can be found in filings ACM makes with the U.S. Securities
and Exchange Commission, all of which are available at www.sec.gov.
Because forward-looking statements involve risks and uncertainties,
actual results and events may differ materially from results and
events currently expected by ACM. Readers are cautioned not to
place undue reliance on these forward-looking statements, which
speak only as of the date hereof. ACM undertakes no obligation to
publicly update these forward-looking statements to reflect events
or circumstances that occur after the date hereof or to reflect any
change in its expectations with regard to these forward-looking
statements or the occurrence of unanticipated events.
© ACM Research, Inc. The ACM Research logo is a
trademark of ACM Research, Inc. For convenience, this trademark
appears in this press release without a ™ symbol, but that practice
does not mean that ACM will not assert, to the fullest extent under
applicable law, its rights to such trademark.
For investor and media inquiries, please
contact:
In the United
States: |
The Blueshirt
Group |
|
Yujia Zhai |
|
+1 (860) 214-0809 |
|
yujia@blueshirtgroup.com |
|
|
In China: |
The Blueshirt Group Asia |
|
Gary Dvorchak, CFA |
|
+86 (138) 1079-1480 |
|
|
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