Stock Track | ACM Research Plunges 9.51% Pre-Market Despite Q3 Revenue Beat as Margins Compress

Stock Track
Nov 05

Shares of ACM Research Inc. (ACMR) tumbled 9.51% in pre-market trading on Wednesday, despite the company reporting better-than-expected third-quarter revenue. The sharp decline comes as investors appear concerned about margin compression and potentially slower growth ahead.

ACM Research, a supplier of wafer processing solutions to semiconductor manufacturers, announced Q3 revenue of $269.16 million, surpassing the IBES estimate of $251.7 million. The company reported earnings per share of $0.52 for the quarter. However, gross margin declined significantly to 42% from 51.4% in the same period last year, indicating increased cost pressures.

While ACM Research's top-line growth impressed, the margin contraction seems to have spooked investors. The company's operating income came in at $28.923 million, with net income reaching $35.889 million. Looking ahead, ACM Research narrowed its full-year 2025 revenue guidance to a range of $875 million to $925 million, which may suggest a more conservative outlook for the fourth quarter.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10