{"filings":[{"id":1178196,"accession_number":"0001628280-26-044506","cik":1680062,"company_name":"ACM Research, Inc.","ticker":"ACMR","form_type":"8-K","filed_at":"2026-06-22T13:11:33+00:00","items":["8.01","9.01"],"status":"ready","headline":"ACM Shanghai Q1 new orders +65% YoY; reaffirms FY2026 rev guidance RMB 8.2-8.8B","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Q1 2026 new orders up 65% YoY; full-year 2026 revenue guidance maintained at RMB 8.2-8.8 billion.","Electroplating orders ~30% of YTD new signed orders; >20 cleaning systems expected in 2026.","First PECVD SiCN system shipped in April; Lingang mini-line operational, accelerating product validation cycles.","Long-term revenue target USD 4B ($1.6B overseas, $2.4B China); Plant B renovation H2 2026, partial ops Q4.","Component localization progressing; all non-standard components fully localized; internal test platforms built with domestic parts."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":6129045519.941314,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1027323,"accession_number":"0001628280-26-042833","cik":1680062,"company_name":"ACM Research, Inc.","ticker":"ACMR","form_type":"8-K","filed_at":"2026-06-12T20:06:10+00:00","items":["5.07"],"status":"ready","headline":"ACM Research stockholders elect four directors and ratify auditor at 2026 annual meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Stockholders elected all four board nominees: David H. Wang, Haiping Dun, Tracy Liu, Charles Pappis.","Ratification of Ernst & Young Hua Ming LLP as auditor for FY2026 approved (135,717,653 for, 40,635 against, 56,209 abstain).","Total votes present representing 135,814,497 votes (84.32% of outstanding)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":6129045519.941314,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":746357,"accession_number":"0001140361-26-023310","cik":1680062,"company_name":"ACM Research, Inc.","ticker":"ACMR","form_type":"8-K","filed_at":"2026-05-29T20:01:48+00:00","items":["8.01","9.01"],"status":"ready","headline":"ACM Shanghai board approves H-share listing on HKEX Main Board, up to 7% of share capital","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board of ACM Shanghai (subsidiary of ACMR) approved H-share offering and listing on HKEX Main Board.","Proposed issuance of H shares up to 7% of total share capital post-offering, with 15% over-allotment option.","Use of proceeds: product development, R&D, global expansion, working capital, and loan repayment.","Listing subject to shareholder approval and regulatory clearances from CSRC, SEHK, SFC.","Resolution validity period of 24 months from shareholder approval, extendable if approvals obtained."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":6129045519.941314,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":592036,"accession_number":"0001628280-26-037552","cik":1680062,"company_name":"ACM Research, Inc.","ticker":"ACMR","form_type":"8-K","filed_at":"2026-05-22T12:46:16+00:00","items":["8.01","9.01"],"status":"ready","headline":"ACM Shanghai reports 65% YoY new order growth in Q1; high-temp SPM tool advances","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["New orders signed in Q1 2026 grew 65% year-over-year, supporting revenue outlook.","2026 revenue guidance unchanged; average delivery cycle ~6 months, some orders carrying into Q1 2027.","High-temp single-wafer SPM tool achieves 15nm particle control, better than mainstream; patent protection in progress.","Company expects to deliver more than 20 medium-to-low and high-temp SPM tools to multiple customers in 2026.","Differentiated nozzle design eliminates periodic DI water cleaning, potentially improving yield for AI chips."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":6129045519.941314,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":471207,"accession_number":"0001140361-26-021661","cik":1680062,"company_name":"ACM Research, Inc.","ticker":"ACMR","form_type":"8-K","filed_at":"2026-05-15T20:16:17+00:00","items":["8.01"],"status":"ready","headline":"ACM Research closes $150M registered direct offering of 2.88M shares at $52","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Closed offering of 2,884,615 Class A common shares at $52.00 per share on May 15, 2026.","Net proceeds of approximately $149.85 million after estimated expenses.","Offering previously disclosed on May 12, 2026, under a shelf registration statement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":6129045519.941314,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":23082,"accession_number":"0001140361-26-020717","cik":1680062,"company_name":"ACM Research, Inc.","ticker":"ACMR","form_type":"8-K","filed_at":"2026-05-12T12:45:40+00:00","items":["1.01","9.01"],"status":"ready","headline":"ACM Research raises ~$150M via registered direct offering at $52/share","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Offered 2,884,615 shares at $52.00 per share to institutional investors managed by Tekne Capital.","Gross proceeds of ~$150M ($149,999,980); net proceeds ~$149.85M after expenses.","Proceeds for U.S. and global expansion and general corporate purposes.","Closing expected on or about May 15, 2026; subject to customary conditions.","Company agreed to a 6-month lock-up on Class A common stock (waivable by investor advisor)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":6129045519.941314,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":94645,"accession_number":"0001628280-26-031688","cik":1680062,"company_name":"ACM Research, Inc.","ticker":"ACMR","form_type":"8-K","filed_at":"2026-05-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"ACM Research Q1 revenue up 34% YoY to $231M; GAAP EPS declines to $0.24","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $231M, up 34% YoY; shipments $241M, up 54% YoY.","GAAP diluted EPS $0.24 vs $0.30; Non-GAAP diluted EPS $0.34 vs $0.46.","Gross margin 46.4%, down from 47.9% in prior-year quarter.","Maintains 2026 revenue growth outlook of 21%-30%.","Plans Hong Kong listing of ACM Shanghai and Oregon facility ramp."],"consensus_eps_estimate":0.2006,"consensus_eps_actual":0.24,"consensus_revenue_estimate":null,"consensus_revenue_actual":231263000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl+finnhub","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":6129045519.941314,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":94644,"accession_number":"0001628280-26-027353","cik":1680062,"company_name":"ACM Research, Inc.","ticker":"ACMR","form_type":"8-K","filed_at":"2026-04-27T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"ACM Research prelim Q1 rev $225-230M (+31-33% YoY); reaffirms FY outlook $1.08-1.175B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Preliminary Q1 2026 revenue $225-230M (31-33% YoY growth); total shipments $233-238M (49-52% YoY growth).","Reaffirms full-year 2026 revenue outlook $1.08-1.175B, representing 20-30% YoY growth.","Company owns ~74% of ACM Shanghai; full Q1 results and further guidance on May 7, 2026 earnings call.","Results are preliminary, unaudited, and subject to quarter-end closing procedures and auditor review.","Press release coincides with ACM Shanghai's Q1 2026 results release on Shanghai Stock Exchange."],"consensus_eps_estimate":0.2006,"consensus_eps_actual":0.24,"consensus_revenue_estimate":null,"consensus_revenue_actual":231263000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":6129045519.941314,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":94643,"accession_number":"0001628280-26-025599","cik":1680062,"company_name":"ACM Research, Inc.","ticker":"ACMR","form_type":"8-K","filed_at":"2026-04-17T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"ACM Shanghai proposes H-share listing on HKEX to expand international reach","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["ACM Shanghai proposes issuance of H shares and listing on The Stock Exchange of Hong Kong Limited.","Listing aims to strengthen capital base, attract talent, and enhance international competitiveness.","Controlling shareholder and actual controller will remain unchanged after the listing.","Proposal is preliminary; requires Board, shareholder, CSRC, HKEX approvals with significant uncertainty.","ACM Research (ACMR) operates ACM Shanghai, which trades on Shanghai SSE Sci-Tech board."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":6129045519.941314,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":107167,"accession_number":"0001628280-26-020846","cik":1680062,"company_name":"ACM Research, Inc.","ticker":"ACMR","form_type":"8-K","filed_at":"2026-03-24T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"ACM Shanghai proposes RMB 0.6233/share cash dividend for FY2025; total ~RMB 299M","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Cash dividend of RMB 6.233 per 10 shares (RMB 0.6233/share) proposed for FY2025, totaling ~RMB 299M.","Dividend represents 21.42% of parent-company net profit attributable to shareholders.","Plan approved by ACM Shanghai board; requires shareholder approval at 2026 AGM.","ACM Shanghai cites need to retain cash for R&D; combined dividend + share repurchase totals 25.00% of net profit.","Parent company ACM Research (ACMR) files 8-K to disclose subsidiary's profit distribution plan."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":6129045519.941314,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":107166,"accession_number":"0001628280-26-019811","cik":1680062,"company_name":"ACM Research, Inc.","ticker":"ACMR","form_type":"8-K","filed_at":"2026-03-19T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"ACM Shanghai guides 2026 revenue RMB 8.2-8.8B; gross margin 42-48%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["ACM Shanghai (ACMR subsidiary) issued 2026 revenue guidance of RMB 8.2 to 8.8 billion.","2026 gross margin target 42-48%; R&D spend expected 14-19% of revenue.","Panel-level advanced packaging tools adopted by Chinese customers; Taiwan market entry planned.","Ultra Pmax PECVD tool achieved multi-process milestones; entering front-end dry-process segment.","Front-end KrF track tool shipped to logic fab in Sep 2025; qualification expected in 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":6129045519.941314,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":107165,"accession_number":"0001628280-26-011998","cik":1680062,"company_name":"ACM Research, Inc.","ticker":"ACMR","form_type":"8-K","filed_at":"2026-02-26T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"ACM Research Q4 2025 GAAP net income falls 74% YoY; FY revenue record $901M but margins shrink","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 2025 GAAP diluted EPS $0.11 vs $0.46 YoY; net income $8M vs $31M.","FY2025 revenue $901M (+15% YoY); GAAP net income $94M (-9% YoY).","GAAP gross margin FY2025 44.4% vs 50.1% in 2024; Q4 40.9% vs 49.6%.","Maintains FY2026 revenue guidance $1.08-$1.175B (21-30% growth).","Sold ~1.3% ACM Shanghai stake for ~$111M in Feb 2026; ended FY with $845M net cash."],"consensus_eps_estimate":0.408,"consensus_eps_actual":1.37,"consensus_revenue_estimate":null,"consensus_revenue_actual":901309000.0,"consensus_period":"2025-FY","consensus_source":"xbrl+finnhub","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":6129045519.941314,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":107164,"accession_number":"0001680062-26-000020","cik":1680062,"company_name":"ACM Research, Inc.","ticker":"ACMR","form_type":"8-K","filed_at":"2026-02-06T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"ACM Research sells 4.8M shares of subsidiary ACM Shanghai at RMB 160/share, lowering stake from 74.84% to 73.72%","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Complete sale of 4,801,648 shares of ACM Shanghai (688082) at RMB 160.00 (~$23.05) per share via inquiry-based transfer on SSE.","Aggregate ownership in ACM Shanghai declines from 74.84% to 73.72%; no change in control.","Transfer price determined via inquiry with 38 institutional investors; 30 transferees include fund managers and QFIIs.","Prior reductions by HUI WANG and Jian Wang in Nov 2025; combined concert-party stake now 73.72%.","All transferred shares subject to 6-month lock-up period."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":6129045519.941314,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":107163,"accession_number":"0001680062-26-000016","cik":1680062,"company_name":"ACM Research, Inc.","ticker":"ACMR","form_type":"8-K","filed_at":"2026-02-04T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"ACM Shanghai explains Q4 2025 revenue decline; maintains 2026 gross margin 42%-48%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 2025 revenue fell QoQ due to equipment delivery delays and revenue recognition timing to Q1 2026.","2026 revenue guidance difference between ACM Shanghai (Chinese GAAP) and ACMR (US GAAP) due to recognition policies.","Advanced packaging equipment (ex-electroplating) ~10% of 2025 revenue; electroplating >20%.","Gross margin expected stable in 42%-48% range, R&D expense ratio 14%-19% for 2026.","Overseas expansion: products delivered to customers in Singapore and four systems to US in 2025."],"consensus_eps_estimate":0.408,"consensus_eps_actual":1.37,"consensus_revenue_estimate":null,"consensus_revenue_actual":901309000.0,"consensus_period":"2025-FY","consensus_source":"xbrl+finnhub","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":6129045519.941314,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":107162,"accession_number":"0001680062-26-000012","cik":1680062,"company_name":"ACM Research, Inc.","ticker":"ACMR","form_type":"8-K","filed_at":"2026-02-03T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"ACM Research sets preliminary transfer price of RMB 160/share for 4.8M ACM Shanghai shares","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Preliminary transfer price: RMB 160.00 (~$23.05) per share; total of 4,801,648 shares to be sold.","38 institutional investors participated; effective subscription multiple of 1.17x (5,639,000 shares validly subscribed).","30 institutional investors preliminarily identified as transferees; final transfer subject to CSDC registration and legal risks.","The inquiry-based transfer does not involve change of control of ACM Shanghai and will not affect corporate governance."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":6129045519.941314,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":107161,"accession_number":"0001680062-26-000009","cik":1680062,"company_name":"ACM Research, Inc.","ticker":"ACMR","form_type":"8-K","filed_at":"2026-01-30T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"ACM Research to sell 4.8M shares of ACM Shanghai (1% stake) via inquiry-based transfer","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["ACM Research intends to sell 4,801,648 shares of ACM Shanghai (1.34% of its ownership; 1% of total shares) via SSE inquiry-based transfer for general corporate purposes.","Floor price set at no less than 70% of the 20-day average trading price of ACM Shanghai shares through the date of the subscription invitation.","Transferees must be qualified institutional investors; shares acquired are subject to a 6-month lock-up.","The transfer does not change control of ACM Shanghai; ACMR US remains controlling shareholder."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":6129045519.941314,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":107160,"accession_number":"0001680062-26-000003","cik":1680062,"company_name":"ACM Research, Inc.","ticker":"ACMR","form_type":"8-K","filed_at":"2026-01-22T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"ACM Research updates 2025 revenue outlook to $885-$900M; 2026 outlook $1.08-$1.175B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revised FY2025 revenue guidance to $885-900M from prior $875-925M (narrowed range).","Initial FY2026 revenue outlook of $1,080-1,175M, implying ~20-30% growth over 2025 midpoint.","CEO cites healthy capacity investments, share gains from new cleaning and furnace tools as 2026 drivers.","2025 outlook is preliminary and subject to audit; Q4/FY2025 results due late February 2026."],"consensus_eps_estimate":0.408,"consensus_eps_actual":1.37,"consensus_revenue_estimate":null,"consensus_revenue_actual":901309000.0,"consensus_period":"2025-FY","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":6129045519.941314,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":123502,"accession_number":"0001628280-25-053576","cik":1680062,"company_name":"ACM Research, Inc.","ticker":"ACMR","form_type":"8-K","filed_at":"2025-11-21T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"ACM Shanghai order backlog up 34% YoY to RMB 9.07B; new product momentum in PECVD and panel electroplating","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Order backlog as of Sep 29, 2025: RMB 9.072B, up 34.1% YoY; memory accounts for higher share than logic.","Gross margin expected to sustain 42-48% range; core strength in proprietary equipment technologies.","New products: PECVD two systems by year-end; panel-level horizontal electroplating to ship soon; furnace systems secured 18 customers.","Cleaning equipment offers near-full 3D NAND coverage; high-temp sulfuric acid cleaning removes particles down to 19nm.","Plan to disclose 2026 revenue outlook in January 2026; expect continued growth in output and revenue."],"consensus_eps_estimate":0.5429,"consensus_eps_actual":1.26,"consensus_revenue_estimate":null,"consensus_revenue_actual":656879000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":6129045519.941314,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":123501,"accession_number":"0001628280-25-049264","cik":1680062,"company_name":"ACM Research, Inc.","ticker":"ACMR","form_type":"8-K","filed_at":"2025-11-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"ACM Research Q3 revenue up 32% YoY to $269M; GAAP EPS $0.52, non-GAAP EPS $0.36","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $269.2M, up 32% YoY; GAAP diluted EPS $0.52 (vs $0.45), non-GAAP diluted EPS $0.36 (vs $0.63).","Gross margin 42.0% vs 51.4% YoY; operating income $28.9M GAAP vs $44.2M.","ACM Shanghai raised ~$623M net proceeds from STAR Market secondary offering in September 2025.","Narrows 2025 revenue guidance range; reaffirms long-term $4B revenue target.","CEO cites broad interest in panel-level plating tool; first KrF Track platform shipped in Q3."],"consensus_eps_estimate":0.5429,"consensus_eps_actual":1.26,"consensus_revenue_estimate":null,"consensus_revenue_actual":656879000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl+finnhub","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":6129045519.941314,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":123500,"accession_number":"0001680062-25-000031","cik":1680062,"company_name":"ACM Research, Inc.","ticker":"ACMR","form_type":"8-K","filed_at":"2025-10-29T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"ACM Research prelim Q3 rev $264-267M (+29-31% YoY); shipments $257-262M (-2-0%)","summary_kind":"llm","event_type":"earnings","confidence":"medium","bullets":["Preliminary unaudited Q3 2025 revenue $264-267M, up 29-31% year-over-year.","Preliminary total shipments $257-262M, flat to down 2% vs Q3 2024.","ACM owns 74.6% of ACM Shanghai; full Q3 results and outlook on Nov 5 call.","Actual results subject to closing procedures and auditor review."],"consensus_eps_estimate":0.5429,"consensus_eps_actual":1.26,"consensus_revenue_estimate":null,"consensus_revenue_actual":656879000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":6129045519.941314,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":140179,"accession_number":"0001680062-25-000027","cik":1680062,"company_name":"ACM Research, Inc.","ticker":"ACMR","form_type":"8-K","filed_at":"2025-09-29T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"ACM Shanghai backlog up 34.1% YoY to RMB 9.07B as of Sep 29, 2025","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Total backlog of RMB 9,071.5M ($1,271.6M), up 34.1% year-over-year.","Backlog includes shipped tools not yet recognized as revenue and orders expected to ship.","ACM Shanghai will report nine-month results on Oct 29, 2025; ACM full Q3 results in early Nov 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":6129045519.941314,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":140178,"accession_number":"0001680062-25-000023","cik":1680062,"company_name":"ACM Research, Inc.","ticker":"ACMR","form_type":"8-K","filed_at":"2025-09-24T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"ACM Shanghai subsidiary raises $630M private placement; ACM stake drops to 74.5%","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["ACM Shanghai issued 38.6M ordinary shares at RMB 116.11 per share, gross proceeds approx. $630M.","Net proceeds of $624M for R&D, capex, and working capital.","Allocation to 17 qualified investors, all cash; six-month lock-up before STAR Market trading.","ACM ownership decreases from 81.1% to 74.5%; ACM remains controlling shareholder.","Private offering reported on Shanghai Stock Exchange website as required by STAR Market rules."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":6129045519.941314,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":140177,"accession_number":"0001140361-25-032195","cik":1680062,"company_name":"ACM Research, Inc.","ticker":"ACMR","form_type":"8-K","filed_at":"2025-08-21T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"ACM Shanghai Q2 revenue up ~40% sequentially, raises China SAM target to $7B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 2025 revenue grew nearly 40% sequentially, led by cleaning and electroplating equipment.","Long-term SAM in China raised from $5B to $7B based on third-party data and equipment market estimate of $40B by 2030.","Full-year revenue guidance maintained at RMB 6.5–7.1B; any revision depends on H2 performance.","Lingang Factory A at full RMB 10B capacity; Factory B to add RMB 20B capacity, expected production in H2 2026.","Differences in quarterly reports between ACM Shanghai (PRC GAAP) and ACMR (US GAAP) due to revenue recognition timing for repeat orders."],"consensus_eps_estimate":0.5125,"consensus_eps_actual":0.74,"consensus_revenue_estimate":null,"consensus_revenue_actual":387719000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":6129045519.941314,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":140176,"accession_number":"0001140361-25-028994","cik":1680062,"company_name":"ACM Research, Inc.","ticker":"ACMR","form_type":"8-K","filed_at":"2025-08-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"ACM Research Q2 2025 revenue up 6% YoY to $215M; raises China revenue target","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP revenue $215.4M, up 6% YoY; GAAP net income $29.8M, up 23% YoY.","Non-GAAP diluted EPS $0.54 vs $0.55 in Q2 2024; GAAP diluted EPS $0.44 vs $0.35.","Gross margin improved to 48.5% GAAP (47.8% YoY) driven by product mix.","Raised long-term revenue target for mainland China; received repeat orders for upgraded Ultra C wb Wet Bench tool.","Global expansion ongoing with U.S. tool deliveries planned in Q3 2025."],"consensus_eps_estimate":0.5125,"consensus_eps_actual":0.74,"consensus_revenue_estimate":null,"consensus_revenue_actual":387719000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":6129045519.941314,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":157824,"accession_number":"0001140361-25-024198","cik":1680062,"company_name":"ACM Research, Inc.","ticker":"ACMR","form_type":"8-K","filed_at":"2025-06-30T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"ACM Shanghai gets CSRC nod for private offering up to $625M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["CSRC approved private offering of up to 44.1M ordinary shares by ACM Shanghai, ACM Research's operating subsidiary.","Expected gross proceeds up to RMB 4.5B (~$625M); offering must close within 12 months of June 28, 2025 approval.","Offering is for up to 10% of ACM Shanghai's pre-offering share capital; shares adjusted for recent option exercises.","Originally disclosed by ACM Research on January 25, 2024; proceeds expected to fund operations or growth."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":6129045519.941314,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":157823,"accession_number":"0001140361-25-022450","cik":1680062,"company_name":"ACM Research, Inc.","ticker":"ACMR","form_type":"8-K","filed_at":"2025-06-13T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"ACM Shanghai approves $40.1M dividend; guides 16%-26% revenue growth for 2025","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["ACM Shanghai approved ~RMB 288.3M ($40.1M) dividend to shareholders, expected by end of 2025.","2025 budget under Chinese GAAP: revenue growth 16%-26%, R&D expense growth 15%-35%.","Parent ACM Research owns 81.1% of ACM Shanghai and intends to use dividend proceeds for working capital.","Dividend payment and repatriation to U.S. remain uncertain; subsidiary financials differ from consolidated."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":6129045519.941314,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":157822,"accession_number":"0001140361-25-022448","cik":1680062,"company_name":"ACM Research, Inc.","ticker":"ACMR","form_type":"8-K","filed_at":"2025-06-13T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"ACM Research 2025 annual meeting: all four director nominees elected, auditor ratified","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["David H. Wang re-elected with 120,768,854 votes for; 4,378,704 withheld.","Haiping Dun re-elected with 122,190,994 for; 2,956,564 withheld.","Tracy Liu re-elected with 116,265,577 for; 8,881,981 withheld.","Charles Pappis re-elected with 123,708,684 for; 1,438,874 withheld.","Ernst & Young Hua Ming LLP ratified as auditor for FY2025: 132,373,990 for, 24,398 against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":6129045519.941314,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":157821,"accession_number":"0001140361-25-020333","cik":1680062,"company_name":"ACM Research, Inc.","ticker":"ACMR","form_type":"8-K","filed_at":"2025-05-23T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"ACM Shanghai reaffirms FY2025 revenue guidance of RMB 6.5-7.1B; Q1 strong growth","summary_kind":"llm","event_type":"earnings","confidence":"medium","bullets":["FY2025 revenue guidance reaffirmed at RMB 6.5–7.1B; strong Q1 growth with solid shipments expected in Q2–Q3.","PECVD system (first-of-its-kind 'one chamber, three chucks') in customer verification; market entry expected in 2025 with 3+ additional evaluations.","3D stacking electroplating systems (Ultra ECP 3d/ap) show strong sales; TSV tools fully localized for Chinese customers with repeat orders.","High-temperature sulfuric acid cleaning equipment (>170°C) validated in high-volume production; Tahoe tool cuts acid use by up to 75%.","Panel-level horizontal electroplating wins 'Technology Enablement Award'; supports AI chip packaging for panels up to 600x600mm."],"consensus_eps_estimate":null,"consensus_eps_actual":0.3,"consensus_revenue_estimate":null,"consensus_revenue_actual":172347000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":6129045519.941314,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":157820,"accession_number":"0001140361-25-017795","cik":1680062,"company_name":"ACM Research, Inc.","ticker":"ACMR","form_type":"8-K","filed_at":"2025-05-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"ACM Research Q1 revenue $172.3M (+13% YoY); GAAP EPS $0.30, non-GAAP $0.46","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $172.3M, up 13% YoY; GAAP diluted EPS $0.30 vs $0.26; non-GAAP diluted EPS $0.46 vs $0.52.","GAAP gross margin 47.9%, down from 52.0% YoY; non-GAAP gross margin 48.2% vs 52.5%.","Qualified high-temperature SPM tool with leading China logic customer; U.S. customer accepted backside/bevel etch tool.","Received 2025 3D InCites Technology Enablement Award for Ultra ECP ap-p horizontal plating tool.","Expecting incremental 2025 revenue from Tahoe, SPM, furnace; investing in Oregon facility for global customer evaluations."],"consensus_eps_estimate":null,"consensus_eps_actual":0.3,"consensus_revenue_estimate":null,"consensus_revenue_actual":172347000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":6129045519.941314,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":157819,"accession_number":"0001140361-25-016210","cik":1680062,"company_name":"ACM Research, Inc.","ticker":"ACMR","form_type":"8-K","filed_at":"2025-04-29T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"ACM Research Q1 preliminary rev $165-170M (+8.4-11.7% YoY); reaffirms FY rev $850-950M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Preliminary Q1 2025 revenue $165-170M, up 8.4-11.7% year-over-year.","Preliminary Q1 shipments $154-157M, down 36-37% YoY due to Q4 customer pull-ins; combined Q4 2024+Q1 2025 shipments up 8-9%.","Reaffirms FY 2025 revenue outlook of $850-950M, representing 9-21% growth.","ACM Shanghai released first quarter results today; ACM owns 81.1% of ACM Shanghai.","Full Q1 2025 earnings call scheduled for May 8, 2025 at 8 a.m. ET."],"consensus_eps_estimate":null,"consensus_eps_actual":0.3,"consensus_revenue_estimate":null,"consensus_revenue_actual":172347000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":6129045519.941314,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":157818,"accession_number":"0001140361-25-014761","cik":1680062,"company_name":"ACM Research, Inc.","ticker":"ACMR","form_type":"8-K","filed_at":"2025-04-21T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"ACM Research director Chenming C. Hu will not seek reelection at 2025 annual meeting","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Dr. Hu notified the Board on April 18, 2025 of his decision not to stand for reelection.","He will continue serving as director until the 2025 Annual Meeting of Stockholders.","His decision was not due to any disagreement with ACM Research's operations, policies, or practices."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":6129045519.941314,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":176201,"accession_number":"0001140361-25-010034","cik":1680062,"company_name":"ACM Research, Inc.","ticker":"ACMR","form_type":"8-K","filed_at":"2025-03-24T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"ACM Shanghai provides 2024 business update: furnace customers double, Tahoe cleaning gains traction","summary_kind":"llm","event_type":"other_material","confidence":"medium","bullets":["Furnace equipment customer count grew to 17 at end-2024, up from 9 a year earlier; expects accelerating revenue contribution in 2025.","Tahoe cleaning equipment reduces sulfuric acid consumption by up to 75%; received repeat orders from a logic manufacturer and verified at a major memory maker.","Cleaning and plating products hold over 30% market share in China; cleaning solutions cover ~90-95% of process steps from upstream to downstream.","New 300WPH KrF-line Track equipment expected to be delivered by mid-2025 for verification; confident in localization of high-end Track in China.","Panel-level horizontal plating equipment won 'Technology Enablement Award' from 3D InCites; capable of processing up to 600x600 mm panels."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":6129045519.941314,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":176200,"accession_number":"0001140361-25-009270","cik":1680062,"company_name":"ACM Research, Inc.","ticker":"ACMR","form_type":"8-K","filed_at":"2025-03-18T23:59:59+00:00","items":["5.02","8.01","9.01"],"status":"ready","headline":"ACM Research appoints Charlie Pappis to Board of Directors, effective March 15, 2025","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Charlie Pappis, a semiconductor industry veteran with 40+ years of experience, appointed to board.","Board size increases to five members with the addition of Pappis.","Pappis received an option to purchase 10,000 shares at $29.18, vesting before 2025 annual meeting.","He previously held executive leadership roles at a major U.S. semiconductor equipment company.","Appointment effective March 15, 2025; press release issued March 18, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":6129045519.941314,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":176199,"accession_number":"0001140361-25-005981","cik":1680062,"company_name":"ACM Research, Inc.","ticker":"ACMR","form_type":"8-K","filed_at":"2025-02-26T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"ACM Research FY2024 revenue up 40% to $782M, operating profit up 58%, $152M cash from ops","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $223.5M (+31% YoY), GAAP diluted EPS $0.46, non-GAAP $0.56.","FY2024 revenue $782.1M (+40% YoY); GAAP gross margin 50.1%, non-GAAP 50.4%.","Operating profit rose 57.6% to $151.0M GAAP; cash flow from operations $152M.","Achieved ALD furnace tool qualification at two semiconductor customers in mainland China.","Started initial operations at Lingang facility; U.S. Entity List impact seen as manageable."],"consensus_eps_estimate":null,"consensus_eps_actual":1.53,"consensus_revenue_estimate":null,"consensus_revenue_actual":782118000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":6129045519.941314,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":176198,"accession_number":"0001140361-25-001011","cik":1680062,"company_name":"ACM Research, Inc.","ticker":"ACMR","form_type":"8-K","filed_at":"2025-01-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"ACM Research raises 2024 revenue outlook to $755-770M; initial 2025 view $850-950M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Updated 2024 revenue guidance raised to $755-770M from prior $725-745M (up ~4% at midpoint).","Initial 2025 revenue guidance of $850-950M, reflecting continued growth expectations.","CEO cites ongoing mainland China capacity investments and manageable supply chain impact from US export restrictions.","ACM plans to release Q4 and FY 2024 financial results in late February 2025.","Will participate in UBS (Jan 15) and Needham Growth Conference (Jan 16) meetings."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":6129045519.941314,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":193093,"accession_number":"0001140361-24-046185","cik":1680062,"company_name":"ACM Research, Inc.","ticker":"ACMR","form_type":"8-K","filed_at":"2024-11-12T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Xiao Xing resigns from ACM Research board effective November 15, 2024","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Director Xiao Xing provided notice of resignation from Board and Audit Committee, effective Nov 15, 2024.","Resignation not due to any disagreement with the Company, Board, management, or operations.","Ms. Xing served on Audit Committee; resignation reduces committee size and no replacement named."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":6129045519.941314,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":193092,"accession_number":"0001140361-24-045488","cik":1680062,"company_name":"ACM Research, Inc.","ticker":"ACMR","form_type":"8-K","filed_at":"2024-11-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"ACM Research reports record Q3 revenue of $204M; raises 2024 outlook","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 revenue $204.0M (record), up 21% YoY from $168.6M; shipments and cash flow from operations positive.","GAAP diluted EPS $0.45; non-GAAP diluted EPS $0.63, vs $0.39 and $0.57 in Q3 2023.","Gross margin 51.4% (GAAP), down 110 bps from 52.5% a year ago; non-GAAP 51.6%.","2024 revenue outlook raised; growth driven by mainland China share gains and new product ramps.","Tahoe cleaning tool gains momentum with logic/memory customers, cutting sulfuric acid use by up to 75%."],"consensus_eps_estimate":null,"consensus_eps_actual":1.07,"consensus_revenue_estimate":null,"consensus_revenue_actual":558647000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":6129045519.941314,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":193091,"accession_number":"0001140361-24-044585","cik":1680062,"company_name":"ACM Research, Inc.","ticker":"ACMR","form_type":"8-K","filed_at":"2024-10-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"ACM Research preliminary Q3 revenue $200-203M, up 19-20% YoY","summary_kind":"llm","event_type":"earnings","confidence":"medium","bullets":["Preliminary unaudited Q3 revenue expected $200-203M, up 19-20% YoY.","Preliminary total shipments expected $245-255M, up 15-19% YoY.","Full Q3 results and revenue outlook will be discussed on Nov 7 earnings call.","ACM owns 82% of ACM Shanghai; substantial majority of consolidated revenue and net income."],"consensus_eps_estimate":null,"consensus_eps_actual":1.07,"consensus_revenue_estimate":null,"consensus_revenue_actual":558647000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":6129045519.941314,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":209468,"accession_number":"0001140361-24-042339","cik":1680062,"company_name":"ACM Research, Inc.","ticker":"ACMR","form_type":"8-K","filed_at":"2024-09-30T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"ACM Shanghai backlog flat YoY at RMB 6.76B; orders under contract up 3.66%","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Total backlog of RMB 6,764.6M ($964.8M) as of Sep 30, 2024 vs RMB 6,795.8M a year ago, down 0.46%.","Orders under contract rose 3.66% YoY to RMB 6,764.6M; orders awarded by formal bidding pending contract dropped to zero from RMB 270.1M.","ACM Shanghai to report nine-month results on Oct 30, 2024; ACM to release preliminary results same day and full Q3 results in early Nov.","Backlog is a non-GAAP measure; includes shipped tools not yet recognized as revenue and expected future shipments."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":6129045519.941314,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":209467,"accession_number":"0001140361-24-036019","cik":1680062,"company_name":"ACM Research, Inc.","ticker":"ACMR","form_type":"8-K","filed_at":"2024-08-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"ACM Research Q2 revenue record $202.5M, raises 2024 outlook; long-term target $3B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 revenue $202.5M (up 40% YoY); GAAP diluted EPS $0.35; non-GAAP diluted EPS $0.55.","Gross margin 47.8% GAAP, 48.2% non-GAAP, roughly flat YoY.","Raised 2024 revenue outlook; long-term target increased to $3B.","New Panel ECP tool (Ultra ECP ap-p) for AI/GPU/HBM packaging; R&D facility purchase in Oregon.","Strong profitability and positive cash flow from operations."],"consensus_eps_estimate":null,"consensus_eps_actual":0.61,"consensus_revenue_estimate":null,"consensus_revenue_actual":354671000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":6129045519.941314,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":227525,"accession_number":"0001140361-24-030751","cik":1680062,"company_name":"ACM Research, Inc.","ticker":"ACMR","form_type":"8-K","filed_at":"2024-06-20T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"ACM Research subsidiary ACM Shanghai approves ~$37.7M dividend, targets 29-49% revenue growth","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["ACM Shanghai stockholders approved a dividend of approx. RMB 273.2M ($37.7M), expected by end of 2024.","2024 budget targets revenue growth of 29%-49% and R&D expense growth of 22%-58% (Chinese GAAP).","ACM Research owns 82.1% of ACM Shanghai; repatriation of dividend proceeds to the US is uncertain.","Company plans to use net proceeds from the dividend for working capital and general corporate purposes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":6129045519.941314,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":227524,"accession_number":"0001140361-24-030349","cik":1680062,"company_name":"ACM Research, Inc.","ticker":"ACMR","form_type":"8-K","filed_at":"2024-06-17T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"ACM Research stockholders elect all five director nominees, ratify auditor, approve executive comp","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All five nominees elected: David H. Wang (117M for), Haiping Dun (118.9M for), Chenming C. Hu (114.7M for), Tracy Liu (117.4M for), Xiao Xing (122.4M for).","Ratified Ernst & Young Hua Ming LLP as independent auditor for FY2024: 130.3M for, 69K against.","Advisory vote on 2023 executive compensation approved: 104.3M for, 18.3M against.","Advisory vote on frequency of future advisory votes approved as every three years: 102.5M for 3 years, 20M for 1 year."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":6129045519.941314,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":227523,"accession_number":"0001140361-24-026683","cik":1680062,"company_name":"ACM Research, Inc.","ticker":"ACMR","form_type":"8-K","filed_at":"2024-05-17T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"ACM Shanghai guides FY2024 revenue RMB5-5.8B, gross margin at 40-45% upper end","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q1 2024 performance reviewed; FY2024 revenue expected between RMB5B and RMB5.8B (~$690-800M).","Gross margin seen at upper end of 40%-45% target range; cleaning equipment ~70% of revenue.","First SAPS cleaning tool qualified at a U.S. customer; repeat orders anticipated.","Copper-plating & furnace tools to be 15-20% of 2024 revenue; PECVD expects 2-3 customers this year.","Track product ArF results due mid-2024; Lingang Research Lab expected to open May-June 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":0.26,"consensus_revenue_estimate":null,"consensus_revenue_actual":152191000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":6129045519.941314,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":227522,"accession_number":"0001140361-24-024791","cik":1680062,"company_name":"ACM Research, Inc.","ticker":"ACMR","form_type":"8-K","filed_at":"2024-05-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"ACM Research Q1 revenue up 105% YoY to $152M; GAAP diluted EPS $0.26","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $152.2M, up 105% YoY; GAAP diluted EPS $0.26 vs $0.11.","Non-GAAP diluted EPS $0.52, up from $0.15 YoY; gross margin 52.0% (GAAP).","Record shipments; CEO cites continued spending on mature nodes and market share gains.","Expects growth in 2024 from new products (Tahoe, ECP, furnace) and global expansion.","Initial production at Lingang facility expected to begin this year."],"consensus_eps_estimate":null,"consensus_eps_actual":0.26,"consensus_revenue_estimate":null,"consensus_revenue_actual":152191000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":6129045519.941314,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":227521,"accession_number":"0001140361-24-022270","cik":1680062,"company_name":"ACM Research, Inc.","ticker":"ACMR","form_type":"8-K","filed_at":"2024-04-26T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"ACM Research pre-announces Q1 revenue $150-152M, up 102-105% YoY; reaffirms FY2024 outlook","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Preliminary Q1 2024 revenue $150M-$152M, year-over-year growth of 102% to 105%.","Preliminary total shipments $235M-$240M, YoY growth of 163% to 169%.","Reaffirms full-year 2024 revenue outlook $650M-$725M, representing 17% to 30% YoY growth.","Earnings call scheduled for May 8, 2024 at 8 a.m. ET to discuss full Q1 results.","ACM owns 82.1% of ACM Shanghai, which released separate unaudited results to Shanghai Stock Exchange."],"consensus_eps_estimate":null,"consensus_eps_actual":0.26,"consensus_revenue_estimate":null,"consensus_revenue_actual":152191000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":6129045519.941314,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":246364,"accession_number":"0001140361-24-014509","cik":1680062,"company_name":"ACM Research, Inc.","ticker":"ACMR","form_type":"8-K","filed_at":"2024-03-21T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"ACM Shanghai guides 2024 revenue RMB 5-5.8B; shipments growth to exceed revenue","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["2024 revenue guidance of RMB 5-5.8 billion, driven by China's semiconductor demand.","Shipments growth rate expected to exceed revenue growth in 2024 due to deferred deliveries.","Cleaning equipment covers 90-95% of cleaning steps; targets 55-60% China market share.","Track and PECVD equipment expected to contribute revenue starting 2025.","R&D spending projected at 15-16% of revenue; overseas revenue remains minor."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":6129045519.941314,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":246363,"accession_number":"0001140361-24-009927","cik":1680062,"company_name":"ACM Research, Inc.","ticker":"ACMR","form_type":"8-K","filed_at":"2024-02-28T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"ACM Research reports Q4 revenue $170.3M (+57% YoY); FY revenue $557.7M (+43% YoY)","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 GAAP diluted EPS $0.26 vs $0.18 YoY; non-GAAP diluted EPS $0.43 vs $0.19 YoY.","Full-year 2023 GAAP net income $77.3M ($1.16 diluted EPS) vs $39.3M ($0.59) YoY; non-GAAP $107.4M ($1.63).","Revenue growth driven by cleaning products (+48%) and ECP/furnace products (+33%, >$100M milestone).","Received technical qualification for SAPS production tool from a leading US semiconductor manufacturer.","Management expects another year of growth in 2024, citing mature node investment in China and new product cycles."],"consensus_eps_estimate":null,"consensus_eps_actual":1.16,"consensus_revenue_estimate":null,"consensus_revenue_actual":557723000.0,"consensus_period":"2023-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":6129045519.941314,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":246362,"accession_number":"0001140361-24-005323","cik":1680062,"company_name":"ACM Research, Inc.","ticker":"ACMR","form_type":"8-K","filed_at":"2024-02-02T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"ACM Shanghai investor update: sees 2024 China uptick, overseas progress, product roadmaps","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Cleaning equipment now addresses ~95% of process steps; PECVD uses unique one-chamber-three-chucks design, targeting 3-5 new core customers in 2024.","Track strategy: start with KrF-line 300WPH, then 400WPH and immersion ArF; aims for both domestic and global market.","Overseas: US customer positive feedback, European equipment delivered Sep 2023, SK Hynix cooperation expanded beyond cleaning.","Furnace ALD in customer verification; expects growing orders in 2024; Track and PECVD to launch in 2025.","Long-term goal: 50% domestic, 50% overseas sales; 2024 China market expected to outperform 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":6129045519.941314,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":246361,"accession_number":"0001140361-24-003765","cik":1680062,"company_name":"ACM Research, Inc.","ticker":"ACMR","form_type":"8-K","filed_at":"2024-01-25T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"ACM Research subsidiary ACM Shanghai proposes private offering of up to RMB 4.5B ($625M) in ordinary shares","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Up to 43.6M ordinary shares (10% of share capital) offered by ACM Research (Shanghai).","Gross proceeds of up to RMB 4.5B ($625M) for R&D, capex, and working capital.","ACM's equity interest to decrease from 82.1% to approximately 74.6% if fully sold.","Offering subject to shareholder approval, SSE review, and CSRC registration."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":6129045519.941314,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":246360,"accession_number":"0001140361-24-001418","cik":1680062,"company_name":"ACM Research, Inc.","ticker":"ACMR","form_type":"8-K","filed_at":"2024-01-09T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"ACM Research raises 2023 revenue outlook to $530-545M; guides 2024 revenue $650-725M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["2023 revenue outlook raised to $530-545M from prior $520-540M, citing strong China demand.","Initial 2024 revenue guidance of $650-725M, driven by mature node investments and multi-product expansion.","CEO David Wang highlights progress with customers beyond mainland China for future growth.","Full year 2023 financial results expected in late February 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":1.16,"consensus_revenue_estimate":null,"consensus_revenue_actual":557723000.0,"consensus_period":"2023-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":6129045519.941314,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2024-01-09T23:59:59+00:00|246360"}