---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-024791"
form_type: "8-K"
ticker: "ACMR"
cik: "0001680062"
company_name: "ACM Research, Inc."
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T11:02:12.002087+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ACM Research Q1 revenue up 105% YoY to $152M; GAAP diluted EPS $0.26

## Summary
- 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.

## SEC filing metadata
- accession: 0001140361-24-024791
- form_type: 8-K
- ticker: ACMR
- cik: 0001680062
- company_name: ACM Research, Inc.
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1680062/000114036124024791/0001140361-24-024791-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1680062/000114036124024791/ef20028595_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-024791
- JSON: https://secwatch.observer/filing/0001140361-24-024791.json
- Plain text: https://secwatch.observer/filing/0001140361-24-024791.txt

## Key facts
- Earnings Releases
  ACM Research, Inc. reported first quarter ended March 31, 2024 results: revenue $ 152,191, net income $ 17,433, EPS $ 0.26.
  - Period: first quarter ended March 31, 2024
  - Revenue: $ 152,191
  - Net income: $ 17,433
  - EPS: $ 0.26
  - Result: reported results
  source text: Three Months Ended March 31, GAAP Non-GAAP(1) 2024 2023 2024 2023 (dollars in thousands, except EPS) Revenue $ 152,191 $ 74,256 $ 152,191 $ 74,256
  evidence_url: https://www.sec.gov/Archives/edgar/data/1680062/000114036124024791/0001140361-24-024791-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.