ACM Research raises 2024 revenue outlook to $755-770M; initial 2025 view $850-950M

ACM Research, Inc.

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.

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