ACM Research Q1 preliminary rev $165-170M (+8.4-11.7% YoY); reaffirms FY rev $850-950M

ACM Research, Inc.

2025-Q1 EPS reported $0.30 revenue$172,347,000

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.

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