ACM Research (ACMR) Sees 36% Price Surge Over Last Quarter
ACM Research (ACMR) reported strong second-quarter results, posting revenue growth to USD 215 million and an increase in net income to USD 30 million, alongside earnings per share improvements. Concurrently, upgrades to its Ultra C wb cleaning tool with patent-pending N2 bubbling technology reinforced its position in advanced-node manufacturing. During the same period, the company maintained its revenue guidance for 2025 between USD 850 million and USD 950 million. While the overall market experienced steady gains, Chairman Powell’s indication of possible rate cuts fueled optimism, supporting the company’s share price rise of 36% over the past quarter.
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