ACM Research Raises 2026 Revenue Guidance Following Strong Q3 Growth
ACM Research (ACMR) reported strong third-quarter results, highlighted by a 37% increase in revenue and a 31% rise in shipments. CEO David Wang expressed confidence in the company's momentum, noting that shipment volumes are currently outpacing revenue growth, which suggests potential for increased scale and efficiency in upcoming periods. Based on this performance, the company has raised its full-year 2026 revenue outlook to a range of $1.24 billion to $1.28 billion. This upward revision reflects management's optimism regarding market demand and the company's ability to execute its growth strategy within the semiconductor equipment sector.
Tickers: $ACMR