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ACM Research Maintained FY24 Revenue of $650M-$725M Vs $699.37M Est

Author: Benzinga Newsdesk | May 08, 2024 06:05am

Outlook

ACM is maintaining its revenue guidance range of $650 million to $725 million for fiscal year 2024. This expectation is based on ACM management's current assessment of the continuing impact from international trade policy, together with various expected spending scenarios of key customers, supply chain constraints, and the timing of acceptances for first tools under evaluation in the field, among other factors.

Posted In: ACMR

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