ACM Research Q3 net income falls 96% year over year to $1.54 million
Bitget2026/11/05 12:48- ACM Research’s third-quarter net income attributable to shareholders fell 96% year-over-year to $1.54 million; unrealized short-term investment losses totaled $39.1 million.
- Revenue climbed 37% year-over-year to $367.69 million, primarily driven by higher equipment sales.
- Operating income rose 92% year-over-year to $55.53 million, while operating margin reached 15.1%.
- The second Lingang manufacturing building is coming online in the fourth quarter, doubling manufacturing floor space.
- FY26 revenue guidance rose to $1.24 billion to $1.28 billion, reflecting strong customer demand and expectations for robust fourth-quarter shipment growth.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Report: Anthropic Plans to Raise Issuance Price, Seeks $1.5 Trillion Valuation, and Aims to Raise Over $100 Billion
Anthropic's IPO roadshow received strong investor demand within less than a day, prompting underwriters to consider raising the offering price to above $78 per share. The company’s valuation is expected to surpass 1.5 trillions USD, with total fundraising likely to exceed 100 billions USD. According to three Anthropic shareholders, the company's main goal is to raise as much capital as possible to support its extensive computing power expenditure plans.
BlackRock’s crypto portfolio falls by nearly $5 billion so far in November 2026
Domestic refined oil retail price cap may see first drop since late August
Crypto prices
More
