Benzinga | Nov 5, 2021 09:31AM EDT

Recap: ACM Research Q3 Earnings

ACM Research (NASDAQ:ACMR) reported its Q3 earnings results on Thursday, November 4, 2021 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

ACM Research their estimated earnings by 43.59%, reporting an EPS of $0.56 versus an estimate of $0.39, which surprised analysts.

Revenue was up $19,348,000 from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.1, which was followed by a 4.29% drop in the share price the next day.

Here's a look at ACM Research's past performance:



Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020EPS Estimate 0.29 0.20 0.27 0.37EPS Actual 0.19 0.35 0.29 0.42Revenue Estimate 53.49M 42.58M 42.15M 45.47MRevenue Actual 53.86M 43.73M 45.56M 47.66M

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