Benzinga | Aug 5, 2020 05:12PM EDT

ACM Research Q2 EPS $0.29 Beats $0.19 Estimate, Sales $39.05M Beat $31.32M Estimate

ACM Research (NASDAQ:ACMR) reported quarterly earnings of $0.29 per share which beat the analyst consensus estimate of $0.19 by 52.63 percent. This is a 11.54 percent increase over earnings of $0.26 per share from the same period last year. The company reported quarterly sales of $39.05 million which beat the analyst consensus estimate of $31.32 million by 24.68 percent. This is a 34.61 percent increase over sales of $29.01 million the same period last year.