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home / news releases / ACMR - ACM Research sees Q1 prelim revenue below prior provided estimates

ACMR - ACM Research sees Q1 prelim revenue below prior provided estimates

ACM Research Inc.
ACM Research (NASDAQ:ACMR) sees prelim revenue for Q1 to be in range of $40 to $42M. The company's revenue is significantly below its previous internal plan as a result of the operational limitations resulting from the COVID-19 lockdowns in Shanghai. The company believes the impact of the restrictions to be temporary with some revenue being deferred from Q1 to Q2. Earnings are scheduled for May 6 wherein revenue outlook for the remainder of the year will be also provided.

For further details see:

ACM Research sees Q1 prelim revenue below prior provided estimates
Stock Information
Company Name: ACM Research Inc.
Stock Symbol: ACMR
Market: NASDAQ
Website: acmrcsh.com
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