ACM Research Q3 net income falls 96% year over year to $1.54 million

• 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.

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