07:08 AM EST, 01/14/2025 (MT Newswires) -- ACM Research ( ACMR ) said Tuesday that it now expects 2024 revenue of $755 million to $770 million, up from its previous guidance range of $725 million to $745 million.

Analysts polled by FactSet expect $739.6 million.

The company also said it estimates 2025 revenue of $850 million to $950 million. Analysts polled by FactSet expect $897.9 million.

ACM Research ( ACMR ) is set to release its Q4 and 2024 financial results in late February.

Shares of ACM Research ( ACMR ) were up 6% in recent premarket activity.