ACM Research, Inc. (NASDAQ:ACMR) Q2 2024 Earnings Conference Call August 7, 2024 8:00 AM ET

Company Participants

Steven Pelayo - Managing Director, The Blueshirt Group
David Wang - Chief Executive Officer
Mark McKechnie - Chief Financial Officer

Conference Call Participants

Suji Desilva - ROTH Capital
Charles Shi - Needham & Co.
Mark Miller - The Benchmark Company
Robert McKay - Blue Lotus

Operator

Good day, ladies and gentlemen. Thank you for standing by and welcome to the ACM Research Fiscal Second Quarter 2024 Earnings Conference Call. Currently, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session and instructions will follow at that time. As a reminder, we are recording today's call. If you have any objections you may disconnect at this time.

Now I'll turn the call over to Mr. Steven Pelayo, Managing Director of The Blueshirt Group. Mr. Pelayo, please go ahead.

Steven Pelayo

Thank you, Desmond. Good day everyone. Thank you for joining us to discuss second quarter of 2024 results, which we released before the U.S. market opened today. The release is available on our website as well as from Newswire services. There is also a supplemental slide deck posted to the Investors section of our website that we will reference during our prepared remarks.

On the call with me today are our CEO, David Wang; our CFO, Mark McKechnie; and Lisa Feng, our CFO of our operating subsidiary ACM Shanghai.

Before we continue please turn to Slide 2. Let me remind you that remarks made during this call may include predictions estimates or other information that might be considered forward-looking. These forward-looking statements represent ACM's current judgment for the future. However, they are subject to risks and uncertainties that could cause actual results to differ materially. Those risks are described under Risk Factors and elsewhere in ACM's filings with the Securities and Exchange Commission.

Please do not place undue reliance on these forward-looking statements, which reflect ACM's opinions only as of the date of this call. ACM is not obliged to update you on any revisions to these forward-looking statements.

Certain of these financial results that we provide on this call will be on a non-GAAP basis, which excludes stock-based compensation and an unrealized gain or loss on short-term investments. For our GAAP results and reconciliations between GAAP and non-GAAP amounts you should refer to our slides -- or pardon me, you should refer to our earnings release, which is posted on the IR section of our website and to Slide 12.