ACM Research, Inc. (ACMR) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.495 Good day, ladies and gentlemen. Thank you for standing by, and welcome to the ACM Research 00:00:04.495 -- 00:00:08.198 Third Quarter 2025 Earnings Conference Call. 00:00:08.198 -- 00:00:11.061 Currently, all participants are in a listen-only mode. 00:00:11.061 -- 00:00:14.824 Later, we will conduct a question-and-answer session, and instructions will follow at 00:00:14.824 -- 00:00:19.068 that time. As a reminder, we are recording today's call. 00:00:19.068 -- 00:00:22.691 If you have any objections, you may disconnect at this time. 00:00:22.691 -- 00:00:27.516 Now, I'd like to turn the call over to Stephen Paleo, Managing Director of the Blue Shirt 00:00:27.516 -- 00:00:29.984 Group. Stephen, please go ahead. 00:00:29.984 -- 00:00:34.770 Good day, everyone. Thank you for joining us to discuss third quarter 2025 results, which 00:00:34.770 -- 00:00:37.333 we released before the U.S. market opened today. 00:00:37.333 -- 00:00:41.438 The release is available on our website as well as from Newswire Services. 00:00:41.438 -- 00:00:45.543 There is also a supplemental slide deck posted to the investor section of our website 00:00:45.543 -- 00:00:48.106 that we will reference during our prepared remarks. 00:00:48.106 -- 00:00:53.253 On the call with me today are CEO Dr. David Wong, our CFO Mark 00:00:53.253 -- 00:00:58.908 McKechnie, and Lisa Fang, our CFO of our operating subsidiary, ACM Shanghai. 00:00:58.908 -- 00:01:01.752 Before we continue, please turn to slide two. 00:01:01.752 -- 00:01:06.199 Let me remind you that the remarks made during this call may include predictions, estimates, 00:01:06.199 -- 00:01:09.183 or other information that might be considered forward-looking. 00:01:09.183 -- 00:01:12.888 These forward-looking state...