FREMONT, Calif., Aug. 07, 2026 (GLOBE NEWSWIRE) — ACM Resea ch, I c. (“ACM”) (NASDAQ: ACMR), a leadi g supplie of wafe p ocessi g solutio s fo semico ducto a d adva ced wafe -level packagi g applicatio s, today epo ted fi a cial esults fo its seco d qua te e ded Ju e 30, 2026.
“We delive ed a st o g seco d qua te , with eve ue a d shipme ts both i c easi g 36% yea ove yea ,” said D . David Wa g, P eside t a d Chief Executive Office of ACM. “Reve ue g owth was led by the ECP a d adva ced packagi g catego ies, which g ew 168% a d 153%, espectively, eflecti g the g owi g co t ibutio of ou b oade p oduct po tfolio. Du i g the qua te , we shipped ou 2,000th ECP chambe , a impo ta t milesto e that demo st ates the i c easi g adoptio of ou ECP tech ology i high-volume ma ufactu i g of logic, memo y a d 3D packagi g. We also delive ed good p ofitability, a d e ded the qua te with $1.0 billio i et cash, p ovidi g sig ifica t fi a cial st e gth to suppo t ou lo g-te m g owth st ategy.”
D . Wa g co ti ued, “Custome dema d as demo st ated by i c eased o de activity p ovides us with good visibility fo the emai de of 2026. We see 2026 as a ‘Big Yea ’ fo ew p oducts as we p oceed with custome evaluatio s a d p oduct amps ac oss multiple platfo ms, i cludi g SPM Clea i g, T ack, PECVD a d ho izo tal pa el-level plati g fo adva ced packagi g. At the same time, we a e expa di g e gageme t with global custome s a d maki g solid p og ess at ou O ego facility. We a e aisi g ou full-yea 2026 eve ue outlook fo 25% to 30% g owth. We emai co fide t i ou ability to outg ow the ma ket th ough ew p oduct cycles, ma ket sha e gai s a d i c easi g co t ibutio s f om global ma kets as we execute towa d ou lo g-te m eve ue ta get of $4 billio .”
| (dolla s i thousa ds, except EPS) | Reve ue | $ | 292,919 | $ | 215,372 | $ | 292,919 | $ | 215,372 | G oss ma gi | 46.0 | % | 48.5 | % | 46.0 | % | 48.7 | % | I come f om ope atio s | $ | 49,743 | $ | 31,694 | $ | 56,326 | $ | 41,464 | Net i come att ibutable to ACM Resea ch, I c. | $ | 88,984 | $ | 29,760 | $ | 44,516 | $ | 37,316 | Basic EPS | $ | 1.31 | $ | 0.47 | $ | 0.66 | $ | 0.58 | Diluted EPS | $ | 1.23 | $ | 0.44 | $ | 0.61 | $ | 0.55 |
| (dolla s i thousa ds, except EPS) | Reve ue | $ | 524,182 | $ | 387,719 | $ | 524,182 | $ | 387,719 | G oss ma gi | 46.1 | % | 48.2 | % | 46.2 | % | 48.5 | % | I come f om ope atio s | $ | 85,920 | $ | 57,471 | $ | 98,124 | $ | 77,058 | Net i come att ibutable to ACM Resea ch, I c. | $ | 106,291 | $ | 50,140 | $ | 68,484 | $ | 68,395 | Basic EPS | $ | 1.59 | $ | 0.79 | $ | 1.02 | $ | 1.08 | Diluted EPS | $ | 1.49 | $ | 0.74 | $ | 0.96 | $ | 1.01 |
(1) Reco ciliatio s to U.S. ge e ally accepted accou ti g p i ciples (“GAAP”) fi a cial measu es f om o -GAAP fi a cial measu es a e p ese ted below u de “Reco ciliatio of GAAP to No -GAAP Fi a cial Measu es.” No -GAAP fi a cial measu es exclude stock-based compe satio a d, with espect to et i come att ibutable to ACM Resea ch, I c. a d basic a d diluted ea i gs pe sha e, also exclude u ealized gai o sho t-te m i vestme ts a d its impact to et i come att ibutable to o -co t olli g i te ests.
ACM has aised its eve ue guida ce a ge to $1.125 billio to $1.175 billio fo fiscal yea 2026, f om the p io a ge of $1.08 billio to $1.175 billio . This expectatio is based o ACM ma ageme t’s cu e t assessme t of the co ti ui g impact f om i te atio al t ade policy, togethe with va ious expected spe di g sce a ios of key custome s, supply chai co st ai ts, a d the timi g of accepta ces fo fi st tools u de evaluatio i the field, amo g othe facto s.
Shipme ts. Total shipme ts i the seco d qua te of 2026 we e $281.5 millio , up 36.4% whe compa ed to the seco d qua te of 2025. Total shipme ts i clude delive ies fo eve ue i the qua te a d delive ies of fi st tool systems awaiti g custome accepta ce fo pote tial eve ue i futu e qua te s.Shipme t of the 2,000th Elect oplati g Chambe . ACM shipped its 2,000th elect oplati g chambe , followi g shipme t milesto es of 500 chambe s i 2022 a d 1,500 chambe s i 2025. The achieveme t u de sco es the co ti ued comme cial expa sio a d g owi g ma ket ecog itio of ACM’s elect oplati g solutio s.P ese ted P op ieta y High-Tempe atu e SPM Clea i g Tech ology at SPCC 2026. ACM p ese ted its p op ieta y high-tempe atu e SPM clea i g tech ology at the Su face P epa atio a d Clea i g Co fe e ce (SPCC) 2026, showcasi g pa ticle pe fo ma ce of fewe tha 15 pa ticles at 15 m without equi i g pe iodic DI wate chambe clea i g. The tech ology is desig ed to imp ove yield a d lowe mai te a ce equi eme ts fo adva ced GAA logic, DRAM a d HBM applicatio s.Expa sio of the Ult a C Tahoe Wet P ocessi g Platfo m. ACM has expa ded its Ult a C Tahoe system i to a multi-p ocess wet p ocessi g platfo m, by addi g adva ced wet etch a d mo ito wafe eclaim applicatio s fo logic a d memo y ma ufactu i g. The expa ded platfo m has bee adopted by leadi g semico ducto ma ufactu e s, a d the Tahoe Recycle applicatio is u i g i volume p oductio at custome facilities. This expa ded Tahoe platfo m demo st ates the ve satility of ou hyb id a chitectu e a d its scalability fo adva ced semico ducto ma ufactu i g. ACM will co ti ue to d ive wo ld-class p ocess pe fo ma ce a d i teg ati g e vi o me tal be efits i to p oduct developme t to help make adva ced semico ducto ma ufactu i g mo e efficie t a d sustai able.Received O de s fo the Ult a ECP ap-p Tool. ACM eceived the fi st p oductio o de fo o e 510 × 515 mm Ult a ECP ap-p tool f om a existi g adva ced packagi g custome i mai la d Chi a, with delive y scheduled fo the fi st half of 2027. ACM also eceived a evaluatio o de fo o e 310 × 310 mm tool f om a ew leadi g pa el-ma ufactu e custome based i Asia, with delive y scheduled fo the fou th qua te of 2026.
U less othe wise oted, the followi g figu es efe to the seco d qua te of 2026 a d compa iso s a e with the seco d qua te of 2025.
Reve ue was $292.9 millio , up 36.0%, p ima ily d ive by highe sales of ECP (f o t-e d a d packagi g), fu ace a d othe tech ologies, a d adva ced packagi g (excludi g ECP), se vices & spa es, pa tially offset by lowe sales of si gle-wafe clea i g, Tahoe a d semi-c itical clea i g tools.G oss ma gi was 46.0% ve sus 48.5%. No -GAAP g oss ma gi , which excludes stock-based compe satio , was 46.0% ve sus 48.7%. G oss ma gi was above the mid-poi t of ACM’s lo g-te m busi ess model ta get a ge of 42% to 48%. ACM expects g oss ma gi to va y f om pe iod to pe iod due to a va iety of facto s, such as p oduct mix, cu e cy impacts a d sales volume.Ope ati g expe ses we e $84.9 millio , a i c ease of 16.6%. Ope ati g expe ses as a pe ce tage of eve ue dec eased to 29.0% f om 33.8%. No -GAAP ope ati g expe ses, which exclude the effect of stock-based compe satio , we e $78.5 millio , up 23.9%. No -GAAP ope ati g expe ses as a pe ce tage of eve ue dec eased to 26.8% f om 29.4%.Ope ati g i come was $49.7 millio , compa ed to $31.7 millio . Ope ati g ma gi was 17.0% compa ed to 14.7%. No -GAAP ope ati g i come, which excludes the effect of stock-based compe satio , was $56.3 millio , compa ed to $41.5 millio . No -GAAP ope ati g ma gi , which excludes stock-based compe satio , was 19.2% compa ed to 19.3%.U ealized gai o sho t-te m i vestme ts was $69.6 millio , compa ed to a u ealized gai of $2.7 millio . U ealized gai eflects the cha ge i ma ket value of the i vestme ts by ACM’s p i cipal ope ati g subsidia y, ACM Resea ch (Sha ghai), I c. The value is ma ked-to-ma ket qua te ly a d is excluded i the o -GAAP fi a cial met ics.I come tax expe se was $13.5 millio , compa ed to $1.9 millio . The cha ge i tax expe se p ima ily esulted f om the tax effect of a i c ease i ope ati g p ofit fo the pe iod.Net i come att ibutable to ACM Resea ch, I c. was $89.0 millio , compa ed to $29.8 millio . No -GAAP et i come att ibutable to ACM Resea ch, I c., which excludes the effect of stock-based compe satio a d u ealized gai o sho t-te m i vestme ts, was $44.5 millio , compa ed to $37.3 millio .Net i come pe diluted sha e att ibutable to ACM Resea ch, I c. was $1.23, compa ed to $0.44. No -GAAP et i come pe diluted sha e, which excludes the effect of stock-based compe satio a d u ealized gai o sho t-te m i vestme ts, was $0.61, compa ed to $0.55.Cash a d cash equivale ts, plus est icted cash a d sho t-te m time deposits we e $1.36 billio at Ju e 30, 2026, compa ed to $1.25 billio at Ma ch 31, 2026. Net cash, which excludes sho t-te m a d lo g-te m bo owi gs, was $1.0 billio at Ju e 30, 2026, compa ed to $924.2 millio at Ma ch 31, 2026.
A co fe e ce call to discuss esults will be held o F iday, August 7, 2026, at 8:00 a.m. Easte Time (8:00 p.m. Chi a Time). To joi the co fe e ce call via telepho e, pa ticipa ts must use the followi g li k to complete a o li e egist atio p ocess. Upo egiste i g, each pa ticipa t will eceive email i st uctio s to access the co fe e ce call, i cludi g dial-i i fo matio a d a PIN umbe allowi g access to the co fe e ce call. This p e- egist atio p ocess is desig ed by the ope ato to educe delays due to ope ato co gestio whe accessi g the live call.
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ACM p ese ts o -GAAP g oss ma gi , ope ati g expe ses, ope ati g i come, et i come att ibutable to ACM Resea ch, I c. a d basic a d diluted ea i gs pe sha e as suppleme tal measu es to GAAP fi a cial measu es ega di g ACM’s ope atio al pe fo ma ce. These suppleme tal measu es exclude the impact of stock-based compe satio , which ACM does ot believe is i dicative of its co e ope ati g esults. I additio , o -GAAP et i come att ibutable to ACM Resea ch, I c. a d basic a d diluted ea i gs pe sha e exclude the effect of stock-based compe satio a d u ealized gai (loss) o sho t-te m i vestme ts, which ACM also believes a e ot i dicative of its co e ope ati g esults. A eco ciliatio of each o -GAAP fi a cial measu e to the most di ectly compa able GAAP fi a cial measu e is p ovided below u de “Reco ciliatio of GAAP to o -GAAP Fi a cial Measu es.”
ACM believes these o -GAAP fi a cial measu es a e useful to i vesto s i assessi g its ope ati g pe fo ma ce. ACM uses these fi a cial measu es i te ally to evaluate its ope ati g pe fo ma ce a d fo pla i g a d fo ecasti g of futu e pe iods. Fi a cial a alysts may focus o a d publish both histo ical esults a d futu e p ojectio s based o the o -GAAP fi a cial measu es. ACM also believes it is i the best i te ests of i vesto s fo ACM to p ovide this o -GAAP i fo matio .
While ACM believes these o -GAAP fi a cial measu es p ovide useful suppleme tal i fo matio to i vesto s, the e a e limitatio s associated with the use of these o -GAAP fi a cial measu es. These o -GAAP fi a cial measu es may ot be epo ted by competito s, a d they may ot be di ectly compa able to simila ly titled measu es of othe compa ies due to diffe e ces i calculatio methodologies. The o -GAAP fi a cial measu es a e ot a alte ative to GAAP i fo matio a d a e ot mea t to be co side ed i isolatio o as a substitute fo compa able GAAP fi a cial measu es. They should be used o ly as a suppleme t to GAAP i fo matio a d should be co side ed o ly i co ju ctio with ACM’s co solidated fi a cial stateme ts p epa ed i acco da ce with GAAP.
Ce tai stateme ts co tai ed i this p ess elease a e ot histo ical facts a d may be fo wa d-looki g stateme ts withi the mea i g of the P ivate Secu ities Litigatio Refo m Act of 1995. Wo ds such as “pla s,” “expects,” “believes,” “a ticipates,” “desig ed,” a d simila wo ds a e i te ded to ide tify fo wa d-looki g stateme ts. Fo wa d-looki g stateme ts a e based o ACM ma ageme t’s cu e t expectatio s a d beliefs, a d i volve a umbe of isks a d u ce tai ties that a e difficult to p edict a d that could cause actual esults to diffe mate ially f om those stated o implied by the fo wa d-looki g stateme ts. A desc iptio of ce tai of these isks, u ce tai ties a d othe matte s ca be fou d i fili gs ACM makes with the U.S. Secu ities a d Excha ge Commissio , all of which a e available at www.sec.gov. Because fo wa d-looki g stateme ts i volve isks a d u ce tai ties, actual esults a d eve ts may diffe mate ially f om esults a d eve ts cu e tly expected by ACM. Reade s a e cautio ed ot to place u due elia ce o these fo wa d-looki g stateme ts, which speak o ly as of the date he eof. ACM u de takes o obligatio to publicly update these fo wa d-looki g stateme ts to eflect eve ts o ci cumsta ces that occu afte the date he eof o to eflect a y cha ge i its expectatio s with ega d to these fo wa d-looki g stateme ts o the occu e ce of u a ticipated eve ts.
ACM develops, ma ufactu es a d sells semico ducto p ocess equipme t spa i g clea i g, elect oplati g, st ess-f ee polishi g, ve tical fu ace p ocesses, t ack, PECVD, a d wafe – a d pa el-level packagi g tools, e abli g adva ced a d semi-c itical semico ducto device ma ufactu i g. ACM is committed to delive i g customized, high-pe fo ma ce, cost-effective p ocess solutio s that semico ducto ma ufactu e s ca use i ume ous ma ufactu i g steps to imp ove p oductivity a d p oduct yield. Fo mo e i fo matio , visit www.acm .com.
© ACM Resea ch, I c. Ult a C a d the ACM Resea ch logo a e t adema ks of ACM Resea ch, I c. Fo co ve ie ce, these t adema ks appea i this p ess elease without ™ symbols, but that p actice does ot mea that ACM will ot asse t, to the fullest exte t u de applicable law, its ights to the t adema ks.
| I the U ited States: | The Blueshi t G oup | Steve C. Pelayo, CFA | (360) 808-5154 | steve @blueshi tg oup.co | I Chi a: | The Blueshi t G oup Asia | Ga y Dvo chak, CFA | +86 (138) 1079-1480 | ga y@blueshi tg oup.co |
| (U audited) | (I thousa ds) | Cu e t assets: | Cash a d cash equivale ts | $ | 969,229 | $ | 757,373 | Rest icted cash | 21,358 | 8,589 | Sho t-te m time deposits | 365,055 | 366,591 | Sho t-te m i vestme ts | 105,091 | 35,524 | Accou ts eceivables, et | 538,389 | 504,250 | Othe eceivables | 66,820 | 48,655 | I ve to ies, et | 783,119 | 702,631 | Adva ces to elated pa ties | 163 | 2,500 | P epaid expe ses a d othe cu e t assets | 25,554 | 10,567 | Total cu e t assets | 2,874,778 | 2,436,680 | P ope ty, pla t a d equipme t, et | 384,593 | 314,830 | Ope ati g lease ight-of-use assets, et | 16,634 | 17,925 | I ta gible assets, et | 2,516 | 2,847 | Defe ed tax assets | 25,904 | 29,389 | Lo g-te m i vestme ts | 89,249 | 66,035 | Othe lo g-te m assets | 5,564 | 4,479 | Cu e t liabilities: | Sho t-te m bo owi gs | $ | 107,218 | $ | 74,041 | Cu e t po tio of lo g-te m bo owi gs | 40,787 | 35,082 | Related pa ties accou ts payable | 29,799 | 32,060 | Accou ts payable | 220,601 | 215,440 | Adva ces f om custome s | 165,566 | 187,809 | Defe ed eve ue | 15,908 | 17,388 | I come taxes payable | 3,626 | 991 | FIN-48 payable | 28,908 | 27,719 | Othe payables a d acc ued expe ses | 168,944 | 150,396 | Cu e t po tio of ope ati g lease liability | 4,907 | 4,786 | Total cu e t liabilities | 786,264 | 745,712 | Lo g-te m bo owi gs | 192,904 | 178,930 | Lo g-te m ope ati g lease liability | 3,503 | 5,069 | Othe lo g-te m liabilities | 11,444 | 11,965 | 994,115 | 941,676 | Stockholde s’ equity: | Class A Commo stock | 6 | 6 | Class B Commo stock | 1 | 1 | Additio al paid-i capital | 1,361,841 | 1,115,504 | Retai ed ea i gs | 456,719 | 350,428 | Statuto y su plus ese ve | 34,164 | 34,164 | Accumulated othe comp ehe sive loss | 7,423 | (35,740 | ) | 1,860,154 | 1,464,363 | No -co t olli g i te ests | 544,969 | 466,146 | 2,405,123 | 1,930,509 |
| (U audited) | ( I thousa ds, except sha e a d pe sha e data) | Reve ue | $ | 292,919 | $ | 215,372 | $ | 524,182 | $ | 387,719 | Cost of eve ue | 158,301 | 110,911 | 282,326 | 200,708 | 134,618 | 104,461 | 241,856 | 187,011 | Ope ati g expe ses: | Sales a d ma keti g | 23,778 | 22,102 | 44,466 | 38,445 | Resea ch a d developme t | 42,254 | 33,817 | 78,803 | 61,320 | Ge e al a d admi ist ative | 18,843 | 16,848 | 32,667 | 29,775 | 84,875 | 72,767 | 155,936 | 129,540 | 49,743 | 31,694 | 85,920 | 57,471 | I te est i come | 7,142 | 4,013 | 11,861 | 7,352 | I te est expe se | (2,059 | ) | (1,757 | ) | (3,992 | ) | (3,315 | ) | Realized gai o sho t-te m i vestme ts | – | 54 | – | 54 | U ealized gai o sho t-te m i vestme ts | 69,592 | 2,730 | 68,186 | 1,648 | Othe expe se, et | (9,793 | ) | (346 | ) | (19,093 | ) | (608 | ) | I come f om equity method i vestme ts | 21,097 | 1,773 | 22,846 | 2,725 | 135,722 | 38,161 | 165,728 | 65,327 | I come tax expe se | (13,472 | ) | (1,891 | ) | (17,243 | ) | (4,044 | ) | 122,250 | 36,270 | 148,485 | 61,283 | Less: Net i come att ibutable to o -co t olli g i te ests | 33,266 | 6,510 | 42,194 | 11,143 | $ | 88,984 | $ | 29,760 | $ | 106,291 | $ | 50,140 | Comp ehe sive i come: | Net i come | 122,250 | 36,270 | 148,485 | 61,283 | Fo eig cu e cy t a slatio adjustme t, et of tax of il | 30,141 | 3,905 | 57,938 | 5,655 | 153,066 | 40,175 | 207,098 | 66,938 | Less: Comp ehe sive i come att ibutable to o -co t olli g i te ests | 41,477 | 7,250 | 57,644 | 12,207 | $ | 111,589 | $ | 32,925 | $ | 149,454 | $ | 54,731 | Net i come att ibutable to ACM Resea ch, I c. pe commo sha e: | Basic | $ | 1.31 | $ | 0.47 | $ | 1.59 | $ | 0.79 | Diluted | $ | 1.23 | $ | 0.44 | $ | 1.49 | $ | 0.74 | Weighted ave age commo sha es outsta di g used i computi g pe sha e amou ts: | Basic | 67,890,917 | 63,968,763 | 66,853,350 | 63,620,235 | Diluted | 71,838,908 | 67,464,856 | 70,678,872 | 67,138,338 |
| (U audited) | ($ i thousa d) | Si gle wafe clea i g, Tahoe a d semi-c itical clea i g equipme t | $ | 132,978 | $ | 154,961 | $ | 255,460 | $ | 284,530 | ECP (f o t-e d a d packagi g), fu ace a d othe tech ologies | 128,546 | 48,016 | 212,785 | 75,646 | Adva ced packagi g (excludi g ECP), se vices & spa es | 31,395 | 12,395 | 55,937 | 27,543 |
As desc ibed u de “Use of No -GAAP Fi a cial Measu es” above, ACM p ese ts o -GAAP g oss ma gi , ope ati g expe ses, ope ati g i come, et i come att ibutable to ACM Resea ch, I c., a d basic a d diluted ea i gs pe sha e as suppleme tal measu es to GAAP fi a cial measu es, each of which excludes stock-based compe satio (“SBC”) f om the equivale t GAAP fi a cial li e items. I additio , o -GAAP et i come att ibutable to ACM Resea ch, I c., a d basic a d diluted ea i gs pe sha e exclude u ealized gai (loss) o sho t-te m i vestme ts. The followi g tables eco cile g oss ma gi , ope ati g expe ses, ope ati g i come, et i come att ibutable to ACM Resea ch, I c., a d basic a d diluted ea i gs pe sha e to the elated o -GAAP fi a cial measu es:
| (I thousa ds) | Reve ue | $ | 292,919 | $ | – | $ | – | $ | 292,919 | $ | 215,372 | $ | – | $ | – | $ | 215,372 | Cost of eve ue | (158,301 | ) | (177 | ) | – | (158,124 | ) | (110,911 | ) | (356 | ) | – | (110,555 | ) | G oss p ofit | 134,618 | (177 | ) | – | 134,795 | 104,461 | (356 | ) | – | 104,817 | G oss ma gi | 46.0 | % | 0.1 | % | – | 46.0 | % | 48.5 | % | 0.2 | % | – | 48.7 | % | Ope ati g expe ses: | Sales a d ma keti g | (23,778 | ) | (1,330 | ) | – | (22,448 | ) | (22,102 | ) | (2,096 | ) | – | (20,006 | ) | Resea ch a d developme t | (42,254 | ) | (1,532 | ) | – | (40,722 | ) | (33,817 | ) | (2,580 | ) | – | (31,237 | ) | Ge e al a d admi ist ative | (18,843 | ) | (3,544 | ) | – | (15,299 | ) | (16,848 | ) | (4,738 | ) | – | (12,110 | ) | Total ope ati g expe ses | (84,875 | ) | (6,406 | ) | – | (78,469 | ) | (72,767 | ) | (9,414 | ) | – | (63,353 | ) | I come (loss) f om ope atio s | 49,743 | (6,583 | ) | – | 56,326 | 31,694 | (9,770 | ) | – | 41,464 | U ealized gai o sho t-te m i vestme ts | 69,592 | – | 69,592 | – | 2,730 | – | 2,730 | – | Less: Net i come att ibutable to o -co t olli g i te ests | 33,266 | – | (18,541 | ) | 14,725 | 6,510 | – | (516 | ) | 5,994 | Basic EPS | $ | 1.31 | $ | 0.66 | $ | 0.47 | $ | 0.58 | Diluted EPS | $ | 1.23 | $ | 0.61 | $ | 0.44 | $ | 0.55 |
| (I thousa ds) | Reve ue | $ | 524,182 | $ | – | $ | – | $ | 524,182 | $ | 387,719 | $ | – | $ | – | $ | 387,719 | Cost of eve ue | (282,326 | ) | (525 | ) | – | (281,801 | ) | (200,708 | ) | (885 | ) | – | (199,823 | ) | G oss p ofit | 241,856 | (525 | ) | – | 242,381 | 187,011 | (885 | ) | – | 187,896 | G oss ma gi | 46.1 | % | 0.1 | % | – | 46.2 | % | 48.2 | % | 0.2 | % | – | 48.5 | % | Ope ati g expe ses: | Sales a d ma keti g | (44,466 | ) | (2,822 | ) | – | (41,644 | ) | (38,445 | ) | (4,253 | ) | – | (34,192 | ) | Resea ch a d developme t | (78,803 | ) | (3,374 | ) | – | (75,429 | ) | (61,320 | ) | (5,355 | ) | – | (55,965 | ) | Ge e al a d admi ist ative | (32,667 | ) | (5,483 | ) | – | (27,184 | ) | (29,775 | ) | (9,094 | ) | – | (20,681 | ) | Total ope ati g expe ses | (155,936 | ) | (11,679 | ) | – | (144,257 | ) | (129,540 | ) | (18,702 | ) | – | (110,838 | ) | I come (loss) f om ope atio s | 85,920 | (12,204 | ) | – | 98,124 | 57,471 | (19,587 | ) | – | 77,058 | U ealized gai o sho t-te m i vestme ts | 68,186 | – | 68,186 | – | 1,648 | – | 1,648 | – | Less: Net i come att ibutable to o -co t olli g i te ests | 42,194 | – | (18,175 | ) | 24,019 | 11,143 | – | (316 | ) | 10,827 | Basic EPS | $ | 1.59 | $ | 1.02 | $ | 0.79 | $ | 1.08 | Diluted EPS | $ | 1.49 | $ | 0.96 | $ | 0.74 | $ | 1.01 |
