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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
ACM Research reported strong second-quarter results with revenue reaching $292.9 million, a 36% year-over-year increase. Following a 105% surge in first-half orders, the company raised its midpoint revenue outlook for the full year. Additionally, DraftKings generated $115 million in adjusted EBITDA during the second quarter.