Shares of Cohu (NASDAQ: COHU), a global supplier of equipment and services for semiconductor manufacturing, soared 6.55% in after-hours trading on Thursday following the release of its second-quarter 2025 financial results and third-quarter outlook.

The company reported adjusted earnings per share of $0.02 for Q2, significantly beating analysts' expectations of a $0.02 loss per share. Revenue also exceeded estimates, coming in at $107.7 million compared to the consensus forecast of $106 million. This performance marks a 2.85% increase in sales compared to the same period last year.

Investors were particularly encouraged by Cohu's optimistic outlook for the third quarter. The company expects Q3 sales to be in the range of $125 million, plus or minus $7 million, suggesting continued growth momentum. Additionally, Cohu highlighted several positive business developments, including a $28 million design-win order for the mobile and automotive sectors, the introduction of a new Eclipse handler model, and the qualification of its ULTRA-S contactor for precision analog IC testing. These factors, combined with an improvement in test cell utilization, appear to be driving investor confidence in Cohu's future prospects.