ACM Research Inc. (ACMR) shares surged 5.85% in pre-market trading, driven by better-than-expected second-quarter earnings and the announcement of its first production order for the Ultra ECP ap-p horizontal panel-level electroplating tool.

The company reported Q2 revenue of $292.919 million, topping IBES estimates of $269.3 million, with a gross margin of 46%. Net income reached $88.984 million, or $1.23 per share. ACM Research also provided a full-year revenue outlook of $1.125–$1.175 billion, roughly in line with the consensus estimate of $1.158 billion.

Separately, the company received two orders for its Ultra ECP ap-p platform: a production order for a 510 × 515 mm system from an existing advanced packaging customer in mainland China, to be delivered in the first half of 2027, and an evaluation order for a 310 × 310 mm system from a new panel-manufacturer in Asia, scheduled for delivery in the fourth quarter of 2026. The expansion of the Ultra C Tahoe into a wet processing platform also underscored the company’s product development momentum.