ACM Research (ACMR) reported Q2 non-GAAP earnings Friday of $0.61 per diluted share, up from $0.55 a year earlier.

Three analysts polled by FactSet expected $0.34.

Revenue for the quarter ended June 30 was $292.9 million, compared with $215.4 million a year earlier.

Analysts polled by FactSet expected $269.3 million.

The company raised its fiscal 2026 revenue guidance range to $1.125 billion to $1.175 billion, from the prior range of $1.08 billion to $1.175 billion.

Three analysts polled by FactSet expect $1.15 billion.

Shares of the company were up 15.2% in Friday premarket activity.