Shares of ACM Research Inc. (ACMR) are soaring 5.02% in Thursday's trading session following the company's impressive first-quarter earnings report that exceeded analyst expectations. The semiconductor equipment manufacturer's strong performance and optimistic full-year guidance have boosted investor confidence.

ACM Research reported Q1 2025 revenue of $172.347 million, surpassing the consensus estimate of $165.3 million. The company's non-GAAP earnings per share (EPS) came in at $0.46, significantly beating the expected $0.37 per share. Net income for the quarter stood at $20.38 million, with a notable gross margin of 47.9%.

Adding to the positive sentiment, ACM Research reiterated its full-year 2025 revenue guidance of $850 million to $950 million, demonstrating confidence in its growth trajectory. The company's ability to outperform expectations amid challenging market conditions has clearly resonated with investors, driving the stock's upward movement. As the semiconductor industry continues to evolve, ACM Research's strong positioning and financial performance suggest it may be well-equipped to capitalize on future opportunities in the sector.