AXT, Inc. engages in the design, development, manufacture and distribution of compound and single element semiconductor substrates. It also sells specialty material substrates and raw materials used to make substrates and other related products. The company was founded by Morris S. Young and Davis Zhang in 1986 and is headquartered in Fremont, CA.

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AXT reports Q4 revenue decline but eyes growth in indium phosphide applications

AXT's Q4 performance reflected revenue decline but highlighted growth potential in indium phosphide applications.
Challenges include revenue decline, projected net loss in Q1, and concerns about gross margins and revenue projections.
Opportunities lie in government infrastructure projects, new applications for indium phosphide, and market expansion.
Management's focus on innovation, cost-cutting, and inventory management demonstrates a strategic approach to navigating challenges.

AXT reports Q1 revenue decline but eyes growth opportunities

AXT's Q1 2023 performance reflects revenue challenges but also strategic strengths in cost management and market readiness.
While facing revenue declines and profitability concerns, the company is poised to capitalize on growth opportunities in specific applications.
Efforts to list Tongmei in China and focus on efficiency position AXT for potential market expansion and future profitability.

AXT reports Q2 revenue decline, eyes recovery in key segments

AXT faces challenges with declining revenue and non-GAAP gross margin, offset by opportunities in indium phosphide and gallium arsenide segments.
Efforts to manage costs, improve gross margins, and navigate China's export regulations are crucial for future financial performance.
Anticipated recovery in key business segments and progress on the STAR Market listing offer potential growth avenues for AXT.
Despite Q2 losses, strategic initiatives to enhance margins and operational efficiency position AXT for future growth and market expansion.

AXT reports Q3 revenue decline, eyes market expansion opportunities

AXT faces challenges with revenue decline and operating losses but maintains a strong cash position and sees opportunities in market expansion and product development.
Management's confidence in future prospects and cost-saving initiatives provide a foundation for long-term growth and sustainability.
Analysts' inquiries into revenue trends and optimization strategies underscore the need for strategic adjustments to drive performance and profitability.

AXT reports Q4 revenue growth and eyes data center opportunities

AXT's Q4 2023 performance reflected revenue growth and margin improvement, with a focus on technological advancements.
While facing profitability challenges, the company remains optimistic about future revenue growth and market opportunities.
Strategic initiatives to address cost management and market uncertainties position AXT for potential growth and innovation.

AXT reports revenue growth in key segments amid market challenges

AXT's Q1 2024 showed revenue growth in key segments but with a net loss.
The company is progressing well with plans to list Tong May in China.
Opportunities exist in data center growth, new customer acquisitions, and market demand.
Challenges include market uncertainties and inventory management.

AXT (AXTI) reports robust Q2 earnings, eyes AI market growth

AXT's Q2 2024 earnings call reflects strong financial performance, strategic market positioning, and growth opportunities in high-value applications like AI.
While facing challenges in maintaining profitability and addressing market dynamics, the company's focus on innovation and market expansion presents avenues for sustained growth.
Analyst inquiries and strategic moves like listing Tongmei on the Shanghai Stock Exchange underscore AXT's commitment to market leadership and shareholder value creation.

AXT reports Q3 revenue of $23.6M, eyes growth opportunities

AXT's Q3 performance showcased revenue diversification across key product lines, despite challenges in certain segments.
The company's strengths lie in strong demand for indium phosphide and growth opportunities in data center and telecom applications.
While facing challenges like revenue declines in gallium arsenide, AXT is optimistic about future growth and market stabilization.

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AXT Inc (AXTI) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, AXTI's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross.

AXT (AXTI)'s Technical Outlook is Bright After Key Golden Cross

AXT, Inc. (AXTI) Q4 2023 Earnings Call Transcript

AXT (AXTI) came out with a quarterly loss of $0.07 per share versus the Zacks Consensus Estimate of a loss of $0.13. This compares to earnings of $0.05 per share a year ago.

AXT (AXTI) Reports Q4 Loss, Tops Revenue Estimates

FREMONT, Calif., Feb. 22, 2024 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor substrates, today reported financial results for the fourth quarter and fiscal year, ended December 31, 2023.

AXT, Inc. Announces Fourth Quarter and Fiscal Year 2023 Financial Results

FREMONT, Calif., Jan. 23, 2024 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor substrates, will announce its financial results for the fourth quarter 2023 in a press release immediately following the close of market on February 22, 2024.

AXT, Inc. Schedules Fourth Quarter 2023 Earnings Release for Feb. 22, 2024

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AXT, Inc. (NASDAQ:AXTI ) Q3 2023 Earnings Conference Call November 2, 2023 4:30 PM ET Company Participants Leslie Green – Investor Relations Morris Young – Chief Executive Officer Gary Fischer – Chief Financial Officer Conference Call Participants Richard Shannon – Craig-Hallum Operator Good afternoon, everyone, and welcome to AXT's Third Quarter 2023 Financial Conference Call. Leading the call today is Dr. Morris Young, Chief Executive Officer; and Gary Fischer, Chief Financial Officer.

AXT, Inc. (AXTI) Q3 2023 Earnings Call Transcript

FREMONT, Calif., Nov. 02, 2023 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor wafer substrates, today reported financial results for the third quarter, ended September 30, 2023.

AXT, Inc. Announces Third Quarter 2023 Financial Results

FREMONT, Calif., Oct. 16, 2023 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor substrates, will announce its financial results for the third quarter 2023 in a press release immediately following the close of market on November 2, 2023.

AXT, Inc. Schedules Third Quarter 2023 Earnings Release for November 2, 2023

FREMONT, Calif., Sept. 20, 2023 (GLOBE NEWSWIRE) -- AXT, Inc. (Nasdaq: AXTI), a leading manufacturer of compound semiconductor substrates, today announced that Beijing Tongmei Xtal Technology Co., Ltd. (“Tongmei”), AXT's subsidiary in Beijing, China, has met the applicable legal and commercial requirements and has received its initial export permits to resume shipping gallium arsenide and germanium substrates to certain customers.

Tongmei Receives Initial Export Permits from China's Central Ministry of Commerce for Gallium Arsenide and Germanium Substrates

AXT, Inc. specializes in manufacturing specialty material substrate wafers for semiconductor and optoelectronic devices. The company offers high-performance substrates such as InP for broadband, fiber optic, 5G, and health monitoring applications. AXT, Inc. is undervalued and expected to experience beneficial financial performance, with net sales growth and increased profitability.

AXT: Undervalued, And May Benefit From The 5G Market Growth

FREMONT, Calif., Aug. 08, 2023 (GLOBE NEWSWIRE) -- AXT, Inc. (Nasdaq: AXTI), a leading manufacturer of compound semiconductor substrates, today announced that it will participate in the following financial conferences in the third quarter of 2023:

AXT, Inc. Announces Financial Conference Participation for the Third Quarter 2023

AXT, Inc. (NASDAQ:AXTI ) Q2 2023 Earnings Conference Call August 3, 2023 4:30 PM ET Company Participants Leslie Green - IR Gary Fischer - CFO, VP & Corporate Secretary Morris Young - Co-Founder, CEO & Chairman Conference Call Participants Richard Shannon - Craig-Hallum Charles Shi - Needham & Company Matthew Bryson - Wedbush Securities Operator Good afternoon, everyone, and welcome to AXT's Second Quarter 2023 Financial Conference Call. Leading the call today is Dr. Morris Young, Chief Executive Officer; and Gary Fischer, Chief Financial Officer.

AXT, Inc. (AXTI) Q2 2023 Earnings Call Transcript

AXT (AXTI) came out with a quarterly loss of $0.10 per share in line with the Zacks Consensus Estimate. This compares to earnings of $0.16 per share a year ago.

AXT (AXTI) Reports Q2 Loss, Misses Revenue Estimates

FREMONT, Calif., Aug. 03, 2023 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor wafer substrates, today reported financial results for the second quarter, ended June 30, 2023.

AXT, Inc. Announces Second Quarter 2023 Financial Results

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FREMONT, Calif., July 11, 2023 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor substrates, will announce its financial results for the second quarter 2023 in a press release immediately following the close of market on August 3, 2023.

AXT, Inc. Schedules Second Quarter 2023 Earnings Release for August 3, 2023

FREMONT, Calif., July 03, 2023 (GLOBE NEWSWIRE) -- AXT, Inc. (Nasdaq: AXTI), a worldwide materials science company, today addressed the potential impact of the announcement of China's new export control regulations on gallium- and germanium-related materials, which take effect on August 1, 2023.

AXT, Inc. Addresses China's Announcement of New Export Control Regulations

FREMONT, Calif., May 25, 2023 (GLOBE NEWSWIRE) -- AXT, Inc. (Nasdaq: AXTI), a leading manufacturer of compound semiconductor substrates, today announced that Gary L. Fischer, chief financial officer, will participate in the 20th Annual Craig-Hallum Institutional Investor Conference in Minneapolis on Wednesday, May 31st, 2023. AXT's investor presentation is available through the investor relations portion of the company's website at www.axt.com .

AXT, Inc. to Participate in the 20th Annual Craig-Hallum Institutional Investor Conference

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AXT, Inc. (AXTI) Q1 2023 Earnings Call Transcript.

News for AXT Stock (AXTI)