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 (AXTI) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.12. This compares to earnings of $0.10 per share a year ago.

AXT (AXTI) Reports Q1 Loss, Lags Revenue Estimates

FREMONT, Calif., April 27, 2023 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor wafer substrates, today reported financial results for the first quarter, ended March 31, 2023.

AXT, Inc. Announces First Quarter 2023 Financial Results

FREMONT, Calif., April 10, 2023 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor substrates, will announce its financial results for the first quarter 2023 in a press release immediately following the close of market on April 27, 2023.

AXT, Inc. Schedules First Quarter Earnings Release for April 27, 2023

AXT, Inc. (NASDAQ:AXTI ) Q4 2022 Earnings Conference Call February 16, 2023 4:30 PM ET Company Participants Leslie Green - Investor Relations Morris Young - Chief Executive Officer Gary Fischer - Chief Financial Officer Conference Call Participants Charles Shi - Needham & Company Matt Bryson - Wedbush Richard Shannon - Craig-Hallum Hamed Khorsand - BWS Operator Good afternoon, everyone, and welcome to AXT's Fourth Quarter 2022 Financial Conference Call. Leading the call today is Dr. Morris Young, Chief Executive Officer; and Gary Fischer, Chief Financial Officer.

AXT, Inc. (AXTI) Q4 2022 Earnings Call Transcript

AXT (AXTI) delivered earnings and revenue surprises of 66.67% and 9.52%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

AXT (AXTI) Tops Q4 Earnings Estimates

FREMONT, Calif., Feb. 16, 2023 (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, 2022.

AXT, Inc. Announces Fourth Quarter and Fiscal Year 2022 Financial Results

FREMONT, Calif., Jan. 25, 2023 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor substrates, will announce its financial results for the fourth quarter 2022 and fiscal year 2022 in a press release immediately following the close of market on February 16, 2023.

AXT, Inc. Schedules Fourth Quarter and Fiscal Year 2022 Earnings Release for February 16, 2023

Lack of catalysts could be a tailwind for AXTI in 2023. Inventory levels in the industry and the company will probably be a significant headwind in the first half and possibly longer if the sector doesn't turnaround soon.

AXT: Not Looking Good In The Near Term

FREMONT, Calif., Dec. 28, 2022 (GLOBE NEWSWIRE) -- AXT, Inc. (Nasdaq: AXTI), a leading manufacturer of compound semiconductor substrates, today announced that Gary L. Fischer, chief financial officer, will present at the 25th Annual Needham Growth Conference in New York on Wednesday, Jan. 11th, 2023 at 3:45 p.m. ET. A webcast of the presentation will be available through the investor relations portion of the company's website at www.axt.com .

AXT, Inc. to Present at the 25th Annual Needham Growth Conference

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AXT, Inc. (NASDAQ:AXTI ) Q3 2022 Earnings Conference Call October 27, 2022 4:30 PM ET Company Participants Leslie Green - IR Morris Young - CEO Gary Fischer - CFO Conference Call Participants Charles Shi - Needham and Company Richard Shannon - Craig-Hallum Capital Group Hamed Khorsand - BWS Financial Operator Good afternoon, everyone, and welcome to AXT's Third Quarter 2022 Financial Conference Call. Leading the call today is Dr. Morris Young, Chief Executive Officer; and Gary Fischer, Chief Financial Officer.

AXT, Inc. (AXTI) Q3 2022 Earnings Call Transcript

AXT (AXTI) delivered earnings and revenue surprises of 45.45% and 2.54%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

AXT (AXTI) Beats Q3 Earnings Estimates

Gross Margin Continues to Expand Gross Margin Continues to Expand

AXT, Inc. Announces Third Quarter 2022 Financial Results

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AXT (AXTI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: AXT (AXTI) Q3 Earnings Expected to Decline

Third Quarter 2022 Earnings Announcement Scheduled for Oct. 27, 2022 Third Quarter 2022 Earnings Announcement Scheduled for Oct. 27, 2022

AXT, Inc. Announces a Preliminary Revenue Range for Third Quarter 2022

The mean of analysts' price targets for AXT (AXTI) points to a 34.5% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Does AXT (AXTI) Have the Potential to Rally 34% as Wall Street Analysts Expect?

Does AXT (AXTI) have what it takes to be a top stock pick for momentum investors? Let's find out.

Here's Why AXT (AXTI) is a Great Momentum Stock to Buy

AXT (AXTI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Will AXT (AXTI) Gain on Rising Earnings Estimates?

The consensus price target hints at a 34.6% upside potential for AXT (AXTI). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts Think AXT (AXTI) Could Surge 35%: Read This Before Placing a Bet

AXT, Inc. (NASDAQ:AXTI ) Q2 2022 Earnings Conference Call July 28, 2022 4:30 PM ET Company Participants Leslie Green - Investor Relations Morris Young - Chief Executive Officer Gary Fischer - Chief Financial Officer Conference Call Participants Charles Shi - Needham Matt Bryson - Wedbush Hamed Khorsand - BWS Financial Operator Good afternoon everyone and welcome to AXT's Second Quarter 2022 Financial Conference Call. Leading the call today is Dr. Morris Young, Chief investor; and Gary Fischer, Chief Financial Officer.

AXT, Inc. (AXTI) CEO Morris Young on Q2 2022 Results - Earnings Call Transcript

AXT (AXTI) delivered earnings and revenue surprises of 100% and 2.01%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

AXT (AXTI) Beats Q2 Earnings Estimates

Year-Over-Year Revenue Growth of 22% in 1H22; Gross Margin Expands

AXT, Inc. Announces Second Quarter 2022 Financial Results

AXTI has a target price of $16.6 (AXTI's subsidiary Tongmei Pre IPO Price on the STAR Exchange). Tongmei's IPO was approved by the Shanghai Stock Exchange recently. Upon final approval by China Securities Regulatory Commission, the arbitrage spread of Tongmei and AXTI is 163%.

AXT: Dual Listing 163% Arbitrage Spread

FREMONT, Calif., July 12, 2022 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor wafer substrates, today announced that its subsidiary in China, Beijing Tongmei Xtal Technology Co., Ltd. (“Tongmei”), was approved by the Shanghai Stock Exchange (“SSE”) for the listing of Tongmei's shares in an initial public offering (the “IPO”) on the SSE's Sci-Tech innovAtion boaRd (the “STAR Market”). The STAR Market IPO remains subject to review and approval by the China Securities Regulatory Commission (“CSRC”) and other authorities. The SSE will now forward Tongmei's application to the CSRC for its review and approval.

News for AXT Stock (AXTI)