AXT, Inc. Announces First Quarter 2020 Financial Results
AXT Inc (AXTI)
Last axt inc earnings: 4/22 04:05 pm
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US:NASDAQ Investor Relations:
axt.com
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Source: GlobeNewswire
FREMONT, Calif., April 22, 2020 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor substrates, today reported financial results for the first quarter, ended March 31, 2020. Management Qualitative Comments“For much of the first quarter, our manufacturing facilities in China were operating at reduced staffing levels to limit the risk of COVID-19 exposure for our employees,” said Morris Young, chief executive officer. “We adopted a number of protective measures and thankfully none of our employees have contracted the virus so far. Despite the impact to productivity, we were able to meet customer demand in the first quarter, posting revenue and earnings results that were slightly ahead of our expectations. Further, we were pleased to announce in March that one of our largest gallium arsenide customers completed its site qualification of our new facilities for volume production, an important milestone for our manufacturing relocation. “As w
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News
- AXT, Inc. (NASDAQ: AXTI) had its price target lowered by analysts at Northland Securities from $6.00 to $5.00. They now have an "outperform" rating on the stock.MarketBeat
- AXT, Inc. (NASDAQ: AXTI) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $5.00 price target on the stock.MarketBeat
- AXT (AXTI) Reports Q3 Loss, Lags Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- AXT, Inc. Announces Third Quarter 2024 Financial ResultsBusiness Wire
- AXT, Inc.: Not Getting The Recognition It Deserves [Seeking Alpha]Seeking Alpha
AXTI
Earnings
- 10/31/24 - Beat
AXTI
Sec Filings
- 11/13/24 - Form 4
- 11/13/24 - Form 4
- 11/12/24 - Form 10-Q
- AXTI's page on the SEC website