AXT, Inc. Announces Third Quarter 2023 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., 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. Management Qualitative Comments “The demand environment in the third quarter of 2023 remained stable, and we were pleased to see some encouraging early signs of improvement in the data center market, resulting in modestly higher indium phosphide revenue quarter over quarter,” said Morris Young, chief executive officer. “While inventory rationalization may persist into the new year, we believe that the trends that have driven our revenue and customer expansion remain very much intact. Further, we have executed well in our development of larger diameter substrates that will pave the way for our opportunities in next-generation devices spanning data center, consumer, and other markets. As we navigate the near-term environment, we will continue to prioritiz
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AXTI
News
- AXT Announces Pricing of $87,000,000 Public Offering of Common StockBusiness Wire
- AXT (NASDAQ:AXTI) was given a new $20.00 price target on by analysts at Northland Securities.MarketBeat
- Has AXT (AXTI) Outpaced Other Computer and Technology Stocks This Year? [Yahoo! Finance]Yahoo! Finance
- AXT Inc. (AXTI) Hits New 24-Year High Ahead of Business Updates [Yahoo! Finance]Yahoo! Finance
- AXT to Participate in the Northland Securities Growth ConferenceBusiness Wire
AXTI
Earnings
- 10/30/25 - Beat
AXTI
Sec Filings
- 12/29/25 - Form 424B5
- 12/10/25 - Form 4
- 12/9/25 - Form 4
- AXTI's page on the SEC website