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Stock impact report

AXT Inc. (AXTI) Climbs 14.9% After Series of Losses [Yahoo! Finance]

AXT Inc (AXTI) 
Last axt inc earnings: 4/22 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: axt.com
Company Research Source: Yahoo! Finance
AXT rallied for a second day on Tuesday, soaring 14.89 percent to close at $44.30 apiece, as investors continued to hunt for bargains following last week's series of losses. The rally was helped by strong investor confidence after the company posted a highly optimistic outlook for the first quarter of the year, thanks to expected progress on its export permits. semiconductor A semiconductor. Photo by Tima Miroshnichenko on Pexels Last year, AXT Inc. (NASDAQ:AXTI) widened its attributable net loss by 83 percent to $21.26 million from $11.6 million in 2024. Revenues also declined by 11 percent to $88 million from $99 million year-on-year. In the fourth quarter alone, attributable net loss narrowed by 31 percent to $3.5 million from $5.09 million, while revenues dropped by 8 percent to $23 million from $25 million. “While we are disappointed that we didn't receive as many export permits in Q4 as we had hoped, we are pleased to report that we have received some permits to dat Show less Read more
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