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Axt Inc - AXTI STOCK NEWS

Welcome to our dedicated page for Axt news (Ticker: AXTI), a resource for investors and traders seeking the latest updates and insights on Axt stock.

AXT Inc (AXTI) is a leading developer of compound semiconductor substrates critical for advanced electronics and communications systems. This dedicated news hub provides investors and industry professionals with centralized access to official announcements, financial disclosures, and strategic developments.

Track key updates including quarterly earnings reports, manufacturing innovations, and material science breakthroughs in gallium arsenide and indium phosphide technologies. Our curated feed ensures timely access to operational milestones, partnership announcements, and leadership changes impacting AXTI's position in the semiconductor sector.

All content is sourced directly from company filings and verified industry publications, maintaining strict editorial neutrality. The resource serves both technical experts seeking substrate development details and investors analyzing market trends. Bookmark this page for efficient monitoring of AXTI's progress in enabling next-generation semiconductor applications across global markets.

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AXT, Inc. expects to report revenue of $22.4 to $22.7 million for Q1 2024, surpassing previous guidance. The growth is driven by demand for indium phosphide and gallium arsenide substrates in various sectors. The company will release financial results on May 2, 2024, followed by a conference call.
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AXT, Inc. (NasdaqGS: AXTI) reported Q4 2023 revenue of $20.4 million, with 18% sequential growth. GAAP gross margin was 22.6%, operating loss was ($3.6) million. Fiscal year 2023 revenue was $75.8 million, with a net loss of ($17.9) million. Tongmei's STAR Market IPO approval received.
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AXT, Inc. (NasdaqGS: AXTI) will release its Q4 2023 financial results on February 22, 2024, followed by a conference call to discuss the results. The call will be accessible online and via phone, with replays available until March 7, 2024. Investor information can be found on the company's website or by contacting the Investor Relations Department.
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AXT, Inc. reports Q3 2023 financial results with revenue of $17.4 million, down from $18.6 million in Q2 2023. GAAP gross margin was 10.7%, compared to 9.2% in Q2 2023. The company focuses on cost savings and efficiency to return to profitability. Tongmei's IPO on the STAR Market is subject to review and approval by CSRC.
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AXT, Inc. to announce Q3 2023 financial results
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AXT, Inc. announces subsidiary's receipt of initial export permits to resume shipping gallium arsenide and germanium substrates to certain customers in compliance with new export control regulations in China.
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AXT, Inc. reports Q2 2023 financial results with revenue of $18.6 million, a decrease from previous quarters. GAAP gross margin was 9.2% and operating expenses were $8.6 million. The company also provides an update on the listing of its subsidiary, Tongmei, on the STAR Market.
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AXT, Inc. announces Q2 earnings release on Aug. 3, 2023. The company addresses the potential impact of China's new export control regulations on gallium- and germanium-related materials. Tongmei, AXT's subsidiary in China, will seek permits to export gallium and germanium substrate products. Indium phosphide substrates are not affected. In Q1 2023, gallium arsenide and germanium substrates exported outside of China contributed $4.3 million in revenue. AXT is actively pursuing permits to minimize disruption to customers.
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Axt Inc

Nasdaq:AXTI

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52.89M
42.44M
7.74%
45.29%
2.23%
Semiconductor Equipment & Materials
Semiconductors & Related Devices
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United States
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