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.
AXT, Inc. (AXTI), a manufacturer of compound semiconductor substrates, will release its first-quarter 2023 financial results on April 27, 2023, after market close. A conference call is scheduled for the same day at 1:30 p.m. PT to discuss the results. Investors can access the call at (888) 300-4150, with a passcode of 7175811, or via a live simulcast on the company's website. Replays will be available until May 11, 2023. AXT specializes in high-performance compound and single-element semiconductor substrate wafers, essential for advanced semiconductor applications. Their products serve various markets, including 5G infrastructure, data centers, and LED lighting, showcasing the company's position in the growing semiconductor industry.
AXT, Inc. (NasdaqGS: AXTI) reported its fourth quarter and fiscal year results for 2022, highlighting a revenue of $26.8 million in Q4, down from $35.2 million in Q3 2022 and $37.7 million in Q4 2021. Fiscal year revenue reached $141.1 million, a slight increase from $137.4 million in 2021. GAAP net income for Q4 2022 was $1.3 million or $0.03 per share, compared to $5.8 million or $0.13 per share in Q3 2022. The company faced operating losses in Q4, with ongoing investments in product development and a focus on the STAR Market IPO for its subsidiary in China.
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