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Latest AXTI News From Around the Web
Below are the latest news stories about Axt Inc that investors may wish to consider to help them evaluate AXTI as an investment opportunity.
Let’s talk a bit about growth and potential. The two are not always the same thing, but they both are vital for successful investing. The aim of all stock investments, after all, is to achieve growth – and that means finding stocks with the highest potential. It’s natural to gravitate toward the headline-grabbing, big-name giants; they’ve got huge market valuations, and have made their early investors very happy. But there’s an unfortunate truism in the markets, based on the iron rules of mathematics, that the larger a company gets, the less likely it is to show big returns.
Under the guidance of CEO Morris Young, AXT, Inc. ( NASDAQ:AXTI ) has performed reasonably well recently. As...
AXT (AXTI) delivered earnings and revenue surprises of 33.33% and 7.71%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
FREMONT, Calif., April 28, 2021 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor substrate wafers, today announced that is has developed and shipped its first 8-inch diameter gallium arsenide (GaAs) substrates to a major customer. The 8-inch GaAs substrates, which are silicon doped, n-type substrates, demonstrate low etch pit densities (EPD) and low levels of slip lines. “This is a significant achievement and an important milestone for AXT,” said Morris Young, chief executive officer. “Every step up in diameter size comes with a major increase in the technical challenge of producing it. But AXT has always been a pioneer in this area, with the entrepreneurial spirit to drive innovation in order to unlock the potential for new applications. ...
Revenue Passes $30 Million per Quarter MarkFREMONT, Calif., April 28, 2021 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor wafer substrates, today reported financial results for the first quarter, ended March 31, 2021. Management Qualitative Comments “Q1 was an important milestone quarter for AXT,” said Morris Young, chief executive officer. “We met and exceeded the $30 million dollar quarterly revenue threshold. Our performance surpassed our expectations with growth in nearly all of our strategic products. Likewise, we drove significant improvement in our gross margin and achieved strong growth in profitability. We continue to see a convergence of major technology trends across our portfolio, and these are beginning to have a meaningful ...
NEW YORK, NY / ACCESSWIRE / April 28, 2021 / AXT, Inc. (NASDAQ:AXTI) will be discussing their earnings results in their 2021 First Quarter Earnings call to be held on April 28, 2021 at 4:30 PM Eastern Time.
FREMONT, Calif., April 12, 2021 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor substrates, will announce its financial results for the first quarter 2021 in a press release immediately following the close of market on April 28, 2021. The company will also host a conference call to discuss these results on April 28, 2021 at 1:30 p.m. PT. The conference call can be accessed at (844) 892-6598 (passcode 2989288). The call will also be simulcast at www.axt.com. Replays will be available at (855) 859-2056 (passcode 2989288) until May 4, 2021. Financial and statistical information to be discussed in the call will be available on the company’s website immediately prior to commencement of the call. Additional investor information can be accessed ...
AXT, Inc. (NASDAQ:AXTI) Director Jesse Chen sold 10,000 shares of the business’s stock in a transaction dated Friday, February 26th. The shares were sold at an average price of $13.09, for a total value of $130,900.00. Following the completion of the sale, the director now directly owns 93,056 shares of the company’s stock, valued at […]
AXT, Inc. ( NASDAQ:AXTI ) shareholders will have a reason to smile today, with the analysts making substantial upgrades...
The manufacturer of compound semiconductor substrates posted an imressive fourth-quarter update, which featured rapid revenue growth and net income that more than doubled compared to the year-ago period. AXT's revenue in Q4 rose 47% year over year to $27 million. "2020 was a year of solid improvement for AXT, capped off by strong indium phosphide growth, particularly in 5G, in Q4, which is typically a seasonally down quarter," said AXT CEO Morris Young.