AXT, Inc. Reported Improved Q4 Financial Performance But Q1 Outlook Disappoints
AXT, Inc. reported increased revenues QoQ and YoY due to higher demand for its indium phosphide wafers. The company expects lower Q1 2025 revenues due to new regulations in China over exports of indium phosphide. The company's stock price hit its 52-week low last Friday due to the weak Q1 outlook.
AXT, Inc. (AXTI) Q4 2024 Earnings Call Transcript
AXT, Inc. (NASDAQ:AXTI ) Q4 2024 Earnings Conference Call February 20, 2025 4:30 PM ET Company Participants Leslie Green - IR Morris Young - CEO Gary Fischer - CFO Tim Bettles - VP, Business Development Conference Call Participants Richard Shannon - Craig-Hallum Charles Shi - Needham Tim Savageaux - Northland Capital Markets Dave Kang - B. Riley Operator Good afternoon, everyone, and welcome to AXT's Fourth Quarter 2024 Financial Conference Call.
AXT (AXTI) Reports Q4 Loss, Tops Revenue Estimates
AXT (AXTI) came out with a quarterly loss of $0.10 per share versus the Zacks Consensus Estimate of a loss of $0.04. This compares to loss of $0.07 per share a year ago.
AXT, Inc. (AXTI) Q3 2024 Earnings Call Transcript
AXT, Inc. (NASDAQ:AXTI ) Q3 2024 Earnings Call Transcript October 31, 2024 4:30 PM ET Company Participants Leslie Green - Investor Relations, Green Communications Consulting, LLC Morris Young - Chief Executive Officer Gary Fischer - Chief Financial Officer Tim Bettles - Vice President of Business Development Conference Call Participants Richard Shannon - Craig Hallum Operator Good afternoon, everyone. And welcome to AXT's Third Quarter 2024 Financial Conference Call.
AXT (AXTI) Reports Q3 Loss, Lags Revenue Estimates
AXT (AXTI) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.06. This compares to loss of $0.12 per share a year ago.
AXT, Inc.: Not Getting The Recognition It Deserves
AXT, Inc. came close to multi-year lows last September after a selloff following guidance, but history suggests that might have been a good entry point. Guidance suggests AXTI will grow slower, at least in the short term, but there is nonetheless much more to remain upbeat about. There have been setbacks, including in terms of AI, but AXTI is still growing and on pace to get back to earning a profit as soon as next year.
AXT (AXTI) Upgraded to Buy: What Does It Mean for the Stock?
AXT (AXTI) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
AXT, Inc.: Downgrading On Limited Visibility And Early Cracks In The AI Story
Semiconductor substrate provider AXT, Inc. reported better-than-expected Q2/2024 results, with both revenues and profitability coming in ahead of consensus estimates. Strong sequential growth in gallium arsenide and germanium substrate sales were partially offset by a decrease in indium phosphide revenues. However, Q3 guidance came in below consensus expectations due to an anticipated sequential decline in substrate revenues.
AXT, Inc. (AXTI) Q2 2024 Earnings Call Transcript
AXT, Inc. (NASDAQ:AXTI ) Q2 2024 Earnings Call Transcript August 1, 2024 4:30 PM ET Company Participants Leslie Green - IR Gary Fischer - CFO Morris Young - CEO Conference Call Participants Charles Shi - Needham Richard Shannon - Craig-Hallum Capital Group Tim Savageaux - Northland Capital Markets Dave Kang - B. Riley Operator Good afternoon, everyone, and welcome to AXT's Second Quarter 2024 Financial Conference Call.
AXT (AXTI) Reports Q2 Loss, Tops Revenue Estimates
AXT (AXTI) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to loss of $0.10 per share a year ago.
AXT Inc.: Playing An Expected Rebound
The stock has sold off in the last three days due to AXTI's ties to China, but this could be an opportunity to take advantage of. AXTI is valued at much less than book value, which could become untenable if AXTI gets out of the red in 2025. AXTI is scheduled to release the Q2 report on August 1 and the conditions are there for a repeat of what happened twice before in 2024.
Shareholders that lost money on AXT, Inc. (AXTI) should contact Levi & Korsinsky about pending Class Action - AXTI
NEW YORK, NY / ACCESSWIRE / July 5, 2024 / If you suffered a loss on your AXT, Inc. (NASDAQ:AXTI) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.
