AXT, Inc.

AXTI

US00246W1036

Semiconductors

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
2.97 ^USD	+2.41%		+7.22%	+23.75%

Apr. 08	AXT, Inc. Revises Revenue Guidance for the First Quarter 2024	CI
Apr. 05	B. Riley Ups Price Target on AXT to $5.50 From $3.80, Maintains Buy Rating	MT

AXT, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023

February 22, 2024 at 04:05 pm EST

AXT, Inc. reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was USD 20.43 million compared to USD 26.8 million a year ago. Net loss was USD 3.62 million compared to net income of USD 1.34 million a year ago.

Basic loss per share from continuing operations was USD 0.09 compared to basic earnings per share from continuing operations of USD 0.03 a year ago. Diluted loss per share from continuing operations was USD 0.09 compared to diluted earnings per share from continuing operations of USD 0.03 a year ago.

Latest news about AXT, Inc.

AXT, Inc. Revises Revenue Guidance for the First Quarter 2024	Apr. 08	CI
B. Riley Ups Price Target on AXT to $5.50 From $3.80, Maintains Buy Rating	Apr. 05	MT
Sector Update: Tech Stocks Slipping Late Afternoon	Apr. 04	MT
AXT Shares Fall After JCapital Research Warns of Company's Alleged Dire State	Apr. 04	MT
Top Midday Decliners	Apr. 04	MT
AXT Shares Soar After Better-Than-Expected Q4 Results	Feb. 23	MT
Craig-Hallum Upgrades AXT to Buy From Hold, Adjusts Price Target to $3.75 From $2.25	Feb. 23	MT
Top Midday Gainers	Feb. 23	MT
Top Premarket Gainers	Feb. 23	MT
B. Riley Upgrades AXT to Buy From Neutral, Believes AI Could Drive Multiple Expansion; Adjusts PT to $3.80 From $2.40	Feb. 23	MT
AXT, Inc. Provides Earnings Guidance for the First Quarter of 2024	Feb. 22	CI
Transcript : AXT, Inc., Q4 2023 Earnings Call, Feb 22, 2024	Feb. 22
Earnings Flash (AXTI) AXT Posts Q4 Revenue $20.4M, vs. Street Est of $17.6M	Feb. 22	MT
AXT, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 22	CI
AXT, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 22	CI
Tranche Update on AXT, Inc.'s Equity Buyback Plan announced on October 30, 2014.	Nov. 09	CI
B. Riley Trims AXT's PT to $2.40 From $3.30 After Below-Consensus Q3 Results, Q4 Outlook; Keeps Neutral Rating	Nov. 03	MT
Transcript : AXT, Inc., Q3 2023 Earnings Call, Nov 02, 2023	Nov. 02
AXT, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 02	CI
US firm AXT says China unit has initial export permits for key chipmaking metals	23-09-21	RE
US firm AXT says its subsidiary has received export permits to ship gallium and germanium products	23-09-21	RE
AXT Unit Gets Initial Export Permits in China for Gallium Arsenide, Germanium Substrate Shipments; Shares Rise After Hours	23-09-20	MT
Tranche Update on AXT, Inc.'s Equity Buyback Plan announced on October 30, 2014.	23-08-09	CI
B. Riley Trims AXT's Price Target to $3.30 From $3.70, Keeps Neutral Rating	23-08-04	MT
Wedbush Lowers AXT's Price Target to $6 From $10, Says Near-Term Outlook Remains Difficult, Keeps Outperform Rating	23-08-04	MT

Chart AXT, Inc.

Duration

Period

More charts

Company Profile

AXT, Inc. is a material science company that develops and manufactures high-performance compound and single element semiconductor wafer substrates comprising indium phosphide (InP), gallium arsenide (GaAs) and germanium (Ge). Its wafer substrates are used when a typical silicon wafer substrate cannot meet the performance requirements of a semiconductor or optoelectronic device. It has two product lines: specialty material substrates and raw materials integral to these substrates. Its InP is a semiconductor wafer substrate used in broadband and fiber optic applications, 5G infrastructure and data center connectivity. Its semi-conducting GaAs substrates are used to create opto-electronic products, including high brightness light emitting diodes that are often used to backlight wireless handsets and LCD televisions and for automotive, signage, and lighting applications. Its Ge substrates are used in applications, such as solar cells for space and terrestrial photovoltaic applications.

Sector

Semiconductors

Calendar

2024-05-02 - Q1 2024 Earnings Release

More about the company

Income Statement Evolution

More financial data

Ratings for AXT, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

D+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

2.97 USD

Average target price

5.5 USD

Spread / Average Target

+85.19%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Semiconductors

	1st Jan change	Capi.
AXT, INC.	+23.75%	128M
NVIDIA CORPORATION	+77.16%	2,159B
BROADCOM INC.	+20.41%	623B
TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED	+31.87%	622B
AMD (ADVANCED MICRO DEVICES)	+6.78%	254B
QUALCOMM, INC.	+14.54%	185B
TEXAS INSTRUMENTS INCORPORATED	+4.12%	162B
MICRON TECHNOLOGY, INC.	+34.57%	127B
ARM HOLDINGS PLC	+35.67%	105B
ANALOG DEVICES, INC.	+1.72%	100B

Other Semiconductors

AXT, Inc.

Equities

AXTI

US00246W1036

Semiconductors

AXT, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023

EPS Revisions