AXT (NASDAQ:AXTI – Get Free Report) is set to post its quarterly earnings results after the market closes on Thursday, October 31st. Analysts expect AXT to post earnings of ($0.06) per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.
AXT (NASDAQ:AXTI – Get Free Report) last posted its quarterly earnings results on Thursday, August 1st. The semiconductor company reported ($0.04) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.06) by $0.02. The company had revenue of $27.92 million for the quarter, compared to analyst estimates of $26.50 million. AXT had a negative net margin of 14.75% and a negative return on equity of 5.87%. During the same period last year, the business posted ($0.12) EPS. On average, analysts expect AXT to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
AXT Stock Performance
Shares of AXTI opened at $2.91 on Wednesday. The company has a 50-day simple moving average of $2.48 and a 200-day simple moving average of $3.02. AXT has a 52 week low of $1.89 and a 52 week high of $5.64. The firm has a market capitalization of $129.20 million, a P/E ratio of -7.28 and a beta of 2.23.
Analyst Ratings Changes
View Our Latest Stock Report on AXT
AXT Company Profile
AXT, Inc designs, develops, manufactures, and distributes compound and single element semiconductor substrates. The company offers indium phosphide for use in data center connectivity using light/lasers, high-speed data transfer in data centers, 5G communications, fiber optic lasers and detectors, consumer devices, passive optical networks, silicon photonics, photonic integrated circuits, thermo-photovoltaics, RF amplifier and switching, infrared light-emitting diode (LEDS) motion control, lidar for robotics and autonomous vehicles, and infrared thermal imaging.
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