AXT (NASDAQ:AXTI – Get Free Report) is set to issue its quarterly earnings data after the market closes on Thursday, August 1st. Analysts expect the company to announce earnings of ($0.06) per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.
AXT (NASDAQ:AXTI – Get Free Report) last issued its earnings results on Thursday, May 2nd. The semiconductor company reported ($0.05) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.03. AXT had a negative net margin of 21.01% and a negative return on equity of 7.40%. The business had revenue of $22.69 million for the quarter, compared to analyst estimates of $21.00 million. During the same quarter in the prior year, the business posted ($0.08) EPS. On average, analysts expect AXT to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
AXT Trading Down 3.1 %
Shares of NASDAQ AXTI opened at $3.45 on Wednesday. The company has a market capitalization of $153.18 million, a price-to-earnings ratio of -8.62 and a beta of 2.29. AXT has a twelve month low of $1.89 and a twelve month high of $5.64. The business has a 50 day simple moving average of $3.55 and a 200-day simple moving average of $3.51.
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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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