AXTI - AXT （AXT Inc）

FREMONT, Calif., Jan. 25, 2023 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI ), a leading manufacturer of compound semiconductor substrates, will announce its financial results for the fourth quarter 2022 and fiscal year 2022 in a press release immediately following the close of market on February 16, 2023.

Growth trajectory of AXT needs to be reconsidered considering softness in semiconductor sector. See why I think AXTI stock could drop a lot further.

AXT Inc. (NASDAQ:AXTI) has a beta value of 1.93 and has seen 0.1 million shares traded in the last trading session. The company, currently valued at $193.82M, closed the last trade at $4.38 per share which meant it lost -$0.07 on the day or -1.57% during that session. The AXTI stock price is -126.94% off … Weak Fundamental Momentum Sinks AXT Inc. Read More »

AXT, Inc. (NASDAQ:NASDAQ:AXTI) Q3 2022 Earnings Conference Call October 27, 2022, 04:30 PM ET Company Participants Leslie Green - IR Morris Young - CEO Gary Fischer - CFO Conference Call…

AXT press release (AXTI): Q3 Non-GAAP EPS of $0.16 beats by $0.04.Revenue of $35.2M (+1.7% Y/Y) misses by $0.28M.“Although revenue decreased quarter over quarter, EPS remains solid

FREMONT, Calif., Jan. 10, 2022 (GLOBE NEWSWIRE) -- AXT, Inc. (NASDAQ: AXTI ), a leading manufacturer of compound semiconductor substrate wafers, today announced that its wafer manufacturing subsidiary in China, Beijing Tongmei Xtal Technology Co., Ltd. ("Tongmei"), has submitted to the Shanghai Stock Exchange, and the Shanghai Stock Exchange has accepted for review, a formal application to list Tongmei''s shares in an initial public offering ("IPO") on the Shanghai Stock Exchange''s Sci-Tech innovAtion boaRd (the "STAR Market"). "This is a significant achievement and an important milestone for AXT," said Morris Young, chief executive officer. "We founded Tongmei back in 1998. Since then, it has grown into a company that is engaged in the research, development, production and sale of InP substrates, GaAs substrates, germanium substrates, PBN and other high-purity materials, which we believe makes it an attractive offering on the STAR Market. With success in our addressed markets, strong customer traction, and a number of new applications coming to market this year and beyond, we have significant momentum building in our business.

Shares of AXT, Inc. (NASDAQ:AXTI) have earned an average rating of Buy from the six analysts that are presently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company. The average 1 []

Parametric Portfolio Associates LLC boosted its holdings in AXT, Inc. (NASDAQ:AXTI) by 7.7% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 64,834 shares of the semiconductor companys stock after acquiring an additional 4,635 shares during the quarter. Parametric Portfolio Associates LLCs holdings in AXT were worth $712,000 as of its most recent SEC filing. [] The post Parametric Portfolio Associates LLC Has $712,000 Position in AXT, Inc. (NASDAQ:AXTI) appeared first on ETF Daily News .

Equities research analysts forecast that AXT, Inc. (NASDAQ:AXTI) will report $35.25 million in sales for the current quarter, Zacks reports. Four analysts have issued estimates for AXTs earnings, with the highest sales estimate coming in at $35.73 million and the lowest estimate coming in at $34.96 million. AXT reported sales of $27.04 million during the []

AXT, Inc. (NASDAQ:AXTI) has earned an average rating of Buy from the six research firms that are currently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating on the company. The average 12 month target []

FREMONT, Calif., Aug. 12, 2021 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor substrates, today announced that Morris Young, Chief Executive Officer, has been appointed Chairman of its Board of Directors, effective Aug. 12, 2021. Jesse Chen, who has served as Chairman of AXTs Board of Directors since 2009, will continue to serve as Lead Independent Director and as a member of the Board.

Red Hat and Nutanix announced a strategic partnership to enable a solution for building, scaling and managing cloud-native applications on-premises and in hybrid clouds. The collaboration brings together technologies, enabling installation, interoperability and management of Red Hat OpenShift and Red Hat Enterprise Linux with Nutanix Cloud Platform, including Nutanix AOS and AHV. Key elements of the partnership include: Red Hat OpenShift as the preferred choice for enterprise full stack Kubernetes on Nutanix Cloud Platform. Customers More The post Red Hat partners with Nutanix to deliver open hybrid multicloud solutions appeared first on Help Net Security .

FREMONT, Calif., July 27, 2021 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor wafer substrates, today reported financial results for the second quarter, ended June 30, 2021.

AXT, Inc. (NASDAQ:AXTI)s traded shares stood at 643,317 during the last session, with the companys beta value hitting 2.26. At the close of trading, the stocks price was $10.93, to imply a decline of -3.02% or -$0.34 in intraday trading. The AXTI shares 52-week high remains $15.84, putting it -44.92% down since that peak but []