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Axt Inc  (AXTI)
Other Ticker:  
 
    Sector  Technology    Industry Semiconductors
   Industry Semiconductors
   Sector  Technology
 
Price: $4.8700 $0.30 6.565%
Day's High: $5.12 Week Perf: 6.8 %
Day's Low: $ 4.56 30 Day Perf: 107.23 %
Volume (M): 1,733 52 Wk High: $ 5.43
Volume (M$): $ 8,441 52 Wk Avg: $2.87
Open: $4.63 52 Wk Low: $1.89



 Market Capitalization (Millions $) 207
 Shares Outstanding (Millions) 43
 Employees 694
 Revenues (TTM) (Millions $) 76
 Net Income (TTM) (Millions $) -19
 Cash Flow (TTM) (Millions $) 9
 Capital Exp. (TTM) (Millions $) 11

Axt Inc

AXT, Inc. is a worldwide materials science company that develops and produces high-performance compound and single element semiconductor substrates, also known as wafers. Our consolidated subsidiaries produce and sell certain raw materials some of which are used in our substrate manufacturing process and some of which are sold to other companies.

Our substrate wafers are used when a typical silicon substrate wafer cannot meet the performance requirements of a semiconductor or optoelectronic device. The dominant substrates used in producing semiconductor chips and other electronic circuits are made from silicon. However, certain chips may become too hot or perform their function too slowly if silicon is used as the base material. In addition, optoelectronic applications, such as LED lighting and chip-based lasers, do not use silicon substrates because they require a wave form frequency that cannot be achieved using silicon. Alternative or specialty materials are used to replace silicon as the preferred base in these situations. Our wafers provide such alternative or specialty materials. We do not design or manufacture the chips. We add value by researching, developing and producing the specialty material wafers. We have two product lines: specialty material substrates and raw materials integral to these substrates. Our compound substrates combine indium with phosphorous (indium phosphide: InP) or gallium with arsenic (gallium arsenide: GaAs). Our single element substrates are made from germanium (Ge).

Our raw materials include both raw gallium and purified gallium. We use purified gallium in producing our GaAs substrates and sell both raw gallium and purified gallium in the open market to other companies for use in magnetic materials, high temperature thermometers and growing single crystal ingots including gallium arsenide, gallium nitride, gallium antimonide, gallium phosphide and other materials and alloys. We also produce pyrolytic boron nitride (pBN) crucibles used in the high temperature (typically in the range 500 C to 1,500 C) growth process of single crystal ingots and epitaxial layer growth in MBE (Molecular Beam Epitaxy) reactors.



   Company Address: 4281 Technology Drive Fremont 94538 CA
   Company Phone Number: 438-4700   Stock Exchange / Ticker: NASDAQ AXTI
   


Customers Net Income fell by AXTI's Customers Net Profit Margin fell to

-24.99 %

7.01 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
MTSI   -3.62%    
MXL   -13.79%    
QRVO   -7.4%    
SWKS   -3.33%    
WOLF   -7.09%    
AKTS   -12.97%    
• View Complete Report
   



Axt Inc

Axt Inc Faces Larger Deficit in Q4 2023 Despite Challenging Business Environment2.



Despite facing a challenging business environment in the fourth quarter of 2023, Axt Inc (NasdaqGS: AXTI) remains well-positioned for future growth. The company's recent financial results may reflect short-term setbacks, but its solid gains over the past week and impressive improvements over the past year indicate a promising turnaround is on the horizon.
Embracing Challenges and Building for the Future:
The October to December 2023 period proved to be a trying time for Axt Inc, with weak business conditions leading to increased losses. However, it is essential to analyze these results within the broader context of the Semiconductors industry, where Axt Inc's performance was in contrast to the overall trend of revenue improvement.

Axt Inc

Axt Inc. Turns Tables with Narrowed Losses at $0.14 ? Latest Fiscal Period Report

The Semiconductors company, Axt Inc, recently released its financial reports for the July to September 30, 2023 interval, and the results were far from impressive. The company witnessed a drastic decline in revenue, which faded by a staggering -50.641% to $17.37 million compared to the corresponding quarter a year before. This decline is significant and raises concerns about the company's overall financial health.
Not only did the revenue take a hit, but Axt Inc also reported a net loss per share of $-0.14, again from the corresponding quarter a year prior. This increase in net loss per share is alarming and needs to be addressed as it indicates that the company's profitability is deteriorating.

Axt Inc

Axt Inc's Troubling Financial Report: Deficit Widens to -$0.12 Amidst Declining Revenue and Earnings



Axt Inc, a prominent company in the industry, recently reported disappointing financial results for the second quarter of 2023. The company experienced a significant decline in revenue and earnings per share compared to the previous reporting season. Additionally, Axt Inc recorded a net loss instead of earnings, painting a grim picture for investors. This article aims to outline the facts and shed light on the possible reasons behind the company's poor performance.
Financial Results:
During the second quarter of 2023, Axt Inc's revenue dropped by an alarming 52.909% to $18.60 million, compared to the same reporting season a year prior. This decline follows a 4.174% decrease in revenue, which stood at $19.41 million in the prior reporting season. This downward trend portrays a significant struggle for the company, signaling potential challenges within their market or operations.

Axt Inc

AXT Inc.'s Financials Plummet in Q1 2023, with Revenue and Earnings Taking a Massive Hit

Investing in the stock market can be a rewarding experience, but it is important to always exercise caution and carefully evaluate market conditions before making any investment decisions. A recent report shows that for the period of January to March 31, 2023, AXTI slipped into a shortfall of $-0.08 per share compared to $0.07 a year prior, and earnings per share fell from $0.03 per share during the preceding reporting season.
The revenue of AXTI has also dropped sharply by -51.063% to $19.41 million from $39.65 million in the same reporting season a year prior, and sequentially revenue fell by -27.58% from $26.80 million. Further, for the January to March 31, 2023 period, AXT Inc logged a net shortfall of $-3.666 million, instead of net earnings of $3.972 million that were recorded in the same reporting season a year before.






 

Axt Inc's Segments
 
 
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