Axt Inc  (AXTI)
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Axt Inc

AXTI's Financial Statements and Analysis

Axt Inc reported in the first quarter of 2023 net loss per share of $-0.08 compare to earnings per share of $0.07 in the same quarter a year ago a decrease from $0.03 eps realized in IV. Quarter (Dec 31 2022).

first quarter of 2023
Earnings Per Share Revenues
$ -0.08 $  19 Mill
$-0.15     $-20M     -51.06 %

Axt Inc's Revenue fell by -51.06 % in first quarter of 2023 (Mar 31 2023) year on year, to $19 million and declined by -27.58 % sequentially.

Axt Inc is Expected to report next financial results on August 11, 2023.

More on AXTI's Income Statement

Axt Inc's in thefirst quarter of 2023 recorded net loss of $-3.666 million, compare to net income of $3.972 million achieved in I. Quarter a year ago.

Sequentially company realized a net loss, compared to net income of $1.495 million in the previous quarter.

More on AXTI's Growth

Axt Inc Inventories
Inventories grew by 33.21 % to $92 million from I. Quarter a year ago, sequentially inventories rose by 2.29 %. AXTI's Cash flow In thefirst quarter of 2023 company's net cash flow was $4 million, capital expenditures grew by -42.55%, to $-4 millions compare to same quarter a year ago and fell by