UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the quarterly period ended June 30, 2024 Or ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from to Commission File Number 000-24085 AXT, INC. (Exact name of registrant as specified in its charter) DELAWARE 94-3031310 (State or other jurisdiction of Incorp ...

Investors might want to bet on AXT (AXTI) , as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Since a changing earnings pi ...

Just_Super/iStock via Getty Images Note: I have covered AXT, Inc. or "AXT" (NASDAQ:AXTI) previously, so investors should view this as an update to my earlier articles on the company. Last week, semiconductor substrate provider AXT, Inc. reported better-than-expected Q2/2024 results, with both revenues and profitability coming in ahead of consensus estimates: Company Press Releases While the press release did not include a cash flow statement, based on sequential changes in the company's key balance sh ...

AXT, Inc. (NASDAQ:AXTI) Q2 2024 Earnings Call Transcript August 1, 2024 4:30 PM ET Company Participants Leslie Green - IR Gary Fischer - CFO Morris Young - CEO Conference Call Participants Charles Shi - Needham Richard Shannon - Craig-Hallum Capital Group Tim Savageaux - Northland Capital Markets Dave Kang - B. Riley Operator Good afternoon, everyone, and welcome to AXT's Second Quarter 2024 Financial Conference Call. Leading the call today is Dr. Morris Young, Chief Executive Officer, and Gary Fisher, Chie ...

AXT (AXTI) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to loss of $0.10 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 60%. A quarter ago, it was expected that this semiconductor materials supplier would post a loss of $0.08 per share when it actually produced a loss of $0.03, delivering a surprise of 62.50%.Over the last four quarters, the company ha ...

Y Exhibit 99.1 AXT, Inc. Second Quarter 2024 Results August 1, 2024 Page 1 of 7 AXT, Inc. Announces Second Quarter 2024 Financial Results Revenue up 23 percent sequentially and up 50 percent from Q2 2023 FREMONT, Calif., August 1, 2024 – AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor wafer substrates, today reported financial results for the second quarter, ended June 30, 2024. Management Qualitative Comments "Q2 was another solid quarter of growth, with our revenues up 23 perc ...

Aaron Hawkins AXT, Inc. (NASDAQ:AXTI), a supplier of single element and compound wafer substrates to the semiconductor industry, is expected to release its Q2 FY2024 report on August 1 after the market closes. The last time AXTI reported, the stock soared higher after the Q1 FY2024 report blew past expectations. However, the stock has not done much since due to the lack of a follow through. However, this could be an opportunity, especially if one is long AXTI. Why will be covered next. Why now may be a ...

NEW YORK, July 01, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of AXT, Inc. (NASDAQ: AXTI). Shareholders who purchased shares of AXTI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/axt-inc-loss-submission-form/?id=88037&from=3 CLASS PERIOD: March 24, 2021 to April 3, 2 ...

NEW YORK, June 28, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of AXT, Inc. (NASDAQ: AXTI).Shareholders who purchased shares of AXTI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/axt-inc-loss-submission-form/?id=87814&from=4CLASS PERIOD: March 24, 2021 to April 3, 2024ALLEG ...

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $75,000 In AXT To Contact Him Directly To Discuss Their OptionsIf you suffered losses exceeding $75,000 investing in AXT stock or options between March 24, 2021 and April 3, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). You may also click here for additional information: www.faruqilaw.com/A ...