AXT(AXTI) - 2024 Q3 - Quarterly Results

Y Exhibit 99.1 AXT, Inc. Third Quarter 2024 Results October 31, 2024 Page 1 of 7 AXT, Inc. Announces Third Quarter 2024 Financial Results FREMONT, Calif., October 31, 2024 – AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor wafer substrates, today reported financial results for the third quarter, ended September 30, 2024. Management Qualitative Comments "Q3 came in largely in line with our expectations, coming off a strong quarter in Q2," said Morris Young, chief executive officer ...