AXT(AXTI) - 2024 Q4 - Annual Results

Management Qualitative Comments "Our growth in 2024 showed a year of improvement for AXT in several key areas," said Morris Young, chief executive officer. "We delivered a 31 percent increase in revenue, a 21 percent improvement in non-GAAP gross profit, and a 40 percent improvement in non-GAAP net loss. Over the last twelve months we have aggressively advanced the technical specifications of our materials to help our global customer base solve complex, next-generation connectivity challenges. As such, 2024 ...