AXT, Inc. Reported Improved Q4 Financial Performance But Q1 Outlook Disappoints

AXT, Inc. (NASDAQ: AXTI ) reported Q4 2024 financial results last Friday. Revenues were up 23% YoY due to high demand for the company’s indium phosphide wafers. AI computing and data center growth are contributing to this higher demand. The companyWelcome to the home of The Cannabis Report: a monthly report on the cannabis industry. I am an analyst and consultant in the cannabis industry. I have contributed to High Times Magazine. I currently have a book out, Cannabis in the Ancient Greek and Roman World. I ...