AXT Inc (AXTI) Reports Mixed Q1 Results; Guides Q2 Lower

April 29, 2009 4:32 PM EDT

AXT Inc (Nasdaq: AXTI) reports Q1 loss of $0.18, versus the analyst estimate of ($0.09). Revenue for the quarter was $7.7 million, versus the consensus of $7.63 million.

Sees Q2 6c to 9c loss versus 3 cent loss consensus.

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