AXT, Inc. (AXTI) Reports In-Line Q1 EPS
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AXT, Inc. Announces First Quarter 2015 Financial Results
April 30, 2015 4:10 PM EDTFREMONT, CA -- (Marketwired) -- 04/30/15 -- AXT, Inc. (NASDAQ: AXTI), a leading manufacturer of compound semiconductor substrates, today reported financial results for the first quarter ended March 31, 2015.
First Quarter 2015 Results Revenue for the first quarter of 2015 was $20.1 million compared with $19.6 million in the fourth quarter of 2014.
Gross margin was 23.7 percent of revenue for the first quarter of 2015, compared with 25.4 percent of revenue in the fourth quarter of 2014.
Operating expenses were $6.5 million in the first quarter of 2015, compared with $5.6 million in the fourth quarter of 2014. The increase was largely... More
