AXT, Inc. Announces Second Quarter 2016 Financial Results

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Needham & Company Upgrades AXT, Inc. (AXTI) to Buy

July 28, 2016 7:25 AM EDT

Needham & Company upgraded AXT, Inc. (NASDAQ: AXTI) from Hold to Buy with a price target of $5.50.

Analyst Y. Edwin Mok commented, "We are upgrading AXTI from Hold to Buy and setting a Price Target of $5.50. We believe AXTI stands to meaningfully benefit... More

AXT, Inc. (AXTI) Tops Q2 EPS by 2c

July 27, 2016 4:13 PM EDT

AXT, Inc. (NASDAQ: AXTI) reported Q2 EPS of $0.03, $0.02 better than the analyst estimate of $0.01. Revenue for the quarter came in at $20.5 million versus the consensus estimate of $19.97 million.

We continued to show meaningful progress in our business, achieving revenue at the high... More