AXT, Inc. Announces Third Quarter 2016 Financial Results
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Needham & Company Raises Price Target on AXT, Inc. (AXTI) Following 3Q Beat and Guidance
October 27, 2016 7:10 AM EDTNeedham & Company reiterated a Buy rating on AXT, Inc. (NASDAQ: AXTI), and raised the price target to $6.50 (from $5.50), following the company's 3Q earnings report. AXTI reported revenue of $21.9MM, surpassing company guidance of $20.5-21.5MM and the Street's $21.4MM estimate. EPS of $0.07 also beat guidance of $0.03-$0.05... More
AXT, Inc. (AXTI) Reports Q3 EPS of $0.07
October 26, 2016 4:59 PM EDTAXT, Inc. (NASDAQ: AXTI) reported Q3 EPS of $0.07, versus $0.03 reported last year. Revenue for the quarter came in at $21.9 billion, versus $20.5 billion reported last year.
We are pleased to again show meaningful progress in our business, achieving revenue and profits that exceeded our... More
