Needham & Company Raises Price Target on AXT, Inc. (AXTI) Following 3Q Beat and Guidance

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Go back to Needham & Company Raises Price Target on AXT, Inc. (AXTI) Following 3Q Beat and Guidance

AXT, Inc. (AXTI) Reports Q3 EPS of $0.07

October 26, 2016 4:59 PM EDT

AXT, 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