AXT, Inc. (AXTI) Reports In-Line Q4 EPS
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AXT, Inc. Announces Fourth Quarter and Fiscal Year 2017 Financial Results
February 21, 2018 4:10 PM ESTFREMONT, Calif., Feb. 21, 2018 (GLOBE NEWSWIRE) -- AXT, Inc. (Nasdaq: AXTI), a leading manufacturer of compound semiconductor substrates, today reported financial results for the fourth quarter and fiscal Year 2017, ended December 31, 2017.
Fourth Quarter 2017 Results
Revenue for the fourth quarter of 2017 was $26.3 million, compared with $28.2 million in the third quarter of 2017 and $20.3 million for the fourth quarter of 2016. This is a 30% increase in quarterly revenue as compared to the fourth quarter of 2016.
Gross margin was 37.2 percent of revenue for the fourth quarter of... More
