AXT, Inc. Announces First Quarter 2019 Financial Results
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AXT, Inc. (AXTI) PT Raised to $7 at Northland Capital Markets
April 25, 2019 6:53 AM EDTNorthland Capital Markets analyst Gus Richard raised the price target on AXT, Inc. (NASDAQ: AXTI) to $7.00 (from $6.00) while maintaining a Outperform rating.
Q1 One Cent Better,Q2 Estimates up on Strong InP Demand... MoreAXT, Inc. (AXTI) Tops Q1 EPS by 1c, Revenues Miss
April 24, 2019 4:49 PM EDTAXT, Inc. (NASDAQ: AXTI) reported Q1 EPS of ($0.03), $0.01 better than the analyst estimate of ($0.04). Revenue for the quarter came in at $20.2 million versus the consensus estimate of $20.69 million.
Revenue for the first quarter of 2019 was $20.2 million, compared with $22.2 million in the fourth quarter of 2018 and $24.4 million for the first quarter of 2018. Gross margin was 33.1 percent of revenue for... More