AXT, Inc. Announces Second Quarter 2022 Financial Results

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AXT, Inc. (AXTI) PT Raised to $9 at Needham & Company

July 29, 2022 8:41 AM EDT

Needham & Company analyst Charles Shi raised the price target on AXT, Inc. (NASDAQ: AXTI) to $9.00 (from $8.00) while maintaining a Buy rating.

The analyst commented, "AXT reported strong results for 2Q22 and guided 3Q22 sequentially higher with GM likely approaching 40%. On the call,... More

AXT, Inc. (AXTI) Tops Q2 EPS by 8c

July 28, 2022 4:11 PM EDT

AXT, Inc. (NASDAQ: AXTI) reported Q2 EPS of $0.16, $0.08 better than the analyst estimate of $0.08. Revenue for the quarter came in at $39.5 million versus the consensus estimate of $40.05 million.

For earnings history and earnings-related data on AXT, Inc. (AXTI) click here.

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