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

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AXT, Inc. Announces Second Quarter 2022 Financial Results

July 28, 2022 4:05 PM EDT

Year-Over-Year Revenue Growth of 22% in 1H22; Gross Margin Expands

FREMONT, Calif., July 28, 2022 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor wafer substrates, today reported financial results for the second quarter, ended June 30, 2022.

Management Qualitative Comments

This is an exciting time in our business, said Morris Young, chief executive officer. Our strong execution on a number of fronts has set the stage for great opportunities in the coming quarters. We continue to achieve strong growth in... More