AXT, Inc. (AXTI) Misses Q4 EPS by 8c, Misses on Revenue
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- Wall St futures muted as oil gains curb risk appetite after S&P record close
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- Reddit to join S&P 500 index on Aug. 18, shares leap
AXT, Inc. Announces Fourth Quarter and Fiscal Year 2024 Financial Results
February 20, 2025 4:05 PM ESTYear on Year Revenue Increases 31 Percent
FREMONT, Calif.--(BUSINESS WIRE)-- AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor wafer substrates, today reported financial results for the fourth quarter and fiscal year ended December 31, 2024.
Management Qualitative Comments
Our growth in 2024 showed a year of improvement for AXT in several key areas, said Morris Young, chief executive officer. We delivered a 31 percent increase in revenue, a 21 percent improvement in non-GAAP gross profit, and a 40 percent improvement in non-GAAP net loss. Over the last twelve... More
