AXT: Q4 Earnings Insights

AXT AXTI reported its Q4 earnings results on Thursday, February 22, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

AXT beat estimated earnings by 40.0%, reporting an EPS of $-0.09 versus an estimate of $-0.15.

Revenue was down $6.37 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.02 which was followed by a 9.76% increase in the share price the next day.

Here's a look at AXT's past performance:

To track all earnings releases for AXT visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.