Recap: AXT Q3 Earnings

AXT AXTI reported its Q3 earnings results on Thursday, October 27, 2022 at 04:05 PM.

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

Earnings

AXT beat estimated earnings by 44.44%, reporting an EPS of $0.13 versus an estimate of $0.09.

Revenue was up $607 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.05 which was followed by a 24.93% increase in the share price the next day.

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

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.08 0.06 0.06 0.10
EPS Actual 0.13 0.07 0.07 0.09
Revenue Estimate 40.04M 39.14M 35.57M 35.05M
Revenue Actual 39.49M 39.65M 37.73M 34.58M

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.

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