FREMONT, Calif., Feb. 22, 2024 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor substrates, today reported financial results for the fourth quarter and fiscal year, ended December 31, 2023. Management Qualitative Comments “We believe we are now beginning to see a recovery in our markets,” said Morris Young, chief executive officer. “In Q4, we achieved 18 percent sequential growth in our revenues and a 43 percent sequential improvement in our non-GAAP net income. While the over...

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 ...

AXT, Inc., a global manufacturer of compound semiconductor substrates, reported financial results for the fourth quarter and fiscal year, ended December 31, 2016. The results beat Wall Street expectations. 

AXT, a manufacturer of compound semiconductor substrates, announced that Robert G. Ochrym, Vice President of Business Development, will present at the American Technology Research 2008 LED Technology Investment Forum at the New York Palace Hotel in New York, NY on Thursday, May 15th, at 9:30 a.m. ET. Ochrym will address the requirements and outlook of gallium arsenide (GaAs) semi-conducting substrates for the LED industry. A copy of his presentation is available on AXT's website, the company noted in a release.