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19.02.26 - 22:06
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AXT, Inc. Announces Fourth Quarter and Fiscal Year 2025 Financial Results (Business Wire)
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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, 2025.
Management Qualitative Comments
“While we are disappointed that we didn't receive as many export permits in Q4 as we had hoped, we are pleased to report that we have received some permits to date in 2026 and believe we are in a strong position to achieve sequential revenue growth in Q1, driven primarily by growth in indium phosphide for the AI infrastructure build-out,” said Morris Young, chief executive officer. “As we enter 2026 as a foundational supplier to this multi-year growth cycle, we are notably broadening our customer base to include Tier-1 companies to which we have previously had limited exposure. We are also on track to double our indium phosphide manufacturing capacity this year and have a strong balance sheet to support our continued business expansion.”
Fourt...
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19.02.26 - 21:36
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Live: AXT Inc.(AXTI) Reports Earnings Tonight After 1,000% Rally (24/7 Wall St.)
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Live Updates Finally! Access 25+ Cryptocurrencies The Easy WayAfter years of waiting for a good option, SoFi now offers access to major cryptocurrencies like Bitcoin, Ethereum, and Solana, along with more than 25 total digital assets. What stands out isn't just the selection, it's the integration.You don't need a separate app, a new login, or ... Live: AXT Inc.(AXTI) Reports Earnings Tonight After 1,000% Rally
The post Live: AXT Inc.(AXTI) Reports Earnings Tonight After 1,000% Rally appeared first on 24/7 Wall St.....
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08.01.26 - 22:09
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AXT Updates Revenue Expectations for Fourth Quarter 2025 and Announces Earnings Date for Feb. 19, 2026 (Business Wire)
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Company to present at 28th Annual Needham Growth Conference on Jan. 14FREMONT, Calif.--(BUSINESS WIRE)--AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor wafer substrates, today updated revenue expectations for the fourth quarter 2025. The company expects revenue to be in the range of $22.5 to $23.5 million, primarily due to fewer export control permits for indium phosphide being issued by China's Ministry of Commerce than previously expected.
“While we are disappointed that we were not able to ship indium phosphide substrates to fulfil more customer orders in December, we continue to work diligently with the Ministry of Commerce on the export permit process and are hopeful that we will receive additional permits in the first quarter 2026,” said Morris Young, chief executive officer. “As we have noted, the timing for permit issuance can be fluid and doesn't necessarily align with our quarterly reporting. That said, customer demand for our products continues to be very st...
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30.12.25 - 22:09
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AXT Announces Closing of Public Offering of Common Stock and Full Exercise of Underwriters′ Option to Purchase Additional Shares (Business Wire)
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FREMONT, Calif.--(BUSINESS WIRE)--AXT, Inc. (NasdaqGS: AXTI) (“AXT” or the “Company”), a leading manufacturer of compound semiconductor wafer substrates, announced today the closing of its underwritten public offering of 8,163,265 shares of common stock at a price to the public of $12.25 per share, including the full exercise of the underwriters' option to purchase an additional 1,064,773 shares of the Company's common stock. The Company received total gross proceeds of approximately $100 million, before deducting the underwriting discounts and commissions and other offering expenses.
The Company intends to use the net proceeds from the offering primarily to increase the manufacturing capacity of its subsidiary, Beijing Tongmei Xtal Technology Co., Ltd., to produce indium phosphide substrates for export worldwide in response to growing industry demand, for research and development of new or improved products, and for general corporate and working capital purposes.
Northland Capital Markets acted...
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29.12.25 - 13:03
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AXT Announces Pricing of $87,000,000 Public Offering of Common Stock (Business Wire)
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FREMONT, Calif.--(BUSINESS WIRE)--AXT, Inc. (NasdaqGS: AXTI) (“AXT” or the “Company”), a leading manufacturer of compound semiconductor wafer substrates, announced today the pricing of an underwritten public offering of 7,098,492 shares of common stock at a price to the public of $12.25 per share. The gross proceeds from the offering to the Company are expected to be approximately $87 million, before deducting underwriting discounts and commissions and other offering expenses. In addition, the Company granted the underwriter a 30-day option to purchase up to 1,064,773 additional shares of common stock at the public offering price, less the underwriting discounts (the “Overallotment Option”). If the Overallotment Option is fully exercised, the Company expects to receive aggregate gross proceeds of approximately $100 million, before deducting underwriting discounts and commissions and other offering expenses. The offering is expected to close on or about December 30, 2025, subject to customary c...
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