Last $2.65 USD
Change Today -0.09 / -3.28%
Volume 9.4K
AXTI On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 5:10 PM 12/24/14 All times are local (Market data is delayed by at least 15 minutes).

axt inc (AXTI) Snapshot

Open
$2.72
Previous Close
$2.74
Day High
$2.75
Day Low
$2.65
52 Week High
09/4/14 - $3.04
52 Week Low
07/14/14 - $2.04
Market Cap
87.0M
Average Volume 10 Days
58.0K
EPS TTM
$-0.12
Shares Outstanding
32.8M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for AXT INC (AXTI)

axt inc (AXTI) Related Bloomberg News

View More Bloomberg News

axt inc (AXTI) Related Businessweek News

No Related Businessweek News Found

axt inc (AXTI) Details

AXT, Inc., together with its subsidiaries, designs, develops, manufactures, and distributes compound and single element semiconductor substrates primarily used in wireless communications, lighting display applications, and fiber optic communications. The company manufactures its semiconductor substrates using its proprietary vertical gradient freeze technology. It offers semi-insulating substrates made from gallium arsenide, which are used for applications in power amplifiers and radio frequency integrated circuits for wireless handsets; direct broadcast televisions; high-performance transistors; and satellite communications. The company also provides semi-conducting substrates made from gallium arsenide that have applications in light emitting diodes, lasers, and optical couplers; substrates made from indium phosphide, which are used in broadband and fiber optic communications; and substrates made from germanium that are used in satellite and terrestrial solar cells, and optical applications. In addition, the company, through its joint ventures, manufactures and sells gallium, arsenic, germanium, germanium dioxide, pyrolytic boron nitride crucibles, and boron oxide. AXT, Inc. sells its products through direct sales force in the United States and China, as well as through independent sales representatives in Europe and other parts of Asia. The company was formerly known as American Xtal Technology, Inc. and changed its name to AXT, Inc. in July 2000. AXT, Inc. was founded in 1986 and is headquartered in Fremont, California.

1,255 Employees
Last Reported Date: 03/14/14
Founded in 1986

axt inc (AXTI) Top Compensated Officers

Co-Founder, Chief Executive Officer and Direc...
Total Annual Compensation: $375.0K
Co-Founder and President of China Operations
Total Annual Compensation: $300.0K
Vice President of Business Development Strate...
Total Annual Compensation: $241.5K
Compensation as of Fiscal Year 2013.

axt inc (AXTI) Key Developments

AXT Inc. Reports Unaudited Consolidated Financial Results for the Third Quarter and Nine Months Ended Sept. 30, 2014; Provides Earnings Guidance for the Fourth Quarter of 2014

AXT Inc. reported unaudited consolidated financial results for the third quarter and nine months ended Sept. 30, 2014. For the quarter, the company’s revenue was $23,138,000 compared with $20,521,000 a year ago. Income from operations was $653,000 million against loss from operations of $2,623,000 a year ago. Income before provision for income taxes was $913,000 against loss before provision for income taxes of $2,269,000 a year ago. Net income attributable to the company was $644,000 or $0.02 per diluted share against net loss attributable to the company of $2,295,000 or $0.07 per diluted share a year ago. Gross margin in the third quarter was 23.0% compared with 19.4% of revenue for the second quarter in 2014. This is a result of certain manufacturing efficiencies and a favorable product mix. Net interest and other income for the third quarter was $260,000 compared with a $1.2 million gain last quarter. For the nine months, the company’s revenue was $63,932,000 compared with $66,732,000 a year ago. Loss from operations was $2,262,000 against $6,047,000 a year ago. Loss before provision for income taxes was $150,000 against $5,303,000 a year ago. Net loss attributable to the company was $1,077,000 or $0.04 per diluted share against $6,730,000 or $0.21 per diluted share a year ago. The company is expecting fourth quarter to be seasonally down as it has been for the last few years. Therefore, the company expects total revenues of between $20.5 million and $21.5 million. This takes into account a moderate decline in semi-insulating and semi-conducting gallium arsenide substrates and approximately comparable sequential revenue in germanium substrates, indium phosphide substrates and raw materials.

AXT Inc. to Report Q3, 2014 Results on Oct 30, 2014

AXT Inc. announced that they will report Q3, 2014 results at 5:00 PM, Eastern Standard Time on Oct 30, 2014

AXT Inc., Q3 2014 Earnings Call, Oct 30, 2014

AXT Inc., Q3 2014 Earnings Call, Oct 30, 2014

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
AXTI:US $2.65 USD -0.09

AXTI Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Axcelis Technologies Inc $2.47 USD +0.04
Cohu Inc $11.92 USD -0.04
EMCORE Corp $5.30 USD -0.03
Nanometrics Inc $16.55 USD -0.04
Rudolph Technologies Inc $10.16 USD +0.01
View Industry Companies
 

Industry Analysis

AXTI

Industry Average

Valuation AXTI Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.0x
Price/Book 0.6x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.4x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact AXT INC, please visit www.axt.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.