2024-03-14

AXT, Inc. Announces Fourth Quarter and Fiscal Year 2023 Financial Results

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...
Continue reading
2022-08-02

AXT, Inc. Announces Second Quarter 2022 Financial Results

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 ...
Continue reading
2017-02-23

AXT Reports Better-Than-Expected 2016 Results

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. 
Continue reading
2008-05-12

AXT to Present at the 2008 AmTech Research LED Technology Investment Conference

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.
Continue reading

Tokushima, Japan - 6 March 2024: Nichia, the world's largest LED manufacturer and inventor of the high-brightness blue and white LED, has started mass production of the new UV-B (308nm) and UV-A (330nm) LEDs in its popular 434 Series packa... READ MORE

New XLamp® S Line LEDs enhance growth, last longer, lower energy costs Horticulture and other forms of agricultural lighting require application-tuned ratios of spectral content, high efficacy and long lifetimes. Whether you are interested... READ MORE