(USD) | Mar 2024 | Q/Q |
---|---|---|
Revenue | 22.7MM | +11% |
Gross Profit | 6.1MM | +32% |
Cost Of Revenue | 16.6MM | +5% |
Operating Income | -3.3MM | -6% |
Operating Expenses | 9.4MM | +15% |
Net Income | -2.1MM | -42% |
R&D | 3.2MM | +14% |
G&A | 6.2MM | +16% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
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Whether they’re labeled promising penny stocks or not, this speculative class of investment is not for the faint of heart. Low-priced, low-volume securities tend to move wildly. Even when catching a big wave northward, it’s impossible to know exactly when the floor will collapse. Of course, there are myriad other concerns to factor in as well. One area to watch is the wide bid-ask spread. Basically, that means your trades need to be really profitable before you can net a positive return. As well
AXT, Inc. (NASDAQ:AXTI) Q1 2024 Earnings Call Transcript May 4, 2024 AXT, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good afternoon, everyone, and welcome to AXT’s First Quarter 2024 Earnings Call. Leading the call today is Dr. Morris […]
Q1 2024 AXT Inc Earnings Call
Discover how AXT Inc (AXTI) is leveraging market opportunities in AI and data centers while addressing financial and operational hurdles.
Revenue and Net Loss Figures Show Mixed Results Compared to Analyst Expectations
Revenue Grows 11% Quarter to Quarter; Indium Phosphide up 48%FREMONT, Calif., May 02, 2024 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor wafer substrates, today reported financial results for the first quarter, ended March 31, 2024. Management Qualitative Comments “We are pleased with our first quarter results,” said Morris Young, chief executive officer. “We exceeded our Q1 revenue and profitability guidance, delivering 11 percent sequential gr
AXT's (AXTI) first-quarter 2024 performance is likely to reflect benefits from increasing demand in indium phosphide and gallium arsenide substrates.
As every investor would know, not every swing hits the sweet spot. But really big losses can really drag down an...
According to the average brokerage recommendation (ABR), one should invest in AXT (AXTI). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?
In the latest trading session, AXT (AXTI) closed at $2.82, marking a +1.81% move from the previous day.