AXT AXTI reported its Q4 earnings results on Thursday, February 22, 2024 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
AXT beat estimated earnings by 40.0%, reporting an EPS of $-0.09 versus an estimate of $-0.15.
Revenue was down $6.37 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.02 which was followed by a 9.76% increase in the share price the next day.
Here's a look at AXT's past performance:
Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
---|---|---|---|---|
EPS Estimate | -0.12 | -0.13 | -0.13 | 0.02 |
EPS Actual | -0.14 | -0.12 | -0.08 | 0.03 |
Revenue Estimate | 18.02M | 20.02M | 20.06M | 28.91M |
Revenue Actual | 17.37M | 18.59M | 19.41M | 26.80M |
To track all earnings releases for AXT visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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