AXT AXTI reported its Q3 earnings results on Thursday, October 27, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
AXT beat estimated earnings by 44.44%, reporting an EPS of $0.13 versus an estimate of $0.09.
Revenue was up $607 thousand from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.05 which was followed by a 24.93% increase in the share price the next day.
Here's a look at AXT's past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.08 | 0.06 | 0.06 | 0.10 |
| EPS Actual | 0.13 | 0.07 | 0.07 | 0.09 |
| Revenue Estimate | 40.04M | 39.14M | 35.57M | 35.05M |
| Revenue Actual | 39.49M | 39.65M | 37.73M | 34.58M |
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.08 | 0.06 | 0.06 | 0.10 |
| EPS Actual | 0.13 | 0.07 | 0.07 | 0.09 |
| Revenue Estimate | 40.04M | 39.14M | 35.57M | 35.05M |
| Revenue Actual | 39.49M | 39.65M | 37.73M | 34.58M |
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.
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Posted In: EarningsBZI-Recaps