AXT, Inc., based in Fremont, California, manufactures and distributes compound and single element semiconductor substrates, employing 1,076 full-time staff. Their products include InP and GaAs compound substrates, and Ge single element substrates, used in diverse applications like 5G, fiber optics, and solar cells.
AXT (AXTI) reported a positive EPS surprise in its most recent quarterly earnings. For the most recent quarter, AXT's actual EPS was -$0.04, beating the estimate of -$0.05 per share, resulting in a 22.48% surprise.
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