tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

AXT Inc. sees Q3 EPS (13c)-(11c), consensus (11c)

Sees Q3 revenue $19M-$21M, consensus $21.02M. Says Q3 revenue guidance range includes a modest contribution from indium phosphide and gallium arsenide for customers outside of China. Says expects germanium revenue to be down and raw material business to be approximately flat in Q3 from the prior quarter. Says continues to focus strongly on gross margin improvement In Q3. Comments and guidance taken from Q2 earnings conference call.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1