AXT Inc

NASDAQ:AXTI   3:59:50 PM EDT
8.13
-0.41 (-4.80%)
Exchange Changes, Positive Earnings Pre-Announcement, Equity Financing / Related

Axt Announces Formal Application For Subsidiary IPO

Published: 01/10/2022 14:36 GMT
AXT Inc (AXTI) - Axt Inc Announces Formal Application for Subsidiary Ipo.
Axt Inc - Increases Fourth Quarter 2021 Revenue Guidance.
Axt Inc - Increasing Q4 2021 Revenue Guidance Range to $36–$37 Million From Its Previous Guidance of $34–$36 Million.
Axt - Beijing Tongmei Xtal Technology Co.
, Ltd's Application to List Shares in Ipo on Star Market Was Accepted for Review by Shanghai Stock Exchange.
Revenue is expected to be $35.18 Million
Adjusted EPS is expected to be $0.06

Next Quarter Revenue Guidance is expected to be $36.74 Million
Next Quarter EPS Guidance is expected to be $0.08

More details on our Analysts Page.