AXT, Inc. (AXTI) Tops Q2 EPS by 2c
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AXT, Inc. Announces Second Quarter 2018 Financial Results
July 25, 2018 4:10 PM EDTFREMONT, Calif., July 25, 2018 (GLOBE NEWSWIRE) -- AXT, Inc. (Nasdaq: AXTI), a leading manufacturer of compound semiconductor substrates, today reported financial results for the second quarter, ended June 30, 2018.
Second Quarter 2018 Results
Revenue in the second quarter of 2018 was $27.1 million, compared with $24.4 million in the first quarter of 2018 and $23.6 million in the second quarter of 2017.  Â
Gross margin was 40.6 percent of revenue in the second quarter of 2018, compared with 39.2 percent of revenue in the first quarter of 2018 and 30.8 percent in the second quarter of... More
