AXT, Inc. (AXTI) Misses Q4 EPS by 3c
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AXT, Inc. Announces Fourth Quarter and Fiscal Year 2018 Financial Results
February 20, 2019 4:10 PM ESTFREMONT, Calif., Feb. 20, 2019 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor substrates, today reported financial results for the fourth quarter and fiscal year, ended December 31, 2018.
Fourth Quarter 2018 Results
Revenue for the fourth quarter of 2018 was $22.2 million, compared with $28.6 million in the third quarter of 2018 and $26.3 million for the fourth quarter of 2017.Â
Gross margin was 26.3 percent of revenue for the fourth quarter of 2018, compared with 37.1 percent of revenue in the third quarter of 2018 and 37.2 percent for the fourth... More
