Brief: AXT Expects Q3 Prelim Rev To Be In Range Of $34 To $35 Million
Oct 3 (Reuters) - AXT Inc AXTI.O :
* AXT, INC. ANNOUNCES A PRELIMINARY REVENUE RANGE FOR THIRD
QUARTER 2022
* AXT INC - EXPECTS PRELIMINARY REVENUE FOR Q3 OF 2022 TO BE
IN
RANGE OF $34 TO $35 MILLION
* AXT INC - PRELIMINARY Q3 REVENUE RANGE IS PRIMARILY
ATTRIBUTABLE
TO WEAKENING MACROECONOMIC CONDITIONS, PARTICULARLY IN DEMAND
ENVIRONMENT IN CHINA
Source text for Eikon: ID:nGNXPql1q
Further company coverage: AXTI.O
((Reuters.Briefs@thomsonreuters.com;))
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