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AXTI - AXT Inc News Story

$9.66 0.2  1.6%

Last Trade - 07/05/21

Sector
Technology
Size
Small Cap
Market Cap £291.7m
Enterprise Value £303.1m
Revenue £75.9m
Position in Universe 3792nd / 6858

AXT, Inc. Schedules First Quarter 2021 Earnings Release for April 28, 2021

Mon 12th April, 2021 2:05pm
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FREMONT, Calif., April 12, 2021 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI
(http://finance.yahoo.com/q?s=axti&d=t)), a leading manufacturer of compound
semiconductor substrates, will announce its financial results for the first
quarter 2021 in a press release immediately following the close of market on
April 28, 2021.

The company will also host a conference call to discuss these results on April
28, 2021 at 1:30 p.m. PT. The conference call can be accessed at (844)
892-6598 (passcode 2989288). The call will also be simulcast at www.axt.com.
Replays will be available at (855) 859-2056 (passcode 2989288) until May 4,
2021. Financial and statistical information to be discussed in the call will
be available on the company’s website immediately prior to commencement of
the call. Additional investor information can be accessed at
http://www.axt.com or by calling the company’s Investor Relations Department
at (510) 438-4700.

About AXT, Inc.

AXT is a material science company that develops and manufactures
high-performance compound and single element semiconductor substrate wafers
comprising indium phosphide (InP), gallium arsenide (GaAs) and germanium
(Ge).  The company’s substrate wafers are used when a typical silicon
substrate wafer cannot meet the performance requirements of a semiconductor or
optoelectronic device. End markets include 5G infrastructure, data center
connectivity (silicon photonics), passive optical networks, LED lighting,
lasers, sensors, power amplifiers for wireless devices and satellite solar
cells. AXT’s worldwide headquarters are in Fremont, California where the
company maintains sales, administration and customer service functions.  AXT
has its Asia headquarters in Beijing, China and manufacturing facilities
in three separate locations in China. In addition, as part of its supply
chain strategy, the Company has partial ownership in ten companies in China
producing raw materials for its manufacturing process. For more information,
see AXT’s website at http://www.axt.com.

 Contact:                                        
           Gary L. Fischer                       
           Chief Financial Officer               
           (510) 438-4700                        
                                                 
           Leslie Green                          
           Green Communications Consulting, LLC  
           (650) 312-9060                        



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GlobeNewswire, Inc. 2021
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