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AXTI - AXT Inc News Story

$8.92 -0.5  -4.8%

Last Trade - 4:35pm

Sector
Technology
Size
Small Cap
Market Cap £279.5m
Enterprise Value £290.8m
Revenue £75.0m
Position in Universe 3794th / 6853

BUZZ-AXT: Surges on upbeat Q4 results

Fri 19th February, 2021 4:58pm
** Shares of semiconductor maker  AXTI.O  up ~22% at $14.8
    ** Co posts Q4 revenue of $27 mln, above analysts' estimates
of $25.5 mln - Refinitiv IBES data
    ** Q4 earnings of 5 cents/share also beat expectations of 2
cents/share
    ** Brokerage BWS Financial says AXT is experiencing an
increase in demand from customers in multiple end markets
    ** Up to last close, stock up ~53% this year 

 (Reporting by Rithika Krishna in Bengaluru)
 ((Rithika.Krishna@thomsonreuters.com;))
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