FREMONT, CA — (Marketwire) — 03/07/13 — AXT, Inc. (NASDAQ: AXTI), a leading manufacturer of compound semiconductor substrates, today announced that it has been certified as having met the international standards of ISO 16949:2009, a worldwide standard developed by the International Automotive Task Force (IATF), a group of the world-s leading manufacturers and trade organizations. This certification defines the quality management system requirements for the design, development, production, an
FREMONT, CA — (Marketwire) — 02/25/13 — AXT, Inc. (NASDAQ: AXTI)FY 2012 Net Revenues: $88.4 millionFY 2012 GAAP Net Income: $3.1 million; $0.09 per share (diluted)AXT, Inc. (NASDAQ: AXTI), a leading manufacturer of compound semiconductor substrates, today reported financial results for the fourth quarter and fiscal year ended December 31, 2012.Revenue for the fourth quarter of 2012 was $18.9 million compared with $20.8 million in the third quarter of 2012. Total gallium arsenide (GaAs) subst
FREMONT, CA — (Marketwire) — 02/25/13 — AXT, Inc. (NASDAQ: AXTI), a leading manufacturer of compound semiconductor substrates, today announced a program authorizing the repurchase of up to $6 million of the Company-s common stock through February 27, 2014.Any repurchases under this program will be made through open market purchases, block trades, unsolicited negotiated transactions, or any manner that complies with Rule 10b-18 of the Securities Exchange Act of 1934, as amended. The timing, a
FREMONT, CA — (Marketwire) — 01/24/13 — AXT, Inc. (NASDAQ: AXTI), a leading manufacturer of compound semiconductor substrates, will announce its financial results for the fourth quarter 2012 in a press release immediately following the close of market on February 25, 2013. The company will also host a conference call to discuss these results on February 25, 2013 at 1:30 p.m. PST. The conference call can be accessed at (719) 325-2215 (passcode 3780034). The call will also be simulcast on the
FREMONT, CA — (Marketwire) — 11/01/12 — AXT, Inc. (NASDAQ: AXTI)Q3 FY 2012 Net Revenues: $20.8 millionQ3 FY 2012 GAAP Net Income: $0.93 million; $0.03 per share (diluted)AXT, Inc. (NASDAQ: AXTI), a leading manufacturer of compound semiconductor substrates, today reported financial results for the third quarter ended Sept. 30, 2012.Revenue for the third quarter of 2012 was $20.8 million, compared to $25.2 million in the second quarter of 2012.Total gallium arsenide (GaAs) substrate revenue wa
FREMONT, CA — (Marketwire) — 05/21/12 — AXT, Inc. (NASDAQ: AXTI), a leading manufacturer of compound semiconductor substrates, today announced its participation in three upcoming financial conferences.On May 23, 2012 at 10:30 am PT, Raymond A. Low, chief financial officer, will present at the 13th Annual B. Riley & Co. Investor Conference in Santa Monica, CA. A webcast of the presentation will be available through the investor relations portion of the company-s website at .On Wednesday,
FREMONT, CA — (Marketwire) — 01/24/12 — AXT, Inc. (NASDAQ: AXTI), a leading manufacturer of compound semiconductor substrates, today announced that it has agreed with the Administrative Commission of Tianjin Economy and Technology Development Zone to establish a second manufacturing facility in Tianjin, China. The arrangement provides AXT with land use rights for approximately 32 acres of industrial land located in Yixian Scientific and Industrial Park to construct a compound semiconductor
22 Percent Sequential Increase in Revenues and 55 Percent Sequential Increase in Net Income