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AXT Q1 2024 GAAP EPS $(0.05) Beats $(0.09) Estimate, Sales $22.688M Beat $21.564M Estimate

Benzinga ·  May 2 16:48

AXT (NASDAQ:AXTI) reported quarterly losses of $(0.05) per share which beat the analyst consensus estimate of $(0.09) by 44.44 percent. This is a 37.5 percent increase over losses of $(0.08) per share from the same period last year. The company reported quarterly sales of $22.688 million which beat the analyst consensus estimate of $21.564 million by 5.21 percent. This is a 16.92 percent increase over sales of $19.405 million the same period last year.

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