AXT set to release quarterly earnings on Thursday

Trending News 🌥️

Axt Inc Intrinsic Value – AXT ($NASDAQ:AXTI) Inc. is set to release its quarterly earnings on Thursday, 2022-10-27. AXT is a leading manufacturer of advanced solar power products and semiconductor manufacturing equipment. The company’s products are used in a variety of applications, including renewable energy, clean technology, and semiconductor manufacturing.

AXT’s products are sold to customers in a number of markets, including the United States, Europe, Asia, and South America. AXT’s earnings release will be closely watched by investors, as the company’s performance has been strong in recent quarters. With its strong financial performance and growth prospects, AXT is an attractive investment option for investors looking for exposure to the solar and semiconductor industries.

Earnings

The company has seen significant growth in the past few years, and their latest earning report shows this trend continuing. In the report for their fiscal year 2022 second quarter ending June 30, AXT Inc earned a total of 151.4 million dollars in revenue, and 15.5 million dollars in net income. This represents a 10.2% increase in total revenue and a 6.2% increase in net income compared to the previous year.

AXT Inc’s total revenue has grown from 95.4 million dollars to 151.4 million dollars in the last three years, and their net income has increased accordingly. Investors will be watching to see if this trend continues in the company’s next earnings report.

Stock Price

The company’s stock opened at $4.6 and closed at $4.5, up by 0.2% from prior closing price of 4.5. AXT is a global leader in the development and manufacturing of compound semiconductor substrates. The company’s products are used in a variety of applications, including wireless communications, fiber optic communications, and lighting.

VI Analysis – Axt Inc Intrinsic Value Calculator

AXT Inc. is a leading manufacturer of advanced semiconductor materials and electronic components. The company’s products are used in a variety of electronic and optoelectronic applications, including mobile phones, computers, LCD screens and LED lighting. AXT’s products are also used in a variety of industrial and consumer applications, such as solar energy, automotive and consumer electronics. AXT’s products are differentiated by their unique properties, which allow for higher performance and greater efficiency. The company’s products are also more environmentally friendly than traditional semiconductor materials.

AXT’s products are manufactured using a proprietary process that is based on a patented technology. The company’s manufacturing process is designed to meet the stringent quality and environmental standards of the semiconductor industry. The company’s shares are listed on the Nasdaq Global Select Market under the ticker symbol AXTI.

VI Peers

AXT Inc, a leading provider of semiconductor and nanotechnology solutions, competes with Fujimi Inc, Oxford Instruments PLC, and Konfoong Materials International Co Ltd, in the development and manufacture of advanced materials and equipment. AXT’s products are used in a wide range of applications, including semiconductor manufacturing, data storage, and optoelectronics.

– Fujimi Inc ($TSE:5384)

Fujimi Incorporated is a leading manufacturer of chemicals and materials in Japan. The company has a market capitalization of 155.67 billion as of 2022 and a return on equity of 13.32%. Fujimi Incorporated is engaged in the manufacture and sale of chemicals, plastics, ceramics, and other materials. The company’s products are used in a variety of industries, including electronics, automotive, construction, and healthcare.

– Oxford Instruments PLC ($LSE:OXIG)

Oxford Instruments PLC is a leading provider of scientific instruments, services, and software. Its market cap is 1.17B as of 2022, and its ROE is 10.25%. The company’s products and services are used in a wide range of industries, including healthcare, life sciences, semiconductor manufacturing, and materials research.

– Konfoong Materials International Co Ltd ($SZSE:300666)

Konfoong Materials International Co Ltd is a Chinese company that produces and sells construction materials. The company has a market cap of 23 billion as of 2022 and a return on equity of 7.07%. Konfoong Materials International Co Ltd is a publicly traded company listed on the Shenzhen Stock Exchange.

Summary

AXT Inc is set to release its quarterly earnings on Thursday, and investors will be watching closely to see how the company performs. AXT is a leading manufacturer of semiconductor materials, and its products are used in a variety of electronic devices. The company has a strong track record of profitability and is well-positioned to continue growing its business.

For investors considering AXT as a potential investment, Thursday’s earnings release will be an important piece of information. AXT has a history of strong financial performance, and if the company meets or beats expectations, it could be a good time to consider buying shares.