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AXTI

AXT Inc

$9.46

Earnings Summary

Revenue
$39.49Mn
Net Profits
$5.55Mn
Net Profit Margins
14.05%
PE Ratio
26.44

Highlights

Revenue:

AXT Inc’s revenue jumped 17.05% since last year same period to $39.49Mn in the Q2 2022. On a quarterly growth basis, AXT Inc has generated -0.42% fall in its revenue since last 3-months.

Net Profits:

AXT Inc’s net profit jumped 26.48% since last year same period to $5.55Mn in the Q2 2022. On a quarterly growth basis, AXT Inc has generated 75.23% jump in its net profits since last 3-months.

Net Profit Margins:

AXT Inc’s net profit margin jumped 8.05% since last year same period to 14.05% in the Q2 2022. On a quarterly growth basis, AXT Inc has generated 75.97% jump in its net profit margins since last 3-months.

PE Ratio:

AXT Inc’s price-to-earnings ratio after this Q2 2022 earnings stands at 26.44.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the AXT Inc post its latest quarter earnings

EPS Estimate Current Quarter
0.13
EPS Estimate Current Year
0.13

Highlights

EPS Estimate Current Quarter:

AXT Inc’s earning per share (EPS) estimates for the current quarter stand at 0.13 - a 62.5% jump from last quarter’s estimates.

EPS Estimate Current Year:

AXT Inc’s earning per share (EPS) estimates for the current year stand at 0.13.

Key Ratios

Key ratios of the AXT Inc post its Q2 2022 earnings

Earning Per Share (EPS)
0.13
Return on Assets (ROA)
0.03
Return on Equity (ROE)
0.07
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

AXT Inc’s earning per share (EPS) jumped 30% since last year same period to 0.13 in the Q2 2022. This indicates that the AXT Inc has generated 30% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. AXT Inc’s return on assets (ROA) stands at 0.03.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. AXT Inc’s return on equity (ROE) stands at 0.07.

Dividend Per Share (DPS):

AXT Inc declared 0 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-09
0.06
0.07
16.67%

Company Information

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.

Organisation
AXT Inc
Headquarters
Fremont, California, US
Employees
1.07K
Industry
Electronic Technology
CEO
Morris Young