AXT (NASDAQ:AXTI) reported its Q4 earnings results on Wednesday, February 16, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
AXT beat estimated earnings by 16.67%, reporting an EPS of $0.07 versus an estimate of $0.06.
Revenue was up $10.70 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.01, which was followed by a 8.16% drop in the share price the next day.
Here's a look at AXT's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.10 | 0.07 | 0.05 | 0.02 |
| EPS Actual | 0.09 | 0.10 | 0.08 | 0.05 |
| Revenue Estimate | 35.05M | 31.10M | 29.05M | 25.53M |
| Revenue Actual | 34.58M | 33.73M | 31.35M | 27.04M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
