Get ready to discover the eagerly anticipated third quarter financial results of AXT (NASDAQ: AXTI) on Thursday 31st October 2024. This significant announcement is scheduled to take place after market close, giving investors and analysts a chance to gain valuable insights into the company's financial performance.
Wall Street financial experts forecast that the enterprise is set to announce an expected $0.07 loss per share for the quarter. Moreover, the company is anticipated to disclose a total revenue of $25.98 million for this particular period.
Analysts on Wall Street have shared their predictions regarding the annual performance of the company, estimating a total revenue of $104.16 million. Additionally, they are expecting the company to achieve per share loss of $0.18 for the fiscal year.
The company's earnings report for the corresponding quarter of the previous year showcased a per-share loss of $0.14. This figure was a result of the company's total revenue, which reached an impressive $17.37 million million during that specific period.
AXTI has scheduled a conference call on 31st October 2024 at 04:30 PM eastern time to discuss the third quarter financial results and other related information.
The previous trading day saw AXT (AXTI) shares trading between $2.71 and $2.96, besides a volume of 448.00 thousand shares. The stock closed Tuesday's regular trading session at $2.91, indicating 5.82 percent advance.
