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Kirby McInerney LLP Announces Investigation of Shareholder Claims Against AXT, Inc. (AXTI)
Newsfilter· 2024-04-08 21:00
NEW YORK, April 08, 2024 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP is investigating potential claims against AXT, Inc. ("AXT" or the "Company") (NASDAQ:AXTI). The investigation concerns whether AXT and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices. [Click here to learn more about the investigation] On April 4, 2024, J Capital Research published a report alleging that while AXT announced that it would be listing its prim ...
AXT, Inc. Announces Preliminary First Quarter 2024 Revenue Results and Schedules Earnings Release for May 2, 2024
Newsfilter· 2024-04-08 12:30
FREMONT, Calif., April 08, 2024 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor substrates, today announced that it expects to report revenue in the range of $22.4 to $22.7 million for the first quarter ended March 31, 2024, exceeding the company's prior guidance for the first quarter of 2024 of $20 million to $22 million. This reflects growth in demand for both indium phosphide and gallium arsenide substrates for a variety of applications, including artifici ...
AXT, Inc. Announces Preliminary First Quarter 2024 Revenue Results and Schedules Earnings Release for May 2, 2024
GlobeNewsWire· 2024-04-08 12:30
FREMONT, Calif., April 08, 2024 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor substrates, today announced that it expects to report revenue in the range of $22.4 to $22.7 million for the first quarter ended March 31, 2024, exceeding the company’s prior guidance for the first quarter of 2024 of $20 million to $22 million. This reflects growth in demand for both indium phosphide and gallium arsenide substrates for a variety of applications, including artifici ...
Investigation Into AXT, Inc. (AXTI) Announced by Holzer & Holzer, LLC
Newsfilter· 2024-04-05 16:25
ATLANTA, April 05, 2024 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC is investigating whether AXT, Inc. ("AXT" or the "Company") (NASDAQ:AXTI) complied with federal securities laws. On April 4, 2024, J Capital Research published a report alleging, among other things, that AXT conducts most of its business operations through a subsidiary in China, that AXT wants to list that subsidiary in China but the IPO apparently has been blocked by Chinese regulators, and that J Capital Research has "uncovered a deluge of r ...
Has AXT (AXTI) Outpaced Other Computer and Technology Stocks This Year?
Zacks Investment Research· 2024-04-04 14:45
For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. Has AXT (AXTI) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Computer and Technology sector should help us answer this question.AXT is one of 618 companies in the Computer and Technology group. The Computer and Technology group currently sits at #5 within the Zacks Sector Rank. T ...
AXT(AXTI) - 2023 Q4 - Annual Report
2024-03-14 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 000-24085 AXT, INC. (Exact name of registrant as specified in its charter) Delaware 94-3031310 (State or other jurisdi ...
The 3 Most Undervalued AI Penny Stocks to Buy in March 2024
InvestorPlace· 2024-03-11 16:33
There are some undervalued artificial intelligence (AI) penny stocks that are a great fit for investor’s portfolios. These companies trade at cheap valuations for a reason: namely, they have limited operating histories and there is a significant amount of speculation involving their future trajectories.However I’m also confident that these AI penny stocks could potentially become multi-baggers for those who have the the right risk tolerance. One should be prepared to hold shares of these companies for the l ...
7 Penny Stocks That Can Turn Your $5 Into $500 Overnight
InvestorPlace· 2024-03-07 12:41
Penny stocks get a bad rap, but for investors with high risk tolerance, they can provide outsized returns. Many quality businesses start out trading at penny stock levels before surging higher once Wall Street takes notice. Penny stocks present an opportunity to get in early on hypergrowth companies before their core strengths become widely known. That’s if you combine it with the right research and selective investing. This has led to this list of penny stocks to turn $5 into $500.Certain penny stocks trad ...
AXT (AXTI)'s Technical Outlook is Bright After Key Golden Cross
Zacks Investment Research· 2024-02-29 15:56
AXT Inc (AXTI) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, AXTI's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross."Considered an important signifier for a bullish breakout, a golden cross is a technical chart pattern that's formed when a stock's short-term moving average breaks above a longer-term moving average; the most common crossover involves the 50-day and the 200-day, sinc ...
AXT(AXTI) - 2023 Q4 - Earnings Call Transcript
2024-02-23 00:49
AXT, Inc. (NASDAQ:AXTI) Q4 2023 Results Conference Call February 22, 2024 4:30 PM ET Company Participants Leslie Green - IR Morris Young - CEO Gary Fischer - CFO Conference Call Participants Richard Shannon - Craig-Hallum Charles Shi - Needham & Company Operator Good afternoon, everyone, and welcome to AXT's Fourth Quarter and Fiscal Year 2023 Financial Conference Call. Leading the call today is Dr. Morris Young, Chief Executive Officer; and Gary Fischer, Chief Financial Officer. My name is Eric, and I will ...