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AXT (AXTI) Reports Q1 Loss, Tops Revenue Estimates
AXTIAXT(AXTI) ZACKS·2025-05-01 23:00

Company Performance - AXT reported a quarterly loss of 0.19pershare,whichwasworsethantheZacksConsensusEstimateofalossof0.19 per share, which was worse than the Zacks Consensus Estimate of a loss of 0.13, and compared to a loss of 0.03pershareayearago,indicatinganearningssurpriseof−46.150.03 per share a year ago, indicating an earnings surprise of -46.15% [1] - The company posted revenues of 19.36 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 1.50%, but down from 22.69millioninthesamequarterlastyear[2]−AXThassurpassedconsensusEPSestimatestwotimesoverthelastfourquartersandtoppedconsensusrevenueestimatesthreetimesduringthesameperiod[2]StockOutlook−AXTshareshavedeclinedapproximately35.522.69 million in the same quarter last year [2] - AXT has surpassed consensus EPS estimates two times over the last four quarters and topped consensus revenue estimates three times during the same period [2] Stock Outlook - AXT shares have declined approximately 35.5% since the beginning of the year, while the S&P 500 has only declined by -5.3% [3] - The current consensus EPS estimate for the upcoming quarter is -0.08 on revenues of 24.15million,andforthecurrentfiscalyear,itis−24.15 million, and for the current fiscal year, it is -0.26 on revenues of $102.01 million [7] - The estimate revisions trend for AXT is currently unfavorable, resulting in a Zacks Rank 4 (Sell), indicating expected underperformance in the near future [6] Industry Context - The Electronics - Semiconductors industry, to which AXT belongs, is currently in the top 30% of over 250 Zacks industries, suggesting a favorable industry outlook [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact AXT's stock performance [5]