AXT (NASDAQ:AXTI) reported quarterly losses of $(0.08) per share which met the analyst consensus estimate. This is a 33.33 percent increase over losses of $(0.12) per share from the same period last year. The company reported quarterly sales of $23.041 million which missed the analyst consensus estimate of $25.175 million by 8.48 percent. This is a 8.22 percent decrease over sales of $25.105 million the same period last year.