• AXT Inc AXTI.OQ reported a quarterly adjusted loss of 5 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -10 cents. The mean expectation of five analysts for the quarter was for a loss of 6 cents per share. Wall Street expected results to range from -10 cents to -1 cents per share.

• Revenue fell 8.2% to $23.04 million from a year ago; analysts expected $25.18 million.

• AXT Inc's reported EPS for the quarter was a loss of 8 cents​.

• The company reported a quarterly loss of $3.55 million.

• AXT Inc shares had risen by 45.6% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 194.4% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the semiconductors peer group is also "buy"

• Wall Street's median 12-month price target for AXT Inc is $21.00, about 13.4% below its last closing price of $23.81

This summary was machine generated from LSEG data February 20 at 05:58 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)