Conference Call: AXT Sees Q3 Adj EPS $0.30-$0.32 vs $0.11 Est; Sees Sales $66.000M vs $38.801M Est
AXT (NASDAQ:AXTI) is looking for Q3 Adj EPS of $0.30-$0.32 vs $0.11 analyst estimate. sees sales of $66.000 million vs $38.801 million analyst estimate.
AXT says it made way more money than experts thought it would in the next quarter—almost three times more in sales and earnings. When a company beats what people expected by this much, it shows the business is doing really well, so it's worth paying attention to whether this strong performance keeps going.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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