AXT (AXTI) Reports Q3 Loss, Tops Revenue Estimates

AXT (AXTI) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of$ 0.11. This compares to a loss of $0.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +72.73%. A quarter ago, it was expected that this semiconductor materials supplier would post a loss of$ 0.13 per share when it actually produced a loss of $0.15, delivering a surprise of -15.38%.Over the last four quarters, the com ...