AXTI FY 2023 Earnings — AXT, Inc. Revenue & Financial Results | Market Cap Arena

AXTIAXT, Inc.

$2B

FY 2023 Earnings

Technology Semiconductors

Income Statement

Revenue

$76M-46.3% YoY

Gross Profit

$13M17.6% margin

Operating Income

-$22M-28.5% margin

Net Income

-$18M-23.6% margin

EPS (Diluted)

$-0.42

Cash Flow

Operating Cash Flow

$3M

Free Cash Flow

-$7M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$359M

Total Liabilities

$90M

Stockholders' Equity

$204M

Cash & Equivalents

$38M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$76M	$141M	-46.3%
Gross Profit	$13M	$52M	-74.4%
Operating Income	-$22M	$13M	-271.8%
Net Income	-$18M	$16M	-213.1%