AXTI Q3 2019 Earnings — AXT, Inc. Revenue & Financial Results | Market Cap Arena

AXTIAXT, Inc.

$2B

Q3 2019 Earnings

Technology Semiconductors

Income Statement

Revenue

$20M-30.7% YoY

Gross Profit

$6M29.0% margin

Operating Income

-$478,000-2.4% margin

Net Income

-$898,000-4.5% margin

EPS (Diluted)

$-0.02

QoQ Revenue Growth

-20.0%

Cash Flow

Operating Cash Flow

$1M

Free Cash Flow

-$4M

Stock-Based Comp.

$583,000

Balance Sheet

Total Assets

$218M

Total Liabilities

$26M

Stockholders' Equity

$187M

Cash & Equivalents

$28M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$20M	$29M	-30.7%
Gross Profit	$6M	$11M	-45.7%
Operating Income	-$478,000	$4M	-111.0%
Net Income	-$898,000	$4M	-123.1%

Revenue Segments

Substrates

$16M80%

Raw Materials And Others

$4M20%

Geographic Segments

C

$5M26%

Europe

$5M24%

T

$4M22%

Asia Pacific Excluding Japan And Taiwan

$2M11%

North America

$2M10%

J

$1M7%