AXTI Q3 2020 Earnings — AXT, Inc. Revenue & Financial Results | Market Cap Arena

AXTIAXT, Inc.

$2B

Q3 2020 Earnings

Technology Semiconductors

Income Statement

Revenue

$25M+28.4% YoY

Gross Profit

$9M34.6% margin

Operating Income

$2M8.5% margin

Net Income

$991,0003.9% margin

EPS (Diluted)

$0.02

QoQ Revenue Growth

+15.1%

Cash Flow

Operating Cash Flow

$4M

Free Cash Flow

-$1M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$233M

Total Liabilities

$31M

Stockholders' Equity

$195M

Cash & Equivalents

$22M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$25M	$20M	+28.4%
Gross Profit	$9M	$6M	+53.2%
Operating Income	$2M	-$478,000	+555.4%
Net Income	$991,000	-$898,000	+210.4%

Revenue Segments

Substrates

$20M80%

Raw Materials And Others

$5M20%

Geographic Segments

C

$11M41%

Europe

$5M18%

T

$3M13%

North America

$3M13%

J

$2M9%

Asia Pacific Excluding Japan And Taiwan

$1M6%