{"filings":[{"id":1968116,"accession_number":"0001437749-26-025061","cik":1051627,"company_name":"AXT INC","ticker":"AXTI","form_type":"8-K","filed_at":"2026-07-30T20:15:25+00:00","items":["2.02","9.01"],"status":"ready","headline":"AXT Q2 2026 revenue $47.6M, net income $11.1M; indium phosphide revenue record","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $47.6M vs $26.9M Q1 2026 and $18.0M Q2 2025; GAAP net income $11.1M ($0.17 diluted EPS) vs net loss of $1.6M in Q1 2026.","Non-GAAP net income $11.9M ($0.19 per share) vs non-GAAP net loss of $0.6M in Q1 2026.","GAAP gross margin 44.9% vs 29.6% in Q1 2026 and 8.0% in Q2 2025; non-GAAP gross margin 45.0%.","CEO cites inflection point with record indium phosphide revenue driven by data center optical connectivity and AI infrastructure demand."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":8032005068.705355,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1941039,"accession_number":"0001437749-26-024883","cik":1051627,"company_name":"AXT INC","ticker":"AXTI","form_type":"8-K","filed_at":"2026-07-29T20:17:53+00:00","items":["1.01","9.01"],"status":"ready","headline":"AXT signs long-term InP supply agreement with Lumentum; receives $87M in deposits","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["6-year capacity reservation agreement for indium phosphide wafer substrates through Dec 31, 2031.","Lumentum to pay AXT $43.5M initial deposit within 30 business days and a second $43.5M deposit in 2028.","Deposits applied as shipment credits; Lumentum must meet annual purchase commitments or pay shortfall.","AXT must deliver minimum annual capacity; failure to cure breach triggers refund of unapplied deposits.","Agreement may be renewed for additional one-year periods; modifications require written consent."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":8032005068.705355,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1940997,"accession_number":"0001437749-26-024882","cik":1051627,"company_name":"AXT INC","ticker":"AXTI","form_type":"8-K","filed_at":"2026-07-29T20:17:26+00:00","items":["3.03","5.03","9.01"],"status":"ready","headline":"AXT reduces shareholder meeting quorum from majority to 33 1/3%","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Board adopted bylaw amendment on July 26, 2026, effective immediately.","Quorum for shareholder meetings reduced from a majority to 33 1/3% of shares entitled to vote.","Amendment modifies Section 1.4 of the Second Amended and Restated Bylaws.","Filed as Exhibit 3.1 to Form 8-K."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":8032005068.705355,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1804720,"accession_number":"0001437749-26-024184","cik":1051627,"company_name":"AXT INC","ticker":"AXTI","form_type":"8-K","filed_at":"2026-07-22T21:05:46+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"AXT appoints Jia-Bin Duh to board, expanding to six directors","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Board expanded from 5 to 6; Duh elected as Class III independent director effective July 16, 2026.","Duh brings 30+ years of senior leadership at Microsoft, Cisco, and Hewlett-Packard in Greater China.","Received initial RSU award of 2,500 shares and prorated 667 shares, vesting May 14, 2027.","Will serve on audit, compensation, and nominating and corporate governance committees.","Appointment supports AXT's growth strategy and Tongmei subsidiary in China."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":8032005068.705355,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1510156,"accession_number":"0001437749-26-022984","cik":1051627,"company_name":"AXT INC","ticker":"AXTI","form_type":"8-K","filed_at":"2026-07-08T13:29:29+00:00","items":["2.04"],"status":"ready","headline":"AXT subsidiary Tongmei withdraws STAR Market IPO, triggers ~$49M redemption right for PE investors","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["On June 26, 2026, Tongmei withdrew its STAR Market IPO application; Shanghai Stock Exchange accepted on July 8, 2026.","Tongmei raised RMB 324,404,508 (~$49M) from 11 private equity funds; withdrawal triggers redemption right at original investment amount.","Company or Tongmei has right (but not obligation) to redeem each fund's investment; price fixed in RMB, no interest or return.","AXT and Tongmei will pivot to a Hong Kong Stock Exchange listing, emphasizing indium phosphide (InP) business for AI data centers.","Company states it has sufficient funds to redeem all investments in full if required."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":8032005068.705355,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1417157,"accession_number":"0001437749-26-022557","cik":1051627,"company_name":"AXT INC","ticker":"AXTI","form_type":"8-K","filed_at":"2026-07-02T21:02:47+00:00","items":["1.01","9.01"],"status":"ready","headline":"AXT enters $22.3M prepaid supply deal with Coherent for 6-inch InP wafers","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["AXT subsidiary signs 3-year Master Development and Supply Agreement with Coherent for 6-inch InP wafer substrates.","Coherent provides $22,288,500 prepayment to AXT for capacity expansion at Beijing facility.","AXT commits to deliver agreed capacity; prepayment refundable if not fully applied, but nonrefundable if Coherent fails minimum order.","Coherent can terminate if AXT fails capacity commitment for 6+ months, with refund of unused prepayment.","Agreement includes customary confidentiality, force majeure, indemnification."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":8032005068.705355,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1194918,"accession_number":"0001437749-26-021307","cik":1051627,"company_name":"AXT INC","ticker":"AXTI","form_type":"8-K","filed_at":"2026-06-22T20:08:53+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"AXT appoints Tracy Liu to Board as independent director; board expands to 5","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Tracy Liu elected Class II independent director, effective June 17, 2026; board increased from 4 to 5.","Liu will serve on audit, compensation, and nominating and corporate governance committees.","She has over 30 years of business advisory and tax experience; CPA; also independent director and audit chair of ACM Research.","Initial RSU award of 2,500 shares plus prorated annual grant of 726 shares, both vesting May 14, 2027.","CEO cites Liu's international expertise as AXT adds capacity for indium phosphide wafers driven by AI demand."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":8032005068.705355,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1111437,"accession_number":"0001437749-26-020978","cik":1051627,"company_name":"AXT INC","ticker":"AXTI","form_type":"8-K","filed_at":"2026-06-17T20:15:48+00:00","items":["1.01","9.01"],"status":"ready","headline":"AXT subsidiary signs $25.4M InP wafer supply deal with Casela for 2027","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Tongmei, AXT's subsidiary, entered a Long-term Supply Agreement with Nanjing Casela Technologies for InP substrates.","Casela commits to purchase InP wafers totaling RMB 173M (~$25.4M) during 2027, with monthly deliveries scheduled.","Casela must prepay 50% of the total within 15 business days and the remaining 50% by December 31, 2026.","Tongmei reserves capacity and grants supply priority; failure to purchase 80% triggers a cancellation fee.","Agreement secures significant 2027 revenue for AXT's InP business and provides upfront cash from prepayment."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":8032005068.705355,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":946077,"accession_number":"0001437749-26-020004","cik":1051627,"company_name":"AXT INC","ticker":"AXTI","form_type":"8-K","filed_at":"2026-06-09T20:22:56+00:00","items":["3.03","5.03","5.07","9.01"],"status":"ready","headline":"AXT stockholders approve 71% increase in authorized common stock to 120M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Authorized common stock raised from 70M to 120M shares, effective June 4, 2026.","Dr. Morris Young (98.3% for) and Dr. David Chang (85% for) re-elected as Class I directors.","Advisory vote on executive compensation approved with 18.3M votes in favor.","BPM ratified as independent auditor for FY2026; 28.6M votes in favor.","Meeting quorum of ~52% (28.9M shares) represented; 5 proposals all passed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":8032005068.705355,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":452278,"accession_number":"0001213900-26-057122","cik":1051627,"company_name":"AXT INC","ticker":"AXTI","form_type":"8-K","filed_at":"2026-05-15T11:05:32+00:00","items":["8.01","9.01"],"status":"ready","headline":"AXT adjourns 2026 annual meeting due to lack of quorum; reconvenes June 4, 2026","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Only 48% of outstanding shares were represented at the May 14 meeting, failing quorum.","Meeting adjourned to June 4, 2026 at 11:00 a.m. PT at Fremont headquarters.","Proxy solicitor Alliance Advisors engaged to help secure sufficient votes.","No changes to proposals; record date remains March 20, 2026.","Stockholders who already voted need not take any action."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":8032005068.705355,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":90925,"accession_number":"0001437749-26-014204","cik":1051627,"company_name":"AXT INC","ticker":"AXTI","form_type":"8-K","filed_at":"2026-04-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AXT Q1 revenue $26.9M, gross margin 29.6%; completes $632.5M capital raise for indium phosphide expansion","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $26.9M, up 16.6% QoQ and 38.7% YoY; GAAP net loss narrows to $0.03/share.","Gross margin 29.6% GAAP (29.9% non-GAAP), vs 20.9% in Q4 2025 and (6.4)% a year ago.","Completed $632.5M capital raise to expand indium phosphide capacity for AI data center demand.","Non-GAAP net loss $0.6M ($0.01/share), improved from $2.3M loss in prior quarter.","STAR Market IPO for subsidiary Tongmei pending CSRC approval; expects close in coming months."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.03,"consensus_revenue_estimate":null,"consensus_revenue_actual":26924000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":8032005068.705355,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":90924,"accession_number":"0001213900-26-045867","cik":1051627,"company_name":"AXT INC","ticker":"AXTI","form_type":"8-K","filed_at":"2026-04-21T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"AXT prices $550M public offering of 8.56M shares at $64.25; proceeds for InP capacity expansion","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Public offering of 8,560,311 shares at $64.25/share for ~$550M gross; underwriters have 30-day option for up to 1,284,046 additional shares.","Net proceeds primarily to support Beijing Tongmei Xtal Technology's indium phosphide substrate capacity expansion for export, plus R&D and working capital.","Closing expected April 22, 2026; lock-up agreements for executives and directors for 60 days after prospectus supplement.","Northland Securities sole bookrunner; Needham, B. Riley, Craig-Hallum, Wedbush as co-managers."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":8032005068.705355,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":90923,"accession_number":"0001213900-26-045652","cik":1051627,"company_name":"AXT INC","ticker":"AXTI","form_type":"8-K","filed_at":"2026-04-20T23:59:59+00:00","items":["2.02"],"status":"ready","headline":"AXT pre-announces Q1 2026 revenue $26-28M, net loss $1.6-2.6M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Preliminary Q1 2026 revenue range $26-28 million, net loss $1.6-2.6 million.","Net loss per share (basic & diluted) expected between $0.03 and $0.05.","Results based on management's initial review; subject to change upon close.","Preliminary figures indicate a net loss for the quarter, contrasting with prior periods."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.03,"consensus_revenue_estimate":null,"consensus_revenue_actual":26924000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":8032005068.705355,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":100781,"accession_number":"0001437749-26-004731","cik":1051627,"company_name":"AXT INC","ticker":"AXTI","form_type":"8-K","filed_at":"2026-02-19T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AXT reports Q4 revenue down 18% QoQ; FY2025 net loss widens to $21.3M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $23.0M, down 18% QoQ from $28.0M; GAAP EPS loss $0.08 vs $0.04 loss Q3.","FY2025 revenue $88.3M, down 11% YoY from $99.4M; GAAP net loss $21.3M vs $11.6M in FY2024.","Non-GAAP net loss FY2025 $18.0M ($0.41/sh) vs net income $8.5M ($0.20/sh) FY2024.","CEO expects sequential Q1 revenue growth driven by indium phosphide for AI; doubling capacity in 2026.","Subsidiary Tongmei's STAR Market IPO remains under CSRC review; hopes to accomplish in coming months."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.49,"consensus_revenue_estimate":null,"consensus_revenue_actual":88326000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":8032005068.705355,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":100780,"accession_number":"0001213900-26-009482","cik":1051627,"company_name":"AXT INC","ticker":"AXTI","form_type":"8-K","filed_at":"2026-01-29T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"AXT board declares LeBlanc independent, appoints him Audit Committee chair","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Board re-evaluated Leonard J. LeBlanc's independence on Jan. 26, 2026, and found him independent under Nasdaq rules.","Jesse Chen stepped down as Audit Committee chair; LeBlanc appointed as Chair effective same date.","Audit Committee now consists of three independent members, satisfying Nasdaq Listing Rule 5605(c)(2)(A).","Board designated LeBlanc as audit committee financial expert; he will receive $20,000 annual retainer for chair role.","LeBlanc had been appointed as non-independent director on July 29, 2025, relying on Nasdaq exception."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":8032005068.705355,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":100779,"accession_number":"0001213900-26-002690","cik":1051627,"company_name":"AXT INC","ticker":"AXTI","form_type":"8-K","filed_at":"2026-01-09T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"AXT revises Q4 2025 revenue to $22.5-23.5M on China export permit delays","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Q4 2025 revenue expected $22.5-23.5M; fewer China export permits for indium phosphide than expected.","CEO Morris Young says strong demand persists; InP capacity to double in H2 2026; capital raise completed December.","Earnings results for Q4 2025 to be released Feb 19, 2026 after market close; conference call at 1:30 p.m. PT.","Company to present at 28th Annual Needham Growth Conference in NYC on Jan 14, 2026 at 3:00 p.m. ET."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":8032005068.705355,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":117082,"accession_number":"0001213900-25-126296","cik":1051627,"company_name":"AXT INC","ticker":"AXTI","form_type":"8-K","filed_at":"2025-12-30T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"AXT prices $87M public offering of 7.1M shares at $12.25; over-allotment fully exercised for $13M additional","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Underwriting agreement for 7,098,492 common shares at $12.25/share; gross proceeds ~$87M from base offering.","Underwriters fully exercised over-allotment option for 1,064,773 additional shares, raising ~$13M more, total gross ~$100M.","Net proceeds to increase indium phosphide substrate capacity at Beijing Tongmei Xtal, R&D, and working capital.","Offering expected to close December 30, 2025; executives and directors subject to 60-day lock-up.","Northland Securities sole bookrunner; Wedbush and Craig-Hallum co-managers."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":8032005068.705355,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":117081,"accession_number":"0001437749-25-032429","cik":1051627,"company_name":"AXT INC","ticker":"AXTI","form_type":"8-K","filed_at":"2025-10-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AXT reports Q3 revenue $28.0M, net loss $1.9M; indium phosphide up 250% QoQ","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $28.0M vs $18.0M Q2'25 and $23.6M Q3'24.","GAAP net loss $1.9M ($0.04/sh) improved from $7.0M ($0.16) Q2'25.","Indium phosphide revenue up >250% sequentially to a three-year high.","GAAP gross margin 22.3% vs 8.0% Q2'25 and 24.0% Q3'24.","Subsidiary Tongmei STAR Market IPO still pending CSRC approval; hopes to close in coming months."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.41,"consensus_revenue_estimate":null,"consensus_revenue_actual":65285000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":8032005068.705355,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":133535,"accession_number":"0001437749-25-027362","cik":1051627,"company_name":"AXT INC","ticker":"AXTI","form_type":"8-K","filed_at":"2025-08-19T23:59:59+00:00","items":["7.01"],"status":"ready","headline":"AXT subsidiary receives China export permits for indium phosphide; expects millions in Q3 revenue","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Beijing Tongmei Xtal Technology received export permits from China's Ministry of Commerce to resume shipping indium phosphide substrates.","AXT expects several million dollars in revenue from these shipments not included in its Q3 2025 forecast (July 31, 2025).","Export controls on indium were imposed by China on Feb 4, 2025, previously restricting shipments.","Tongmei is a wholly owned subsidiary of AXT, manufacturing InP, GaAs, and Ge substrates."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":8032005068.705355,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":133534,"accession_number":"0001437749-25-024601","cik":1051627,"company_name":"AXT INC","ticker":"AXTI","form_type":"8-K","filed_at":"2025-08-04T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"AXT appoints Leonard J. Leblanc to Board to fill vacancy; Jesse Chen named Audit Committee Chair","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Leonard J. Leblanc appointed as Class III director effective July 29, 2025, to fill vacancy from Christine Russell's passing.","Leblanc not initially independent due to prior consulting compensation; independence re-evaluated Jan 1, 2026.","Leblanc receives initial award of 29,112 restricted shares vesting May 15, 2026; serves on Audit, Compensation, Nominating committees.","Jesse Chen appointed Chair of Audit Committee, receives $20k annual retainer."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":8032005068.705355,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":133533,"accession_number":"0001437749-25-024204","cik":1051627,"company_name":"AXT INC","ticker":"AXTI","form_type":"8-K","filed_at":"2025-07-31T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AXT Q2 2025 revenue $18M, net loss $7M; GaAs export delays and China sluggishness","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $18.0M, down 36% YoY from $27.9M; QoQ down from $19.4M.","GAAP net loss $7.0M ($0.16/sh) vs loss $1.5M YoY; non-GAAP loss $6.4M ($0.15/sh).","GAAP gross margin 8.0%, improved from (6.4%) Q1 but down from 27.4% YoY.","CEO: longer GaAs export permit processing & China demand sluggishness; AI-driven InP demand growing.","Tongmei STAR Market IPO still pending CSRC approval; expects completion in coming months."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.36,"consensus_revenue_estimate":null,"consensus_revenue_actual":37330000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":8032005068.705355,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":133529,"accession_number":"0001437749-25-023431","cik":1051627,"company_name":"AXT INC","ticker":"AXTI","form_type":"8-K/A","filed_at":"2025-07-24T23:59:59+00:00","items":["3.01","9.01"],"status":"ready","headline":"AXT corrects 8-K to show Nasdaq notice date for audit committee non-compliance","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Nasdaq notified AXT on July 18, 2025 that audit committee has only two independent directors after Christine Russell's passing.","Cure period: until earlier of next annual meeting or July 11, 2026; if annual meeting before Jan 7, 2026, evidence due by Jan 7, 2026.","Board plans to add a new independent director to regain compliance before cure period expires.","Non-compliance stems from Nasdaq Listing Rule 5605(c)(2)(A) requiring three independent audit committee members."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":8032005068.705355,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":133532,"accession_number":"0001437749-25-023321","cik":1051627,"company_name":"AXT INC","ticker":"AXTI","form_type":"8-K","filed_at":"2025-07-23T23:59:59+00:00","items":["3.01","9.01"],"status":"ready","headline":"AXT non-compliant with Nasdaq audit committee rules after director death; cure period through mid-2026","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Passing of director Christine Russell left Audit Committee with only two independent directors, violating Nasdaq Rule 5605(c)(2)(A).","Nasdaq granted cure period: compliance required by earlier of next annual meeting or July 11, 2026.","If 2025 annual meeting held before Jan 7, 2026, compliance deadline is Jan 7, 2026 instead.","Company intends to regain compliance by appointing a new independent director meeting Nasdaq requirements."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":8032005068.705355,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":133531,"accession_number":"0001437749-25-023014","cik":1051627,"company_name":"AXT INC","ticker":"AXTI","form_type":"8-K","filed_at":"2025-07-18T23:59:59+00:00","items":["3.01","9.01"],"status":"ready","headline":"AXT reports board director death; Audit Committee now non-compliant with Nasdaq rule","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Christine Russell, independent director and Audit Committee Chair, passed away on July 11, 2025.","Audit Committee reduced to two independent directors, violating Nasdaq Listing Rule 5605(c)(2)(A).","Company has cure period until earlier of next annual meeting or July 11, 2026 to regain compliance.","Board will begin search for a new independent director qualified for Audit Committee.","No other listing issues; common stock continues trading on Nasdaq under symbol AXTI."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":8032005068.705355,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":133530,"accession_number":"0001437749-25-022428","cik":1051627,"company_name":"AXT INC","ticker":"AXTI","form_type":"8-K","filed_at":"2025-07-09T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"AXT cuts Q2 revenue guidance to $17.5-18M on export permit delays and weak China demand","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Preliminary Q2 2025 revenue $17.5-18M, below prior guidance of $20-22M.","Revenue shortfall driven by slower export control permits for GaAs products and weaker China demand.","AI-related demand for indium phosphide increased in Q2; Tongmei received first export permits for InP late Q2.","Company expects Q2 2025 gross margins in high single digits despite revenue miss.","Full Q2 2025 earnings scheduled for July 31, 2025; conference call at 1:30 p.m. PT."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.36,"consensus_revenue_estimate":null,"consensus_revenue_actual":37330000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":8032005068.705355,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":150204,"accession_number":"0001437749-25-020087","cik":1051627,"company_name":"AXT INC","ticker":"AXTI","form_type":"8-K","filed_at":"2025-06-11T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"AXT subsidiary receives initial export permits for indium phosphide from China","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Beijing Tongmei Xtal Technology, AXT subsidiary, received initial export permits from China's Ministry of Commerce.","Permits allow resumption of indium phosphide substrate shipments to certain customers.","Export controls on indium were announced Feb 4, 2025; this is first step in lifting restrictions.","Company cautions customer fulfillment subject to operational and regulatory uncertainties."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":8032005068.705355,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":150203,"accession_number":"0001558370-25-007952","cik":1051627,"company_name":"AXT INC","ticker":"AXTI","form_type":"8-K","filed_at":"2025-05-16T23:59:59+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"AXT stockholders approve 2025 Equity Incentive Plan, elect director at annual meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Christine Russell elected Class III director with 94.9% of votes cast (14,621,153 For, 779,476 Withheld).","Advisory vote on executive compensation approved: 13,609,497 For, 541,575 Against, 1,249,557 Abstain.","2025 Equity Incentive Plan approved; replaces 2015 Plan, reserves ~3.73M shares plus lapsed 2015 Plan awards.","BPM LLP ratified as independent auditor for FY2025: 30,939,751 For, 455,982 Against, 290,760 Abstain.","Annual meeting quorum: 31,686,493 shares (69%) of 45,597,995 outstanding shares represented."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":8032005068.705355,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":150202,"accession_number":"0001558370-25-006107","cik":1051627,"company_name":"AXT INC","ticker":"AXTI","form_type":"8-K","filed_at":"2025-05-01T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AXT Q1 2025 revenue $19.4M; GAAP gross margin -6.4%; net loss $0.20/share","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $19.4M, down 23% sequentially from $25.1M and 15% YoY from $22.7M.","GAAP gross margin turned negative to (6.4)% from 17.6% in Q4 2024; non-GAAP (6.1)%.","GAAP net loss $8.8M ($0.20 per share) vs loss of $5.1M ($0.12) Q4 2024 and $2.1M ($0.05) Q1 2024.","Decline driven by 58% drop in indium phosphide sales from China trade restrictions, GaAs yield issues, and under-absorbed overhead.","Management expects gross margin improvement starting Q2 2025; Tongmei STAR Market IPO still pending CSRC approval."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.2,"consensus_revenue_estimate":null,"consensus_revenue_actual":19356000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":8032005068.705355,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":169211,"accession_number":"0001558370-25-001218","cik":1051627,"company_name":"AXT INC","ticker":"AXTI","form_type":"8-K","filed_at":"2025-02-20T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AXT reports FY2024 revenue up 31% to $99.4M; Q4 net loss of $5.1M widens sequentially","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["FY2024 revenue $99.4M (up 31% YoY); GAAP net loss $11.6M ($0.27/share) improves from $17.9M loss.","Q4 2024 revenue $25.1M (up 23% YoY); GAAP gross margin 17.6% vs 22.6% a year ago.","Q4 GAAP net loss $5.1M ($0.12/share) vs $3.6M loss in Q4 2023 and $2.9M loss in Q3 2024.","Non-GAAP FY2024 net loss $8.5M ($0.20/share) vs non-GAAP net income of $14.3M ($0.34) in FY2023.","Tongmei STAR Market IPO still awaiting CSRC approval; hopes to complete in coming months."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.27,"consensus_revenue_estimate":null,"consensus_revenue_actual":99361000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":8032005068.705355,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":186250,"accession_number":"0001558370-24-014054","cik":1051627,"company_name":"AXT INC","ticker":"AXTI","form_type":"8-K","filed_at":"2024-10-31T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AXT Q3 revenue $23.6M, down sequentially; net loss $0.07/share, YoY improvement","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $23.6M, -15% QoQ from $27.9M, +36% YoY from $17.4M.","GAAP net loss $2.9M ($0.07/sh) vs Q2 loss $1.5M ($0.04) and Q3 2023 loss $5.8M ($0.14).","GAAP gross margin 24.0%, down from 27.4% QoQ but up from 10.7% YoY.","Non-GAAP net loss $2.1M ($0.05/sh) vs Q2 loss $0.8M ($0.02) and Q3 2023 loss $4.9M ($0.12).","STAR Market IPO of subsidiary Tongmei still pending CSRC approval; expects completion in coming months."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.15,"consensus_revenue_estimate":null,"consensus_revenue_actual":74256000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":8032005068.705355,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":202876,"accession_number":"0001558370-24-010602","cik":1051627,"company_name":"AXT INC","ticker":"AXTI","form_type":"8-K","filed_at":"2024-08-01T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AXT Q2 revenue $27.9M, up 50% YoY; net loss narrows to $0.04 per share","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $27.9M, +23% sequential and +50% YoY; GAAP net loss $1.5M ($0.04/sh) vs $5.1M loss a year ago.","GAAP gross margin 27.4% vs 9.2% in Q2 2023; operating loss improved to $1.9M from $6.8M.","CEO cites AI-driven demand for indium phosphide in optical transceivers as growth catalyst.","Tongmei STAR Market IPO still pending CSRC approval; expects to close in coming months."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.09,"consensus_revenue_estimate":null,"consensus_revenue_actual":50611000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":8032005068.705355,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":219072,"accession_number":"0001558370-24-008474","cik":1051627,"company_name":"AXT INC","ticker":"AXTI","form_type":"8-K","filed_at":"2024-05-20T23:59:59+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"AXTI shareholders approve 3.6M share increase to equity plan; re-elect Jesse Chen","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Stockholders approved amendment to 2015 Equity Incentive Plan to increase reserved shares by 3,600,000.","Director Jesse Chen re-elected with 88.23% of votes cast; 7,042,413 broker non-votes.","Advisory say-on-pay passed with 24,199,205 for (92.5% of votes cast).","Ratification of BPM LLP as independent auditor for FY2024 with 31,630,895 for (95.3% of votes cast)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":8032005068.705355,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":219071,"accession_number":"0001558370-24-006544","cik":1051627,"company_name":"AXT INC","ticker":"AXTI","form_type":"8-K","filed_at":"2024-05-02T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AXT Q1 revenue $22.7M, up 11% QoQ; IP substrates up 48%; net loss narrows","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $22.7M, up 11% sequentially and 17% YoY; GAAP net loss ($2.1M) / ($0.05) vs ($3.6M)/$0.09 in Q4.","Indium phosphide substrate revenue surged 48% QoQ, driven by AI optical interconnects and data-center transceivers.","Non-GAAP gross margin 27.3% vs 23.2% in Q4; non-GAAP net loss narrowed to ($1.3M) / ($0.03) from ($2.8M).","Tongmei STAR Market IPO still pending CSRC approval; expects completion in coming months."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.05,"consensus_revenue_estimate":null,"consensus_revenue_actual":22688000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":8032005068.705355,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":219070,"accession_number":"0001558370-24-004808","cik":1051627,"company_name":"AXT INC","ticker":"AXTI","form_type":"8-K","filed_at":"2024-04-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AXT pre-announces Q1 2024 revenue of $22.4-$22.7M, beating prior guidance","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Preliminary Q1 2024 revenue expected $22.4M–$22.7M, above prior guidance of $20M–$22M.","Growth driven by indium phosphide and gallium arsenide substrates for AI/data center, infrastructure, wireless, industrial lasers.","Full Q1 2024 earnings release scheduled for May 2, 2024 after market close."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":8032005068.705355,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":238954,"accession_number":"0001558370-24-001530","cik":1051627,"company_name":"AXT INC","ticker":"AXTI","form_type":"8-K","filed_at":"2024-02-22T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AXT Q4 revenue $20.4M (+18% seq), net loss $0.09; FY revenue falls to $75.8M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 2023 revenue $20.4M, up 18% from Q3 $17.4M, down 24% YoY from $26.8M.","GAAP net loss $3.6M ($0.09/sh) vs Q3 loss $5.8M ($0.14) and Q4 2022 income $1.3M ($0.03).","FY 2023 revenue $75.8M vs $141.1M; net loss $17.9M ($0.42) vs income $15.8M ($0.37) in FY 2022.","CEO cites recovery signs: higher indium phosphide orders for AI and fiber optics; GaAs inventory largely cleared.","Subsidiary Tongmei's STAR Market IPO still under CSRC review; hopes to complete in coming months."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.42,"consensus_revenue_estimate":null,"consensus_revenue_actual":75795000.0,"consensus_period":"2023-FY","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":8032005068.705355,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":256443,"accession_number":"0001558370-23-017419","cik":1051627,"company_name":"AXT INC","ticker":"AXTI","form_type":"8-K","filed_at":"2023-11-02T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AXT reports Q3 2023 revenue of $17.4M, net loss of $5.8M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $17.4M, down from $35.2M in Q3 2022 (YoY decline ~51%).","GAAP net loss $5.8M ($0.14/share) vs net income $5.8M ($0.13/share) a year ago.","GAAP gross margin 10.7% vs 42.0% a year ago; non-GAAP gross margin 11.3% vs 42.2%.","Non-GAAP net loss $4.9M ($0.12/share) vs income $6.8M ($0.16/share) a year ago.","CEO cites stable demand, early data center improvement; inventory rationalization may persist."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.34,"consensus_revenue_estimate":null,"consensus_revenue_actual":55366000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":8032005068.705355,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":273837,"accession_number":"0001558370-23-013229","cik":1051627,"company_name":"AXT INC","ticker":"AXTI","form_type":"8-K","filed_at":"2023-08-03T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AXT Q2 revenue $18.6M, net loss $5.1M; gross margin slumps to 9.2%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $18.6M, down 53% YoY from $39.5M; GAAP net loss $5.1M ($0.12 EPS) vs. net income $5.5M YoY.","Non-GAAP net loss $4.2M ($0.10 EPS) vs. net income $6.7M ($0.16 EPS) in Q2 2022.","GAAP gross margin 9.2% vs. 39.1% YoY; operating loss $6.8M vs. profit $5.3M a year ago.","Subsidiary Tongmei's STAR Market IPO still under CSRC review; process ongoing."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.2,"consensus_revenue_estimate":null,"consensus_revenue_actual":38000000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":8032005068.705355,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":273836,"accession_number":"0001558370-23-011686","cik":1051627,"company_name":"AXT INC","ticker":"AXTI","form_type":"8-K","filed_at":"2023-07-05T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"AXT addresses China's new export controls on gallium and germanium; to seek permits","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["China's new export regulations on gallium/germanium take effect Aug 1, 2023; AXT's China subsidiary will seek permits.","Indium phosphide substrates not covered; exports continue without new approvals.","Q1 2023 revenue from gallium arsenide/germanium substrates outside China was ~$4.3M for consumer, auto, display, industrial.","Company to report Q2 2023 earnings on Aug 3, 2023 after market close."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":8032005068.705355,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":290919,"accession_number":"0001558370-23-010304","cik":1051627,"company_name":"AXT INC","ticker":"AXTI","form_type":"8-K","filed_at":"2023-05-22T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"AXT shareholders elect Young and Chang as Class I directors at annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Dr. Morris S. Young re-elected with 26,094,280 shares for (94.5%); Dr. David C. Chang with 23,743,170 for (86.0%).","Advisory vote on executive compensation approved: 23,569,412 for (83.9% of votes cast); one-year frequency selected (83.9%).","Ratification of BPM LLP as auditor for FY2023: 34,716,052 for, 273,524 against (99.2% approval)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.15,"market_cap_usd":8032005068.705355,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":290918,"accession_number":"0001558370-23-007061","cik":1051627,"company_name":"AXT INC","ticker":"AXTI","form_type":"8-K","filed_at":"2023-04-27T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AXT Q1 revenue $19.4M, down 51% YoY; GAAP EPS loss $0.08","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $19.4M vs $39.7M Q1 2022; GAAP net loss $3.3M ($0.08/sh) vs income $3.2M ($0.07).","GAAP operating loss $4.4M vs profit $3.7M YoY; gross margin 26.3% vs 33.6%.","Non-GAAP net loss $2.4M ($0.06/sh) vs income $4.3M ($0.10) Q1 2022.","CEO cites inventory correction; STAR Market IPO for Tongmei subsidiary still pending CSRC approval."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.08,"consensus_revenue_estimate":null,"consensus_revenue_actual":19405000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":8032005068.705355,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":311765,"accession_number":"0001558370-23-001447","cik":1051627,"company_name":"AXT INC","ticker":"AXTI","form_type":"8-K","filed_at":"2023-02-16T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AXT Q4 revenue $26.8M, down 29% YoY; GAAP EPS $0.03 vs $0.07 YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $26.8M (-29% YoY); GAAP net income $1.3M ($0.03/share) vs $3.0M ($0.07) a year ago.","GAAP gross margin 32.1% vs 42.0% in Q3; non-GAAP operating loss $0.3M.","FY2022 revenue $141.1M (+3% YoY); GAAP net income $15.8M ($0.37) vs $14.6M ($0.34).","Subsidiary Tongmei's STAR Market IPO approved by SSE in July 2022, CSRC review ongoing."],"consensus_eps_estimate":null,"consensus_eps_actual":0.37,"consensus_revenue_estimate":null,"consensus_revenue_actual":141118000.0,"consensus_period":"2022-FY","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":8032005068.705355,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":330320,"accession_number":"0001558370-22-015506","cik":1051627,"company_name":"AXT INC","ticker":"AXTI","form_type":"8-K","filed_at":"2022-10-27T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AXT Q3 2022: Revenue $35.2M, GAAP EPS $0.13, Indium Phosphide revenue up 12% QoQ","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $35.2M, down 11% QoQ from $39.5M but up 2% YoY from $34.6M.","GAAP gross margin expanded to 42.0% from 39.1% QoQ and 33.3% YoY; non-GAAP 42.2%.","GAAP net income $5.8M ($0.13 EPS); non-GAAP net income $6.8M ($0.16 EPS).","Indium phosphide revenue grew 12% over Q2 to a record high; up 48% YoY.","Subsidiary Tongmei's STAR Market IPO: CSRC accepted application, target Q4 2022."],"consensus_eps_estimate":null,"consensus_eps_actual":0.34,"consensus_revenue_estimate":null,"consensus_revenue_actual":114323000.0,"consensus_period":"2022-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":8032005068.705355,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":330319,"accession_number":"0001558370-22-014787","cik":1051627,"company_name":"AXT INC","ticker":"AXTI","form_type":"8-K","filed_at":"2022-10-03T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AXT cuts Q3 revenue guidance to $34-35M from $39-41M; cites China macro weakness","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Preliminary Q3 revenue range of $34-35M, below prior guidance of $39-41M issued July 28, 2022.","Revenue shortfall driven by weakening macroeconomic conditions, particularly demand in China.","Full Q3 financial statements not yet available; earnings call scheduled for Oct. 27, 2022.","CEO Morris Young expressed disappointment but reaffirmed confidence in long-term strategy."],"consensus_eps_estimate":null,"consensus_eps_actual":0.34,"consensus_revenue_estimate":null,"consensus_revenue_actual":114323000.0,"consensus_period":"2022-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":8032005068.705355,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":347878,"accession_number":"0001558370-22-013815","cik":1051627,"company_name":"AXT INC","ticker":"AXTI","form_type":"8-K/A","filed_at":"2022-08-19T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"AXT files 8-K/A correcting shareholder vote count for auditor ratification","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Correction increases 'For' votes on Proposal 3 (BPM ratification) from 32,469,274 to 33,469,274.","Outcome of shareholder vote on Proposal 3 remains unchanged.","Original 8-K filed May 24, 2022; this amendment filed August 19, 2022.","Only change is correction of inadvertent error in vote count for auditor ratification."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.05,"calibrated_materiality_score":0.05,"market_cap_usd":8032005068.705355,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":347882,"accession_number":"0001558370-22-011572","cik":1051627,"company_name":"AXT INC","ticker":"AXTI","form_type":"8-K","filed_at":"2022-08-02T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"AXT's subsidiary Tongmei revised IPO application accepted by CSRC for review","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["On August 1, 2022, CSRC accepted Tongmei's revised preliminary IPO application for review.","Shanghai Stock Exchange had approved Tongmei's IPO application on July 12, 2022.","STAR Market IPO remains subject to CSRC and other approvals; no assurance of completion.","Tongmei shares in the IPO are not and will not be registered under the U.S. Securities Act."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":8032005068.705355,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":347881,"accession_number":"0001558370-22-011264","cik":1051627,"company_name":"AXT INC","ticker":"AXTI","form_type":"8-K","filed_at":"2022-07-28T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AXT Q2 2022 revenue $39.5M (+17% YoY); gross margin expands; STAR Market IPO approved","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $39.5M, up 17% YoY from $33.7M; GAAP EPS $0.13 vs $0.10 YoY.","GAAP gross margin 39.1% vs 36.3% YoY; non-GAAP gross margin 39.4%.","First-half 2022 revenue up 22% YoY; CEO cites strong growth in strategic applications and Tier-1 customer ramps.","SSE approved Tongmei's STAR Market IPO on July 12; still subject to CSRC approval; timing expected Q4 2022."],"consensus_eps_estimate":null,"consensus_eps_actual":0.2,"consensus_revenue_estimate":null,"consensus_revenue_actual":79140000.0,"consensus_period":"2022-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":8032005068.705355,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":347880,"accession_number":"0001558370-22-010636","cik":1051627,"company_name":"AXT INC","ticker":"AXTI","form_type":"8-K","filed_at":"2022-07-12T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"AXT subsidiary Tongmei receives SSE approval for STAR Market IPO; CSRC review remains","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Shanghai Stock Exchange approved Tongmei's IPO listing application for the STAR Market.","IPO still subject to China Securities Regulatory Commission and other authorities' approval.","CEO expects listing completion in second half of 2022, likely Q4 2022.","SSE approval considered a major milestone; CSRC typically relies on SSE review.","No assurances given that final approval or IPO will be completed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":8032005068.705355,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":347879,"accession_number":"0001558370-22-010554","cik":1051627,"company_name":"AXT INC","ticker":"AXTI","form_type":"8-K","filed_at":"2022-07-06T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"AXT subsidiary Tongmei files updated IPO application; pre-announces H1 2022 revenue and profit range","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Shanghai Stock Exchange accepted Tongmei's revised STAR Market IPO application for review on July 5, 2022.","Tongmei's Q1 2022 revenue RMB 252.6M (RMB 193.2M Q1 2021); net profit RMB 20.4M (RMB 13.9M Q1 2021) under Chinese GAAP.","Tongmei preliminarily expects H1 2022 revenue RMB 456.2M–557.6M (H1 2021: RMB 393.6M) and net profit RMB 44.3M–54.2M (H1 2021: RMB 40.2M).","AXT is not updating its Q2 2022 guidance provided April 28, 2022; Tongmei results under Chinese GAAP differ materially from AXT consolidated US GAAP."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":8032005068.705355,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":364419,"accession_number":"0001558370-22-010098","cik":1051627,"company_name":"AXT INC","ticker":"AXTI","form_type":"8-K","filed_at":"2022-06-17T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"AXT subsidiary Tongmei's revised STAR Market IPO application accepted for review by Shanghai Stock Exchange","summary_kind":"llm","event_type":"other_material","confidence":"medium","bullets":["On June 17, 2022, the Shanghai Stock Exchange accepted Tongmei's revised application for an IPO on the STAR Market.","AXT furnished the revised preliminary information document (PID), supplementary legal opinion (Ex-99.2), and audit inquiry letter (Ex-99.3).","The filing notes the IPO process is lengthy and there is no assurance of final approval by regulators.","Tongmei's shares are not registered under the U.S. Securities Act and cannot be offered or sold in the United States.","The disclosure was made under Item 7.01 Regulation FD and Item 9.01 Financial Statements and Exhibits of Form 8-K."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":8032005068.705355,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":364418,"accession_number":"0001558370-22-009303","cik":1051627,"company_name":"AXT INC","ticker":"AXTI","form_type":"8-K","filed_at":"2022-05-24T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"AXT shareholders elect Christine Russell as Class III director, approve compensation and auditor","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Christine Russell elected as Class III director with 94.4% of votes cast (26,022,373 for).","Advisory vote on executive compensation approved: 26,302,231 for, 486,321 against.","Ratification of BPM LLP as independent auditor for FY2022 passed with 32,469,274 for.","Broker non-votes were 6,180,386 on director election and compensation proposals.","Annual Meeting held May 19, 2022; all three proposals approved by shareholders."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":8032005068.705355,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2022-05-24T23:59:59+00:00|364418"}