AXT revises Q4 2025 revenue to $22.5-23.5M on China export permit delays

AXT INC

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.

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