AXT Q2 2022 revenue $39.5M (+17% YoY); gross margin expands; STAR Market IPO approved

AXT INC

2022-Q2 EPS reported $0.20 revenue$79,140,000

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.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.