---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-004808"
form_type: "8-K"
ticker: "AXTI"
cik: "0001051627"
company_name: "AXT INC"
filed_at: "2024-04-08T23:59:59+00:00"
generated_at: "2026-06-04T01:15:06.806164+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# AXT pre-announces Q1 2024 revenue of $22.4-$22.7M, beating prior guidance

## Summary
- 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.

## SEC filing metadata
- accession: 0001558370-24-004808
- form_type: 8-K
- ticker: AXTI
- cik: 0001051627
- company_name: AXT INC
- filed_at: 2024-04-08T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1051627/000155837024004808/0001558370-24-004808-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1051627/000155837024004808/axti-20240408x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-004808
- JSON: https://secwatch.observer/filing/0001558370-24-004808.json
- Plain text: https://secwatch.observer/filing/0001558370-24-004808.txt

## Key facts
- Earnings Releases
  AXT INC reported first quarter ended March 31, 2024 results: revenue $22.4 to $22.7 million.
  - Period: first quarter ended March 31, 2024
  - Revenue: $22.4 to $22.7 million
  - Result: preliminary results
  source text: AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor substrates, today announced that it expects to report revenue in the range of $22.4 to $22.7 million for the first quarter ended March 31, 2024, exceeding the company’s prior guidance for the first quarter of 2024 of $20 million to $22 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1051627/000155837024004808/0001558370-24-004808-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.