Axt INC

AXT, Inc. announced robust financial results for the second quarter of 2026, with revenue soaring to $47.6 million and net income reaching $11.1 million, driven by strong demand in data center optical connectivity.

AXT, Inc. announced a significant long-term supplier agreement with Lumentum Operations, LLC, securing a minimum annual commitment for indium phosphide wafer substrates through 2031 and receiving substantial upfront deposits.

AXT, Inc. has amended its bylaws to reduce the quorum requirement for shareholder meetings from a majority to thirty-three and one-third percent of voting shares.

AXT, Inc. has appointed Jia-Bin Duh to its Board of Directors, expanding the board to six members and bringing over 30 years of executive leadership experience.

AXT, Inc. subsidiary Tongmei has withdrawn its IPO application from China's STAR Market to pursue a listing on the Hong Kong Stock Exchange, shifting focus to its indium phosphide business.

AXT, Inc. has entered into a significant Master Development and Supply Agreement with Coherent Corp for the mass development and supply of 6-inch indium phosphide (InP) wafer substrates.

AXT Inc. announced a significant 39.1% year-over-year revenue increase in Q1 2026, driven by strong demand for Indium Phosphide substrates.

AXT, Inc. reported an 18.2% revenue increase in Q3 2025 driven by substrate demand, but nine-month results show significant declines and ongoing geopolitical and legal challenges.

AXT, Inc. reported a significant revenue decline and increased net loss for Q2 2025, primarily driven by China's export restrictions on semiconductor substrates and unfavorable production yields.

AXT Inc. reports a net loss for Q1 2025, impacted by trade restrictions, production yield issues, and lower demand for key substrate products.

AXT Inc. saw a significant increase in revenue during the third quarter of 2024, driven by higher demand for its substrate products, but still reported a net loss.

AXT Inc. saw a significant increase in revenue for the second quarter of 2024, but also reported a net loss and is facing a shareholder class action lawsuit.

AXT, Inc. reports a net loss for 2025 amid significant revenue decline and trade restrictions, while securing $100 million in new capital to fund InP substrate expansion.

AXT Inc.'s 2024 10-K filing highlights the company's strategic efforts to manage escalating trade restrictions, pursue a STAR Market IPO for its subsidiary Tongmei, and navigate the complexities of its global operations.

AXT, Inc.'s annual report outlines the company's capital stock structure, including common and preferred stock details, and provisions designed to deter hostile takeovers.

Director Jesse Chen reported a sale of 6,172 shares of AXT Inc. common stock on June 15, 2026.

AXT Inc. Director David C. Chang reported a transaction involving the acquisition of 8,333 shares of common stock.

CEO Morris S. Young gifted 1,200 shares of AXT Inc. common stock from the Young Family Trust.

AXT Inc. Director Jesse Chen reported the sale of 22,000 shares of common stock across two transactions.

Director Jesse Chen executed a series of open-market sales of AXT Inc. common stock totaling 16,500 shares between June 8 and June 10, 2026.

Director Jesse Chen reported the sale of 10,133 shares of AXT Inc. common stock alongside an annual equity grant.

AXT, Inc. will hold its annual meeting to elect directors, approve executive compensation, ratify auditors, and vote on increasing authorized common stock from 70 million to 120 million shares, following a strong 2025 with exceeded financial targets.

AXT, Inc. will hold its annual shareholder meeting on May 15, 2025, to vote on director elections, executive compensation, an equity incentive plan, and auditor ratification.

AXT, Inc. is holding its annual meeting on May 15, 2025, to vote on key proposals including the election of a director, executive compensation, a new equity incentive plan, and the ratification of its auditor.

AXT, Inc. will hold its annual shareholder meeting on May 16, 2024, to vote on director elections, executive compensation, an equity incentive plan amendment, and auditor ratification.

AXT, Inc. has scheduled its annual stockholder meeting for May 16, 2024, to vote on director election, executive compensation, an equity incentive plan amendment, and auditor ratification.

E20 Capital Limited has reported beneficial ownership of 2,586,756 shares, representing 5.5% of the outstanding common stock of AXT Inc.

Cleveland Capital Management and associated parties have filed an amendment to their Schedule 13G, reporting a combined beneficial ownership of 1.1% in AXT, Inc.

Marex Group plc and its subsidiary Marex Securities Products Inc. have reported beneficial ownership of 4,005,709 shares, representing 7.2% of AXT Inc.'s common stock.

Jane Street Group, LLC and its affiliates have reported a significant beneficial ownership stake in AXT Inc., holding a combined 7.5% of the company's common stock.

Jane Street Group, LLC and its affiliates have reported beneficial ownership of 5.1% of AXT Inc.'s common stock as of March 31, 2026.

Cleveland Capital Management, L.L.C., Cleveland Capital, L.P., Wade Massad, and John Shiry have filed an amended Schedule 13G, disclosing their collective beneficial ownership of up to 6.9% of AXT, Inc.'s common stock as of March 31, 2025.