Earnings call briefSecond-quarter 2026
AXT says about $66 million of third-quarter revenue has a permit or needs none
AXT also said it expects third-quarter non-GAAP operating expenses of about $10.5 million and non-GAAP net income of $0.30 to $0.32.
GetSignal AXT AXTI
On its second-quarter call, AXT said it has approximately $66 million in revenue that can be realized in the third quarter, for products it either already has a permit to ship or for which no export permit is required.
AXT said it cannot predict the future timing of permits or its success in obtaining them for any specific customer or order.
Quotes from the call
“With regards to OpEx, we expect that it will be approximately $10.5 million in Q3 on a non GAAP basis and approximately $11 million on a GAAP basis.”
Key facts from the call
- Third-quarter revenue outlook
- Approximately $66 million, for products with a permit to ship or no export permit required
- Expected third-quarter non-GAAP operating expenses
- Approximately $10.5 million
- Expected third-quarter non-GAAP net income
- $0.30 to $0.32
- Expected third-quarter share count
- Approximately 66.5 million shares
Source: AXT's second-quarter 2026 earnings call, July 30, 2026.
Written by GetSignal with AI from the company's earnings call.
Not investment advice.
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