AXT Inc (NAS:AXTI)
$ 3.28 -0.15 (-4.37%) Market Cap: 145.63 Mil Enterprise Value: 173.42 Mil PE Ratio: 0 PB Ratio: 0.74 GF Score: 69/100
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Q2 2023 AXT Inc Earnings Call Transcript

Aug 03, 2023 / 08:30PM GMT
Release Date Price: $2.96 (-1.00%)
Operator

Good afternoon, everyone, and welcome to AXT's Second Quarter 2023 Financial Conference Call. Leading the call today is Dr. Morris Young, Chief Executive Officer; and Gary Fischer, Chief Financial Officer. My name is Jessica, and I will be your operator today. (Operator Instructions)

I would now like to turn the call over to Leslie Green, Investor Relations for AXT.

Leslie Green

Thank you, Jessica, and good afternoon, everyone. Before we begin, I would like to remind you that during the course of this conference call, including comments made in response to your questions, we will provide projections or make other forward-looking statements regarding, among other things, the future financial performance of the company; market conditions and trends, including the expected growth in the markets we serve; emerging applications using chips or devices fabricated on our substrates; our product mix; our ability to increase orders in succeeding quarters to control costs and expenses; to improve manufacturing yields and efficiencies; to utilize our manufacturing

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