AXT, Inc. Announces Fourth Quarter and Fiscal Year 2022 Financial Results
Revenue for the fourth quarter of 2022 was $26.8 million, compared with $35.2 million in the third quarter of 2022 and $37.7 million for the fourth quarter of 2021.
- Revenue for the fourth quarter of 2022 was $26.8 million, compared with $35.2 million in the third quarter of 2022 and $37.7 million for the fourth quarter of 2021.
- GAAP gross margin was 32.1 percent of revenue for the fourth quarter of 2022, compared with 42.0 percent of revenue in the third quarter of 2022 and 32.2 percent for the fourth quarter of 2021.
- This compares with $10.2 million in the third quarter of 2022 and $9.1 million for the fourth quarter of 2021.
- Fiscal Year 2022 Results (January 1 to December 31, 2022)
Revenue for fiscal year 2022 was $141.1 million, compared with $137.4 million in fiscal year 2021.