🟢 AXT is trading 4.7% up in pre-market after record Q2 results and stronger Q3 guidance

AXT is trading at $92.70, up +4.65% in pre-market as investors continue reacting to record second-quarter results and sharply stronger third-quarter guidance.

• Q2 revenue reached $47.6 million, with $0.19 non-GAAP EPS.
• Q3 guidance calls for approximately $66 million in revenue and $0.30–$0.32 EPS.
• AI data-center optical-connectivity demand is supporting indium-phosphide growth and capacity expansion.