Unaudited Quarterly Consolidated Financial Data

12 Months Ended

Dec. 31, 2017

Unaudited Quarterly Consolidated Financial Data

Unaudited Quarterly Consolidated Financial Data

Note 18. Unaudited Quarterly Consolidated Financial Data


	Quarter
	First			Second		Third		Fourth
	(in thousands, except per share data)
2017:
Revenue	$	20,616		$	23,557	$	28,168	$	26,332
Gross profit		6,288			7,256		11,133		9,798
Net income attributable to AXT, Inc		665			1,930		4,419		3,134
Net (loss) attributable to AXT, Inc per share, basic	$	0.02		$	0.05	$	0.11	$	0.08
Net (loss) attributable to AXT, Inc per share, diluted	$	0.02		$	0.05	$	0.11	$	0.08
2016:
Revenue	$	18,713		$	20,495	$	21,872	$	20,269
Gross profit		5,253			6,027		7,578		7,523
Net (loss) attributable to AXT, Inc		42			1,151		2,229		2,214
Net (loss) attributable to AXT, Inc per share, basic	$	(0.00)	*	$	0.03	$	0.07	$	0.07
Net (loss) attributable to AXT, Inc per share, diluted	$	(0.00)	*	$	0.03	$	0.07	$	0.06

* Net loss to AXT, Inc. per common share resulted due to the accrual of preferred dividend liquidation preference during the three months ended March 31, 2016.