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AXT, Inc. Issues Q3 2012 Guidance Below Analysts' Estimates-Conference Call
AXT, Inc. announced that for the third quarter of 2012, it expects total revenues of between $21-$23 million and net income of between $0.02 and $0.04 per share (EPS), based on approximately 33.4 million common shares outstanding. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $26 million and EPS of $0.09 for the third quarter of 2012.
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