AXT Inc (FRA:AHV)
€ 67.32 -8.08 (-10.72%) Market Cap: 5.03 Bil Enterprise Value: 4.80 Bil PE Ratio: 3,954.38 PB Ratio: 5.86 GF Score: 61/100

Q1 2019 AXT Inc Earnings Call Transcript

Apr 24, 2019 / 08:30PM GMT
Release Date Price: €4.22 (+3.37%)
Operator

Good afternoon, everyone, and welcome to AXT's First Quarter 2019 Financial Conference Call.

Leading the call today is Dr. Morris Young, Chief Executive Officer; and Gary Fischer, Chief Financial Officer. My name is Sarah, and I will be your coordinator today. (Operator Instructions) As a reminder, this call is being recorded.

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

Leslie Green

Thank you, Sarah, 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 expected growth in the markets we serve; emerging applications using chips or devices fabricated on our substrate; our product mix; our ability to increase orders in succeeding quarters; to control costs and expenses; to improve

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