AXT Posts Upbeat Q2 Earnings, Joins Newell Brands, SPX Technologies, Amazon And Other Big Stocks Moving Higher On Friday
U.S. stocks were mixed, with the Nasdaq Composite gaining around 50 points on Friday. Shares of AXT Inc (NASDAQ: AXTI ) rose sharply after the company reported better-than-expected second-quarter financial results and issued strong third- quarter guidance. Semiconductor wafer manufacturer AXT reported adjusted EPS of 19 cents, which beat the analyst consensus estimate of seven cents, according to Pro data. Revenue rose 164.80% year over year (Y/Y) to $47.59 million, blowing past the Street estimate of $34.09 million. AXT shares jumped 25.3% to $58.80 on Friday. Here are some other big stocks recording gains in today’s session. Newell Brands Inc (NASDAQ: NWL ) gained 25.1% to $6.43 after the company reported better-than-expected second-quarter financial results and raised its FY26 guidance. Forum Energy Technologies Inc (NYSE: FET ) gained 20.4% to $62.01 after the company report...
S. stocks were mixed, with the Nasdaq Composite gaining around 50 points on Friday. Shares of AXT Inc (NASDAQ: AXTI ) rose sharply after the company reported better-than-expected second-quarter financial results and issued strong third- quarter guidance. Semiconductor wafer manufacturer AXT reported adjusted EPS of 19 cents, which beat the analyst consensus estimate of seven cents, according to Pro data.
09 million. 80 on Friday. Here are some other big stocks recording gains in today’s session. 43 after the company reported better-than-expected second-quarter financial results and raised its FY26 guidance.
01 after the company reported better-than-expected second-quarter financial results and raised its FY26 sales guidance above estimates. 39 after the company reported better-than-expected quarterly financial results. The company announced a 2-for-1 stock split. 38 after the company reported better-than-expected quarterly financial results and raised its FY26 guidance above estimates.
87 following strong quarterly results. 38 following upbeat earnings. 09 following third-quarter earnings. 58 after the company reported better-than-expected quarterly sales results and raised its FY26 sales guidance above estimates.
90 after the company reported better-than-expected quarterly financial results and raised its FY26 sales guidance. 01 after the company reported better-than-expected second-quarter financial results and issued current-quarter sales guidance above estimates. 11 after the company reported better-than-expected second-quarter financial results and raised its FY26 guidance above estimates. 54 as the company reported better-than-expected second-quarter financial results.
35 following strong quarterly earnings. 31 following upbeat earnings. Photo via Shutterstock