AXT Inc (AXTI) Q1 2026 Earnings Call

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WEBVTT NOTE Transcription provided by Deepgram Request Id: 01a0425b-5beb-7632-8ac6-3fd61f521f20 Created: 2026-08-27T08:34:41.244Z Duration: 3282.6514 Channels: 1 00:00:00.000 -- 00:00:03.360 Good afternoon, everyone, and welcome to AXT's 00:00:03.360 -- 00:00:06.800 First Quarter twenty twenty six Earnings Conference Call. 00:00:07.120 -- 00:00:09.679 Leading the call today is Doctor. Morris Young, 00:00:09.679 -- 00:00:13.120 Chief Executive Officer and Gary Fisher, Chief Financial 00:00:13.120 -- 00:00:13.599 Officer. 00:00:14.165 -- 00:00:17.525 In addition, Tim Bettles, VP of Business Development, 00:00:17.525 -- 00:00:19.285 will be participating in the Q and A 00:00:19.285 -- 00:00:21.925 portion of the call. My name is Tracy, 00:00:21.925 -- 00:00:23.765 and I will be your coordinator today. 00:00:24.165 -- 00:00:26.564 After today's prepared remarks, we will host a 00:00:26.564 -- 00:00:29.019 question and answer session. I 00:00:33.820 -- 00:00:35.340 would now like to turn the call over 00:00:35.340 -- 00:00:39.019 to Leslie Green, Investor Relations for AXT. 00:00:39.020 -- 00:00:39.899 Leslie, go ahead. 00:00:41.305 -- 00:00:44.025 Thank you, Tracy, and good afternoon, everyone. Before 00:00:44.025 -- 00:00:45.705 we begin, I would like to remind you 00:00:45.705 -- 00:00:47.785 that during the course of this conference call, 00:00:47.785 -- 00:00:50.505 including comments made in response to your questions, 00:00:50.585 -- 00:00:53.065 we will provide projections or make other forward 00:00:53.065 -- 00:00:56.540 looking statements regarding, among other things, the future 00:00:56.540 -- 00:00:59.740 financial performance of the company, market conditions and 00:00:59.740 -- 00:01:03.820 trends, emerging applications using chips or devices fabricated 00...