AXT Inc (AXTI) Q2 2025 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Axt Inc.

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:01.769 -- 00:00:07.036 Good afternoon, everyone, and welcome to AXT Inc's second quarter 2025 financial conference 00:00:07.036 -- 00:00:12.123 call. Leading the call today is Dr. Morris Young, Chief Executive Officer, and 00:00:12.123 -- 00:00:17.130 Gary Fisher, Chief Financial Officer. In addition, Tim Bettles, VP of 00:00:17.130 -- 00:00:21.817 Business Development, will be participating in the Q&A portion of the call. 00:00:21.817 -- 00:00:24.160 My name is Audra, and I will be your coordinator today. 00:00:24.160 -- 00:00:29.427 I would now like to turn the call over to Leslie Green, Investor Relations for AXT. 00:00:29.427 -- 00:00:31.233 Please go ahead. 00:00:31.233 -- 00:00:33.757 Thank you, Audra, and good afternoon, everyone. 00:00:33.757 -- 00:00:37.322 Before we begin, I would like to remind you that during the course of this conference 00:00:37.322 -- 00:00:42.069 call, including comments made in response to your questions, we will provide projections 00:00:42.069 -- 00:00:46.816 or make other forward-looking statements regarding, among other things, the future financial 00:00:46.816 -- 00:00:51.984 performance of the company, market conditions and trends, emerging applications using 00:00:51.984 -- 00:00:57.291 chips or devices fabricated on our substrates, our product mix, global economic 00:00:57.291 -- 00:01:02.598 and political conditions, including trade tariffs, and import and export restrictions, 00:01:02.598 -- 00:01:08.044 our ability to increase orders in succeeding quarters, to control costs and expenses, 00:01:08.044 -- 00:01:13.951 to improve manufacturing yields and efficiencies, or to utilize 00:01:13.951 -- 00:01:16.712 our manufacturing capacity. 00:01:16.715 -- 00:01:21.480 We wish to caution you that such statements dea...