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AXT's Inventory Rises Sharply: Will Working Capital Pressure Grow?

Source: zacks.com

Company FundamentalsCorporate Guidance & Outlook
AXT's Inventory Rises Sharply: Will Working Capital Pressure Grow?

AXTI's inventory rose 18% to $96.3 million, raising working-capital concerns. The increase is offset by strong InP demand, a backlog above $100 million, and robust liquidity.

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