PDA drag panel
BUSINESS ANALYSIS DECADAL
: AXTI uses a proprietary vertical gradient freeze technique to produce high-performance compound semiconductorbase materials, or substances, for use in a variety of electronic and opto-electronic applications. For the 3 months ended 3/31/00, revenues rose 27% to $23.9M. Net income totalled $2M vs. a loss of $985K. Revenues reflect increased sales of GaAs and InP substrates. Earnings also reflect an increase in gross profit.