Look, March quarter was the profitability inflection — $26.9M revenue, up 39%, non-GAAP margin 29.9% from negative. InP $13.6M, tad north of half, datacenter-driven, backlog over $100M. Next quarter guided largest InP ever, past pandemic record. June profitability both bases, built on ~$34M permitted or permit-free. So. Okay?

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AXTI / The quarter InP crossed half the business

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/p/p-day-20260726-axti-src-axti-inp-inflection-quarter-rotation ↗

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2026-07-26T11:26:24.228Z