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AXTI Reports Fourth-Quarter Loss, Revenue Beats Estimates

AXT Inc. reports a Q4 loss, missing estimates but beating on revenue. Adjusted loss was 10 cents per share compared to analysts' estimates of a 4-cent loss. Revenue of $25.1 million exceeded expectations of $23.9 million.

Marcus & Millichap Reports $8.5 Million Net Income in Q4

Marcus & Millichap reports fourth-quarter net income of $8.5 million, or 22 cents per share, on revenue of $240.1 million. For the year, the company reports a loss of $12.4 million, or 32 cents per share, on revenue of $696.1 million.