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BRIEF-Axt announces fire damage in manufacturing production area

March 16 Axt Inc

* Announces fire damage in manufacturing production area

* Says electrical short-circuit fire occurred at its Beijing manufacturing facility on evening of March 15, 2017, local time

* No injuries occurred and there was no structural damage.

* Says fire was located in its gallium arsenide and germanium crystal growth production area and production in that area has stopped

* Now believes that revenue for Q1, ending March 31, 2017, will be in range of $18.0 million to $18.5 million

* Q1 revenue view $20.2 million -- Thomson Reuters I/B/E/S Source text for Eikon: Further company coverage:

我们的标准: 汤森路透“信任原则

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