you, afternoon, Thank Gary, and good everybody.
grateful to amidst employees that want first our well remained that and and report I'm you AXT far. your their to are healthy families say I global to I hope listener this also pandemic. have family so
market on update the of on I’ll impact begin on and to our conditions. a our today coronavirus branches the brief then with move
we our reported February, strict protective of you measures practices one to have accordance been laws. employees in remain best in local taking our in our concern. number safety we and The facilities As with
the our of our most facilities employees. were in exposures China to of first For the manufacturing risk staffing for operating at quarter, reduced limit levels
on of our did were this impact to earnings results expectations. our customer an have able we productivity, meet the revenue slightly in that While demand were ahead posting quarter, and
provision, place, In and temperature including precautions. provisions staffing remain evolved other three to we allowing face government mandate employee protective changes have recent Other full weeks, the group masks, in gear, implemented food us among levels meeting locations. all return limited our including manufacturing cafeteria screening, in at to
well challenge from restrictions China. China, the our as to to travel productivity remains biggest limited between travel three The and as facilities in
has parts and services as ability for delivery our shipping In manufacturing, as for needed customers. and to rush which our our slowed has orders obtaining implications ship well to addition,
Finally, customers. with interactions like prefer to our value find companies, great most we in face-to-face
strategize in the useful, collaboration particularly tools very the been problem-solve and to customers forward look last we our proven can have in online where with While we months, several person. day
positive required maintain note, we're chain a substrate manufacturing. experiencing any in noticeable supply On our raw not our of materials to disruption
everything to obtain able we also are need. We
As limited. into QX, enter we visibility remains
are conservative markets. taking view of we such, our As appropriate
However, strengths, is fairly global steady conditions demand across portfolio. for with of substrate our our amidst difficult the holding pocket
for In this and certain the from passive optical orders connectivity due We part anticipated in in customers. is believe of data indium networks demand stronger than nearly XX% from QX, was timing prior quarter. phosphide, growing to the center
increasing to for both strong applications revenue to QX. years we’re towards to As drive indium to networks these trend More likely and in a requirements is in such, broadly be see higher come. bandwidth speed we though, expecting not of continue growth phosphide that
these straight signals positive, requirements. their providing are of demand about applications Customers
is time been Lead arsenide respond revenue expecting it automotive in applications. Gallium into we the business how in in predict increased LED have short to able support have orders move typical offset would adapt Although conditions from prior and year. weakness been for balance wireless QX, we’re of demand. customer quickly evolve some quarter, by we applications applications, the the by QX over to increase to strength in as driven primarily but
in are Kazuo new support emerging the across now customer applications. to Dingxing a able position and facilities we and to be requirements our strong operation, new in With
completed During our QX to customer manufacturing one announce that volume we its arsenide for pleased were qualification important relocation. gallium our milestone an of site production, of for largest
Over to expect year, the we balance ramp from production the of Beijing.
recent substrates, by germanium growth applications. Turning driven uptick in solar have quarters in demand satellite an cell we primarily in seen
QX since QX its to reached XXXX in of see revenue Our highest QX. and level in improvement continued we expect
revenue the but year. of employee put Most are place flat back the early for joint prior reduced our expected our full precautions in production this from to material staffing quarter were essentially following QX. And grow to finally, in raw ventures in is safety
will we the to In business to are of the investors. midst predict, ever. employees, more continue the our Knowing of well-being very centers is that serve and environment, our prioritize customers application challenging difficult to support the communication important closing, in than we our connectivity on of and accessibility the a climate
and prepare emphasize better We a successfully business will discipline our the and to the to these are navigate Further, ahead. and scalable healthy sheet we art for days ready to relocation of continue our and the customers. as serve unusual now we which fiscal transformed strong plan facilities with have of completion balance times need has AXT highly we state believe capability our for
guidance. These conclude I second the back my call prepared for Gary now quarter Gary? comments. turn to will
