Navitas Semiconductor (NASDAQ:NVTS) reported third-quarter revenue at the high end of its guidance range as the company continued shifting its business away from mobile and low-end consumer products toward high-power applications, particularly AI infrastructure. Revenue rose 33% sequentially and 38% year over year to $14.0 million, marking the company’s first quarter of year-over-year growth since […]

Navitas Semiconductor (NASDAQ:NVTS – Get Free Report) released its quarterly earnings results on Tuesday. The company reported ($0.03) EPS for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.01, FiscalAI reports. Navitas Semiconductor had a negative return on equity of 13.13% and a negative net margin of 856.85%. The company had revenue of $13.99 […]