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Navitas Semiconductor Corporation (NVTS) Reports Q1 Loss, Lags Revenue Estimates
ZACKS· 2025-05-05 22:25
Navitas Semiconductor Corporation (NVTS) came out with a quarterly loss of $0.06 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.06 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this company would post a loss of $0.06 per share when it actually produced a loss of $0.06, delivering no surprise.Over the last four quarters, the company has not been able to surpass consensus EPS estimates.Navitas Semiconductor, which ...
Navitas Semiconductor (NVTS) - 2025 Q1 - Earnings Call Transcript
2025-05-05 21:00
Navitas Semiconductor (NVTS) Q1 2025 Earnings Call May 05, 2025 05:00 PM ET Speaker0 Good afternoon. Thank you for standing by, and welcome to Nepitas Semiconductor First Quarter twenty twenty five Financial Results Conference Call. Please be advised today's conference is being recorded and a replay will be available on Navitas Investor Relations website. I would now like to hand the conference over to Lori Barker, Investor Relations. Please go ahead. Speaker1 Good afternoon, everyone. I'm Lori Barker, Inve ...
Navitas Semiconductor (NVTS) - 2025 Q1 - Quarterly Results
2025-05-05 20:17
Exhibit 99.1 1Q25 Financial Highlights Market, Customer and Technology Highlights: Business Outlook • Second quarter 2025 net revenues are expected to be $14.0 to $15.0 million. Non-GAAP gross margin for the second quarter is expected to be 38.5% plus or minus 50 basis points, and non-GAAP operating expenses are expected to be approximately $15.5 million in the second quarter of 2025. • GaN expected production ramp in new mainstream markets in AI data centers, solar micro- inverters and EV over next 12 mont ...
Navitas Semiconductor Announces First Quarter 2025 Financial Results
GlobeNewswire· 2025-05-05 20:03
GaN expected production ramp in new mainstream markets in AI data centers, solar micro-inverters and EV over next 12 monthsGaN sets industry benchmark with over 250M shipped and 100ppb field reliabilitySiC sets industry benchmark with reliability exceeding AEC standards and ultra-high voltage 2.3kV to 6.5V, with expansion into commercial EVs TORRANCE, Calif., May 05, 2025 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS), the only pure-play, next-generation power semiconductor company and industry le ...
Navitas Redefines Reliability with Industry’s First Automotive ‘AEC-Plus’ Qualified SiC MOSFETs in HV-T2Pak Top-Side Cooled Package
GlobeNewswire· 2025-05-05 12:30
Unprecedented reliability combined with superior performance & optimized, high-creepage package sets a new benchmark in automotive and industrial applications Navitas Redefines Reliability with Industry’s First Automotive ‘AEC-Plus’ Qualified SiC MOSFETs in HV-T2Pak Top-Side Cooled Package Unprecedented reliability combined with superior performance & optimized, high-creepage package sets a new benchmark in automotive and industrial applications. TORRANCE, Calif., May 05, 2025 (GLOBE NEWSWIRE) -- Navitas ...
Navitas GaNSense™ Motor Drive ICs Deliver Industry-Leading Performance, Efficiency, & Robustness in Home Appliances & Industrial Applications
GlobeNewswire· 2025-05-01 12:30
Fully integrated & protected GaN ICs with bi-directional loss-less current sensing delivers 4% higher efficiency, 15% lower system cost & 40% smaller footprint Navitas GaNSense™ Motor Drive ICs Deliver Industry-Leading Performance, Efficiency, & Robustness in Home Appliances & Industrial Applications Fully integrated & protected GaN ICs with bi-directional loss-less current sensing delivers 4% higher efficiency, 15% lower system cost & 40% smaller footprint. TORRANCE, Calif., May 01, 2025 (GLOBE NEWSWIRE ...
Navitas Semiconductor Announces Corporate Governance Enhancements
Newsfilter· 2025-04-25 01:30
Core Insights - Navitas Semiconductor has appointed Richard Hendrix as the new chair of the board, effective immediately, to enhance corporate governance and align board interests with stockholders [4][5] - The company has formed an executive steering committee to oversee strategic initiatives aimed at accelerating growth and profitability [8][11] - Daniel Kinzer has resigned from his executive roles but will continue to support the company in an advisory capacity [6][7] Corporate Governance Enhancements - Richard Hendrix, with over 30 years of capital markets experience, succeeds Gene Sheridan as chair while Sheridan remains CEO [4][5] - The board's commitment to strong corporate governance is emphasized, aiming to create value for stockholders [5] Strategic Initiatives - The executive steering committee will focus on expense management, product and technology roadmap acceleration, go-to-market strategies, and executive appointments [8][11] - The committee will work closely with CEO Gene Sheridan to ensure effective execution of these priorities [8] Market Position and Opportunities - Navitas is recognized as the only pure-play, next-generation power semiconductor company, specializing in GaN and SiC technologies [2][14] - The company aims to capitalize on multi-billion dollar market opportunities in sectors such as data centers, electric vehicles, and renewable energy [3][14]
Navitas Semiconductor to Report Q1 2025 Financial Results on Monday, May 5th, 2025
GlobeNewswire· 2025-04-21 20:05
Navitas Semiconductor to Report Q1 2025 Financial Results on Monday, May 5th, 2025 Navitas Semiconductor (Nasdaq: NVTS) today announced that it will report first quarter 2025 financial results after the market close on Monday, May 5th, 2025. Management will host a conference call and live webcast to present the company's financial results and answer questions from the financial analyst community at 2:00 p.m. Pacific / 5:00 p.m. Eastern that same evening. TORRANCE, Calif., April 21, 2025 (GLOBE NEWSWIRE) ...
Navitas’ Latest SiCPAK™ Power Modules Set a New Standard for Unparalleled Reliability & Efficient High-Temperature Performance
GlobeNewswire· 2025-04-17 12:30
Advanced low-cost epoxy-resin potting technology enables 5x lower thermal resistance shift for extended system lifetime Navitas’ Latest SiCPAK™ Power Modules Set a New Standard for Unparalleled Reliability & Efficient High-Temperature Performance Advanced low-cost epoxy-resin potting technology enables 5x lower thermal resistance shift for extended system lifetime. TORRANCE, Calif., April 17, 2025 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS), the only pure-play, next-generation power semicon ...
Navitas' Latest SiCPAK™ Power Modules Set a New Standard for Unparalleled Reliability & Efficient High-Temperature Performance
Newsfilter· 2025-04-17 12:30
TORRANCE, Calif., April 17, 2025 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS), the only pure-play, next-generation power semiconductor company and industry leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology, announces the release of its latest SiCPAK™ power modules with epoxy-resin potting technology, powered by proprietary trench-assisted planar SiC MOSFET technology, that have been rigorously designed and validated for the most demanding high-power environments, prio ...