What Navitas Semiconductor (NVTS) Said on Its Q3 Earnings Call

What Navitas Semiconductor (NVTS) Said on Its Q3 Earnings Call

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

Navitas Revenue Up 38%, Q4 Spending to Jump: Rapid Earnings Reaction

Navitas is shifting toward power chips for AI data centers and has just bought another business to support that move. Its fourth-quarter outlook shows what that costs.

Navitas Revenue Rises 38% as GAAP Net Loss Widens to $37.1 Million

Navitas forecast fourth-quarter revenue of $16 million, plus or minus $500,000, and non-GAAP gross margin of 40.5%, plus or minus 1 percentage point.