Navitas Semiconductor Announces Third Quarter 2024 Financial Results
Navitas Semiconductor Corporation (NVTS)
Company Research
Source: GlobeNewswire
Record sales in GaN mobile fast-charger marketNew, low-voltage GaN technology enters 48V AI data center, EV and robotics marketsStrategic partnership with Infineon Technologies enables customer dual sourcingStreamlined market focus and cost structure improve path to profitability TORRANCE, Calif., Nov. 04, 2024 (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, today announced unaudited financial results for the third quarter ended September 30, 2024. “I’m pleased to announce record sales in the mobile fast-charger market plus a completely new GaN platform for 48V AI data centers, EV and AI robotics applications in conjunction with a new, strategic, dual-sourcing partnership with Infineon,” said Gene Sheridan, CEO and co-founder. “Despite macro-economic challenges, we continue to grow faster than the market, and
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News
- Navitas Semiconductor (NVTS): Financial Struggles and Future Prospects [Yahoo! Finance]Yahoo! Finance
- Navitas Semiconductor to Participate in Upcoming CICC Investor CallGlobeNewswire
- Why Navitas Soared 20% Today [Yahoo! Finance]Yahoo! Finance
- Navitas Showcases Breakthroughs in GaN and SiC Technologies for AI Data Centers, EVs, and Mobile Applications at CES 2025 [Yahoo! Finance]Yahoo! Finance
- Navitas Showcases Breakthroughs in GaN and SiC Technologies for AI Data Centers, EVs, and Mobile Applications at CES 2025GlobeNewswire
NVTS
Earnings
- 11/4/24 - Beat
NVTS
Sec Filings
- 12/11/24 - Form 4
- 12/11/24 - Form 4
- 12/11/24 - Form 144
- NVTS's page on the SEC website