Navitas Semiconductor (NVTS 2.52%) stock saw big sell-offs over the last week of trading. The chip specialist's share price closed out the stretch down 22.7% from the previous week's close, according to data from S&P Global Market Intelligence.
Navitas' Q4 earnings showcased a continuation of a trend of declining revenues and growing losses. Navitas is well-positioned to start recovering in the second half of the year thanks to its growing customer pipeline and design wins. A second half ramp in data center and EV segments could help expand margins and will aid in reaching EBITDA breakeven in 2026.
Navitas Semiconductor (NVTS -20.41%) stock is getting crushed in Tuesday's trading. The chip specialist's share price was down 19.4% as of 2:15 p.m.
NVTS' fourth-quarter results show record GaN sales and data center wins, but weak SiC demand hinders revenue growth.
Navitas Semiconductor Corporation (NASDAQ:NVTS ) Q4 2024 Earnings Conference Call February 24, 2025 5:00 PM ET Company Participants Stephen Oliver - Vice President of Investor Relations Gene Sheridan - Co-Founder and Chief Executive Officer Todd Glickman - Interim Chief Financial Officer and Treasurer Conference Call Participants Ross Seymore - Deutsche Bank Quinn Bolton - Needham & Company Kevin Cassidy - Rosenblatt Securities Jack Egan - Charter Equity Research Jon Tanwanteng - CJS Securities Richard Shannon - Craig-Hallum Operator Good afternoon. Thank you for standing by, and welcome to Navitas Semiconductor's Fourth Quarter 2024 Financial Results Conference Call.
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 $0.04 per share a year ago.
TORRANCE, Calif., Feb. 21, 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, has announced it will attend APEC 2025 and highlight the latest advances in GaN and SiC wide bandgap technologies for AI data center EV, and mobile applications.
Navitas Semiconductor's GaNFast and GeneSiC chips enhance device efficiency and longevity, positioning the company as a key player in fast charging and energy-efficient tech. Recent stock momentum and upcoming Q4 earnings report could signal a turnaround; key investor events may influence market perception. Strategic moves in AI data centers and EV sectors, including partnerships with Delta and LiteON, highlight Navitas' growth potential in energy efficiency.
NVTS' fourth-quarter results are expected to reflect revenue decline and margin pressure amid strong AI, mobile and EV demand.
TORRANCE, Calif., Feb. 13, 2025 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS), the industry leader in next-generation GaNFast™ gallium nitride (GaN) and GeneSiC™ silicon carbide (SiC) power semiconductors, is set to unveil a breakthrough in power conversion that will create a paradigm shift across multiple major end markets.