Navitas Semiconductor Announces Record Fourth Quarter and Full Year 2023 Financial Results
Navitas Semiconductor Corporation (NVTS)
Company Research
Source: GlobeNewswire
Posts Q4 revenue of $26 million, up 111% year over year and 19% sequentiallyDelivers $79.5 million full year revenue, up 109% from prior year Significant new wins in AI data centers, home appliances, solar inverters and internet satellite drive growth outlook for 2024 TORRANCE, Calif., Feb. 29, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor Corporation (Nasdaq: NVTS), the industry leader in next-generation power semiconductors, today announced unaudited financial results for the fourth quarter and full year ended December 31, 2023. “I am pleased to announce a record fourth quarter that caps off a year of more than doubling revenue for Navitas as we demonstrated strength across multiple markets,” said Gene Sheridan, CEO and co-founder. “While we are not immune to first half 2024 market headwinds, we see revenue growth accelerating in the second half based on our strong customer pipeline including major new wins in AI data centers, home appliances, solar inverters and a major sa
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- Navitas Highlights EV High-speed Hybrid Power Semiconductor Advances in China Innovation Summit KeynoteGlobeNewswire
- Navitas Semiconductor to Report Q1 2024 Financial Results on Thursday, May 9th, 2024 [Yahoo! Finance]Yahoo! Finance
- Navitas Semiconductor to Report Q1 2024 Financial Results on Thursday, May 9th, 2024GlobeNewswire
NVTS
Earnings
- 2/29/24 - Beat
NVTS
Sec Filings
- 4/26/24 - Form DEFA14A
- 4/26/24 - Form DEF
- 4/3/24 - Form 144
- NVTS's page on the SEC website