Navitas Semiconductor, Industry-Leader in Gallium Nitride (GaN) Power ICs, Announces First Quarter 2022 Financial Results
Navitas Semiconductor Corporation (NVTS)
Company Research
Source: GlobeNewswire
First GaN power company to ship over 50 million units; leads fast & ultra-fast charger marketNew strategic customers include Samsung, vivo and MotorolaFirst semiconductor company certified CarbonNeutral™ EL SEGUNDO, Calif., May 12, 2022 (GLOBE NEWSWIRE) -- Navitas Semiconductor Corporation (Nasdaq: NVTS), the industry leader in GaN Power ICs, today announced unaudited financial results for the first quarter ended March 31, 2022.Net revenues for the quarter increased to $6.7 million, up 27% from the first quarter of 2021. GAAP gross margin for the quarter was 44.0%. GAAP loss from operations for the quarter was $35.0 million, compared to a loss of $7.3 million in Q1 2021. On a non-GAAP basis, loss from operations for the quarter was $9.6 million, compared to $5.3 million in Q1 2021. GAAP earnings per diluted share were $0.61, compared to a GAAP loss of $0.37 per share in the first quarter of 2021, while non-GAAP net loss for the quarter was $0.08 per share compared to a net loss of
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- 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