Navitas Semiconductor Corp

Navitas Semiconductor Corp. engages in the development of ultra-efficient gallium nitride (GaN) semiconductors. Its GaN power ICs integrate GaN power with drive, control and protection to enable charging, power density, and energy savings for mobile, consumer, enterprise, eMobility and new energy markets. The company was founded on August 12, 2020 and is headquartered in Torrance, CA.

Earnings data Q3 2021

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Navitas Semiconductor excels in Q4, eyes revenue doubling in 2023

Navitas Semiconductor delivered strong financial performance in Q4 and full-year 2022, positioning for continued growth in 2023.
Despite challenges in the mobile market and program delays, the company's strategic strengths and opportunities signal long-term potential.
Focus on diversification, innovation, and partnerships is key to navigating market dynamics and driving future success.
With a solid financial position, expanding market opportunities, and improving margins, Navitas is poised for sustained growth and competitiveness.

Navitas Semiconductor Corp surpasses Q1 expectations, eyes growth in EV and industrial markets

Navitas Semiconductor Corp delivered strong Q1 results, highlighted by exceeding guidance and strategic advancements in key markets. The company's focus on next-generation products like GaN and silicon carbide positions it for future success. While facing challenges in maintaining competitive positioning, Navitas has opportunities to leverage its technology in high-growth sectors.

Navitas Semiconductor posts stellar Q2 results, eyes growth opportunities

Navitas Semiconductor reported strong Q2 performance with revenue growth, margin improvement, and a growing customer pipeline, underpinning its market position and growth prospects.
While facing challenges such as margin moderation and cost pressures, the company remains well-positioned to leverage opportunities in electric vehicles, renewables, and mobile markets.
With a focus on innovation and capacity expansion, Navitas is poised to capitalize on the increasing demand for its GaN and silicon carbide technologies, driving future revenue growth and market penetration.

Navitas Semiconductor achieves record Q3 earnings, poised for growth

Navitas Semiconductor Corp delivered exceptional financial performance in Q3 2023, marked by record revenues, improved gross margins, and a strong growth outlook for 2023.
Despite facing challenges in certain market segments and product transitions, the company's strategic focus on new technologies and market diversification positions it well for future growth and industry leadership.
With a robust product portfolio, key partnerships, and a solid financial foundation, Navitas is poised to capitalize on market opportunities, drive innovation, and maintain its growth trajectory in the semiconductor industry.

Navitas Semiconductor excels in Q4 earnings, eyes growth opportunities

Navitas Semiconductor delivered impressive financial results in Q4 2023, surpassing revenue guidance and achieving significant annual revenue growth, with a positive outlook for 2024.
The company's strengths in key markets, innovative technologies, and strategic partnerships position it well for future growth, despite facing challenges in maintaining margins and meeting revenue projections.
With a focus on GaN and silicon carbide technologies, balanced revenue growth across end markets, and opportunities in emerging sectors, Navitas Semiconductor is poised for continued success and market expansion.

Navitas Semiconductor Corp reports stellar Q1 growth, eyes future profitability

Navitas Semiconductor Corp delivered robust Q1 results with substantial revenue growth attributed to GaN technology adoption. While facing challenges in operational losses and moderated growth expectations for 2024, the company remains optimistic about future revenue prospects and profitability milestones. Navitas is strategically positioned to capitalize on market opportunities and drive continued innovation in GaN technology applications.

Navitas Semiconductor reports robust Q2 growth across key markets

Navitas Semiconductor Corp delivered strong Q2 results, meeting revenue guidance and showcasing a 40% year-on-year increase. The company's focus on GaN and silicon carbide technologies is driving growth across key markets, including AI data centers, electric vehicles, and mobile fast charging.
Despite facing challenges in a competitive industry landscape and operational complexities, Navitas' technological leadership, strong customer relationships, and strategic design wins position it for continued success. The company's emphasis on efficiency and innovation bodes well for future growth and market expansion.
Navitas Semiconductor has a range of opportunities to capitalize on, from expanding in the AI data center and electric vehicle markets to diversifying revenue streams in appliance and industrial segments. By leveraging its strengths and addressing challenges effectively, Navitas is poised to sustain its revenue growth and market leadership.

Navitas Semiconductor Corp achieves record Q3 revenue amidst market challenges

Navitas Semiconductor Corp's Q3 performance reflects strong revenue growth and strategic advancements in key markets. While facing near-term challenges, the company is focused on optimizing costs and capitalizing on growth opportunities in mobile, EV, and AI data centers. With a clear market focus and strategic partnerships, Navitas is poised for future growth.

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Next-gen GaN and SiC power technology optimized for efficient, reliable industrial drives, pumps, chargers and power conversion Next-gen GaN and SiC power technology optimized for efficient, reliable industrial drives, pumps, chargers and power conversion

Navitas Highlights Leading-Edge, Next-gen Industrial Power at Munich Power Semiconductor User Forum 2023

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Profit from the Unknown: 3 Silent Market Movers to Watch Before They Boom

Navitas Semiconductor Corporation (NASDAQ:NVTS ) Q3 2023 Earnings Conference Call November 9, 2023 5:00 PM ET Company Participants Stephen Oliver - Vice President, Corporate Marketing & Investor Relations Gene Sheridan - Co-Founder, Chief Executive Officer, President & Chairman Ron Shelton - Senior Vice President, Chief Financial Officer & Treasurer Conference Call Participants Quinn Bolton - Needham & Company Jack Egan - Charter Equity Research Joe Moore - Morgan Stanley Jon Tanwanteng - CJS Securities Mark Lipacis - Jefferies Kevin Cassidy - Rosenblatt Securities Operator Good day, and welcome to Navitas Semiconductor Q3 2023 Earnings Call. All lines have been placed on mute to prevent any background noise.

Navitas Semiconductor Corporation (NVTS) Q3 2023 Earnings Call Transcript

From S22 to S23, next-gen GaNFast technology continues to replace legacy silicon power chips in ultra-portable, fast-charging mobile market From S22 to S23, next-gen GaNFast technology continues to replace legacy silicon power chips in ultra-portable, fast-charging mobile market

Navitas Wins Samsung Galaxy S23 Phone 25W Fast Charger Design

Comprehensive next-gen gallium nitride (GaN) and silicon carbide (SiC) semiconductor platforms deliver breakthrough performance in applications from 20 W to 20 MW Comprehensive next-gen gallium nitride (GaN) and silicon carbide (SiC) semiconductor platforms deliver breakthrough performance in applications from 20 W to 20 MW

Navitas Spotlights GaNSafe™: World's Most-Protected GaN Power Semiconductor, at Premier China Electronics Conference

Navitas brings a strong value proposition in the power semiconductor industry with its GaN integrated circuit, which brings speed, energy savings and efficiency and lower weight and size. The company is gaining traction outside of its initial mobile market, diversifying its revenue into data center, solar and EV, as well as home appliances and industrial markets. Navitas has a strong competitive advantage as it is the only producer of GaN integrated circuits and this advantage is protected by a solid patent portfolio.

Navitas Semiconductor: Clear GaN Technology Leader

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The Zacks Electronics - Semiconductors industry players, CRUS, SYNA and NVTS, are set to capitalize on the growing proliferation of AI, ML and consumer electronic devices.

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Navitas Semiconductor Corporation (NVTS) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

After Plunging -17.73% in 4 Weeks, Here's Why the Trend Might Reverse for Navitas Semiconductor Corporation (NVTS)

New Torrance HQ to host comprehensive review of technology, markets and customer pipeline, with financial outlook and site tours, Tuesday December 12th, 2023 New Torrance HQ to host comprehensive review of technology, markets and customer pipeline, with financial outlook and site tours, Tuesday December 12th, 2023

Navitas Announces Comprehensive Investor Day, 2023

In-depth technical papers extend the boundaries of silicon carbide (SiC) next-gen semiconductor performance across EV, data center, solar and appliance/industrial markets In-depth technical papers extend the boundaries of silicon carbide (SiC) next-gen semiconductor performance across EV, data center, solar and appliance/industrial markets

Navitas' SiC Experts Take Center Stage at ICSCRM 2023

Navitas has positioned itself for growth in the power chip market, particularly in electric vehicles and mobile devices. Navitas has found a niche, solidifying its role as a developer of chips designed on GaN. GaN growth potential is larger than SiC; GaN will exhibit a CAGR of 53.2%, ahead of SiC with a CAGR of 42.5%.

Navitas: GaN Will Grow Faster Than SiC So Buy The Pullback

Navitas Semiconductor Corporation is a pioneering company in next-generation power semiconductors, offering gallium nitride and silicon carbide semiconductors with potential to expand capacity. The company has a healthy balance sheet with no debt and a substantial net cash position of $171 million. Navitas is well-positioned to capture market leadership in GaN and SiC, with a broad portfolio of patents and over 75 million shipped devices already.

Navitas Semiconductor: Don't Miss Out The New Semiconductor Star

Next-gen, integrated GaN platform sets new, enabling industry benchmarks in efficiency, density & reliability for demanding applications Next-gen, integrated GaN platform sets new, enabling industry benchmarks in efficiency, density & reliability for demanding applications

Navitas GaNSafe™: World's Most Protected GaN Power Semiconductor Opens Multi-Billion Dollar Data Center, Solar and EV Opportunities

Next-gen platform expected to set new industry benchmarks in efficiency, density & reliability for data center, solar, EV, and appliance/industrial markets Next-gen platform expected to set new industry benchmarks in efficiency, density & reliability for data center, solar, EV, and appliance/industrial markets

Navitas To Reveal Major Breakthrough in Next-Gen Power Semiconductors at SEMICON Taiwan 2023

Executives to review drivers of $1B pipeline and record revenue, up 110% Executives to review drivers of $1B pipeline and record revenue, up 110%

CORRECTION -- Navitas Semiconductor to Participate in Upcoming Investor US & Asia Conferences

Navitas Semiconductor to Participate in Upcoming Investor US & Asia Conferences

Navitas Semiconductor Corporation (NASDAQ:NVTS ) Q2 2023 Earnings Conference Call August 14, 2023 5:00 PM ET Company Participants Stephen Oliver - VP, Corporate Marketing & IR Eugene Sheridan - Co-Founder, CEO, President & Chairman Ronald Shelton - SVP, CFO & Treasurer Conference Call Participants Nathaniel Bolton - Needham & Company Melissa Weathers - Deutsche Bank Kevin Cassidy - Rosenblatt Securities Blake Friedman - Bank of America Merrill Lynch Jack Egan - Charter Equity Research Natalia Winkler - Jefferies Shadi Mitwalli - Craig-Hallum Jonathan Tanwanteng - CJS Securities Operator Good day, and thank you for joining Navitas Semiconductor Second Quarter 2023 Earnings Call. I'd like to turn the call over to Stephen Oliver.

Navitas Semiconductor Corporation (NVTS) Q2 2023 Earnings Call Transcript

TORRANCE, Calif., Aug. 14, 2023 (GLOBE NEWSWIRE) -- Navitas Semiconductor Corporation (Nasdaq: NVTS), the industry leader in next-generation power semiconductors, today announced unaudited financial results for the second quarter ended June 30, 2023.

Navitas Semiconductor Announces Second Quarter 2023 Financial Results

TORRANCE, Calif., Aug. 09, 2023 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS), the industry leader in next-generation power semiconductors, has announced participation in a virtual Taiwan Investor Meeting, hosted by MESH.

Navitas “Electrify Our World™” with Next-Gen GaN & SiC Semiconductors at Taiwan Investor Meeting

New gallium nitride (GaN) integrated power ICs deliver high-speed, high-efficiency power in 40% smaller size than best-in-class, legacy silicon solutions for power-hungry AI and Edge computing. New gallium nitride (GaN) integrated power ICs deliver high-speed, high-efficiency power in 40% smaller size than best-in-class, legacy silicon solutions for power-hungry AI and Edge computing.

Navitas GaN CRPS185 3,200 W “Titanium Plus” Server Power Platform Drives the AI Revolution

TORRANCE, Calif., July 19, 2023 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS) today announced that it will report second quarter 2023 financial results after the market close on Monday, August 14th, 2023. Management will host a conference call and live webcast to present the company's financial results and answer questions from the financial analyst community at 2:00 p.m. Pacific / 5:00 p.m. Eastern that same evening.

Navitas Semiconductor to Report Q2 2023 Financial Results on Monday, August 14th, 2023

Executives to review $760M customer pipeline, recently completed $92M equity offering Executives to review $760M customer pipeline, recently completed $92M equity offering

Navitas Semiconductor to Participate in Upcoming CJS Securities Conference, White Plains, NY

Detailed simulation of next-gen GeneSiC silicon carbide (SiC) MOSFETs and MPS™ diodes delivers virtual prototyping for accurate system-level designs Detailed simulation of next-gen GeneSiC silicon carbide (SiC) MOSFETs and MPS™ diodes delivers virtual prototyping for accurate system-level designs

Navitas and Plexim Accelerate Time-to-Market with PLECS Models for Next-generation GeneSiC™ Power Semiconductors

Navitas Semiconductor has experienced significant sales growth and is investing in the growing electric vehicle market and power grid. The company is raising capital through share offerings and making strategic investments in manufacturing and product development. Despite potential risks such as technology obsolescence and supply chain disruptions, I considered Navitas stock a favorable investment for growth-oriented investors.

Navitas Semiconductor: The Future Looks Favorable In The Growing Market

Navitas has been on fire this year (over 150% returns YTD); we highlight why this is one of the most exciting stories in the semi universe. Despite high forward valuation multiples, Navitas' expected revenue growth of 95% over the next three years comfortably outpaces competitors in the GaN and SiC markets. Investors should be cautious of potential risks, including the dilution effect, long sales cycles, and its elevated exposure to China.

News for Navitas Semiconductor Corp Stock (NVTS)