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

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

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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Navitas Semiconductor Corporation (NASDAQ:NVTS ) Q4 2022 Earnings Conference Call February 23, 2023 5:00 PM ET Company Participants Stephen Oliver – Vice President-Corporate Marketing and Investor Relations Gene Sheridan – Chairman, President, Chief Executive Officer and Co-Founder Ron Shelton – Chief Financial Officer and Treasurer Conference Call Participants Ross Seymore – Deutsche Bank Blake Friedman – Bank of America McClain Culver – Rosenblatt Securities Trevor Janoski – Needham Dick Gould – Gould Tactical Growth Sam Peterman – Craig-Hallum Ross Kesselman – CJS Securities Natalia Winkler – Jefferies Operator Thank you for holding. And welcome everyone to the Navitas Semiconductor Fourth Quarter 2022 Earnings Call.

Navitas Semiconductor Corporation (NVTS) Q4 2022 Earnings Call Transcript

TORRANCE, Calif., Feb. 23, 2023 (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 year ended December 31, 2022.

Navitas Semiconductor Announces Fourth Quarter and Full Year 2022 Financial Results

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TORRANCE, Calif., Feb. 06, 2023 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS) today announced that it will report fourth quarter and full year 2022 financial results after the market close on Thursday, February 23, 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 Q4 and Full Year 2022 Financial Results on Thursday, February 23rd, 2023

Navitas to showcase how next-gen GaN and SiC power semis address a diverse $22B/yr market, with an exciting, informative in-person experience Navitas to showcase how next-gen GaN and SiC power semis address a diverse $22B/yr market, with an exciting, informative in-person experience

“Welcome to Planet Navitas!” at Premier Power Electronics Conference, APEC 2023

Proprietary GaN-IC technology integrates two GaN FETs with drive, control, sensing, autonomous protection, and level-shift isolation to create a fundamental power-stage building block for power electronics Proprietary GaN-IC technology integrates two GaN FETs with drive, control, sensing, autonomous protection, and level-shift isolation to create a fundamental power-stage building block for power electronics

Navitas GaNSense™ Half-Bridge Power ICs Win Power Product of the Year

Navitas' GeneSiC silicon carbide (SiC) MOSFETs simplify design, expand market size for 4.6 kW KATEK solar inverters Navitas' GeneSiC silicon carbide (SiC) MOSFETs simplify design, expand market size for 4.6 kW KATEK solar inverters

Navitas and KATEK Accelerate Solar Adoption with Higher Efficiency and Lower Costs

Strategic silicon control IC capability expected to accelerate next-generation GaN and SiC share gains vs. legacy silicon power devices across a broad range of markets Strategic silicon control IC capability expected to accelerate next-generation GaN and SiC share gains vs. legacy silicon power devices across a broad range of markets

Navitas to Acquire Silicon Control IC Company

Leading-edge gallium nitride (GaN) and silicon carbide (SiC) technologies rapidly taking share from legacy silicon chips in $22B/yr market opportunity Leading-edge gallium nitride (GaN) and silicon carbide (SiC) technologies rapidly taking share from legacy silicon chips in $22B/yr market opportunity

Navitas: “Electrify Our World™” at 25th Annual Needham Growth Conference, New York

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Navitas recently ranked 75th fastest-growing company in North America on the 2022 Deloitte Technology Fast 500™, continued growth advances mission to “Electrify Our World™” Navitas recently ranked 75th fastest-growing company in North America on the 2022 Deloitte Technology Fast 500™, continued growth advances mission to “Electrify Our World™”

Navitas to Participate in China Renaissance, Fubon Securities, and CICC Investor Meetings

High-speed GaNFast™ ICs enable high-power 210 W charger to achieve 1-100% in just 9 minutes High-speed GaNFast™ ICs enable high-power 210 W charger to achieve 1-100% in just 9 minutes

Navitas Drives Xiaomi Redmi Note 12 Explorer at 210 W, New Ultra-Fast Charging Record

Navitas Presents Pure-Play, Next-Gen Semiconductors at Taiwan Investor Meeting

Navitas to Participate in Wells Fargo, Barclays Investor Conferences

GaNSense™ half-bridge ICs enable highest efficiency and most compact designs for motor drive systems, while GeneSiC™ MOSFETs drives high-power system innovation GaNSense™ half-bridge ICs enable highest efficiency and most compact designs for motor drive systems, while GeneSiC™ MOSFETs drives high-power system innovation

Navitas Leads SiC and GaN Technology at Bodo's Wide Bandgap Event

Three-year revenue growth of 2,300% for next-generation integrated gallium nitride (GaN) ICs that drive up to 3x more power, or 3x faster charging in half the size and weight vs. legacy silicon chips Three-year revenue growth of 2,300% for next-generation integrated gallium nitride (GaN) ICs that drive up to 3x more power, or 3x faster charging in half the size and weight vs. legacy silicon chips

Navitas Ranks in Top 75 of Fastest-Growing Companies in North America on the 2022 Deloitte Technology Fast 500™

Embedded Computing Design awards Navitas for design excellence and market impact at world's largest power electronics trade fair Embedded Computing Design awards Navitas for design excellence and market impact at world's largest power electronics trade fair

Navitas GaNSense™ Half-Bridge Power ICs ‘Best-in-Show' at electronica 2022

Next-gen gallium nitride (GaN) ICs fast-charge from 1-50% in only 7 minutes Next-gen gallium nitride (GaN) ICs fast-charge from 1-50% in only 7 minutes

Navitas Powers Motorola X30 Pro with New 125 W GaNFast™ Ultra-fast Charger

Cooperation will bring significant advantages to next-generation systems using power-efficient gallium-nitride (GaN) technology across a spectrum of applications Cooperation will bring significant advantages to next-generation systems using power-efficient gallium-nitride (GaN) technology across a spectrum of applications

Navitas Semiconductor and Avnet Silica announce agreement for close collaboration to expand market for advanced GaN power ICs

Navitas Semiconductor Corporation (NASDAQ:NVTS ) Q3 2022 Earnings Conference Call November 9, 2022 5:00 PM ET Company Participants Stephen Oliver - Vice President of Corporate Marketing and Investor Relations Gene Sheridan - Chairman, President, CEO and Co-Founder Ron Shelton - CFO and Treasurer Conference Call Participants Kevin Cassidy - Rosenblatt Securities Ross Seymore - Deutsche Bank Blake Friedman - Bank of America Jon Tanwanteng - CJS Securities Trevor Janoski - Needham Tristan Gerra - Baird Operator Hello and thank you for standing by. My name is Regina and I will be your conference operator today.

Navitas Semiconductor Corporation (NVTS) Q3 2022 Earnings Call Transcript

Navitas Semiconductor Corporation (NVTS) delivered earnings and revenue surprises of 0% and 2.70%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Navitas Semiconductor Corporation (NVTS) Reports Q3 Loss, Tops Revenue Estimates

The industry that NVTS is operating in has a huge TAM. NVTS has a leading proprietary technology to disrupt the industry.

Navitas Semiconductor: Disrupting The Legacy Semicon Industry

New lab accelerates development of advanced EV high-voltage applications using Navitas' GaNFast™ and GeneSiC™ power semiconductors New lab accelerates development of advanced EV high-voltage applications using Navitas' GaNFast™ and GeneSiC™ power semiconductors

Navitas and VREMT Open Joint R&D Lab for Next-Gen EV Power Systems and Semiconductors

TORRANCE, Calif., Nov. 01, 2022 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS), the pure-play, industry leader in next-generation power semiconductors, today announced that it will report third quarter 2022 financial results after the market close on Wednesday, November 9th, 2022. 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 Q3 2022 Financial Results on Wednesday, November 9th

GaNFast™ and GeneSiC™ technologies deliver faster charging, energy savings, and lower system costs than legacy silicon chips GaNFast™ and GeneSiC™ technologies deliver faster charging, energy savings, and lower system costs than legacy silicon chips

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