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Navitas Semiconductor (NASDAQ:NVTS) reported its Q4 earnings results on Thursday, February 29, 2024 at 04:05 PM.
Here's what investors need to know about the announcement.
Navitas Semiconductor beat estimated earnings by 20.0%, reporting an EPS of $-0.04 versus an estimate of $-0.05.
Revenue was up $13.71 million from the same period last year.
Last quarter the company beat on EPS by $0.01 which was followed by a 10.0% increase in the share price the next day.
Here's a look at Navitas Semiconductor's past performance:
Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
---|---|---|---|---|
EPS Estimate | -0.05 | -0.07 | -0.08 | -0.08 |
EPS Actual | -0.04 | -0.05 | -0.07 | -0.06 |
Revenue Estimate | 21.00M | 16.50M | 12.30M | 12.00M |
Revenue Actual | 21.98M | 18.06M | 13.36M | 12.35M |
To track all earnings releases for Navitas Semiconductor visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Posted In: NVTS