Navitas Semiconductor Q1 2024 Adj EPS $(0.06) Misses $(0.05) Estimate, Sales $23.175M Beat $22.929M Estimate
Author: Benzinga Newsdesk | May 09, 2024 04:23pm
Navitas Semiconductor (NASDAQ:
NVTS) reported quarterly losses of $(0.06) per share which missed the analyst consensus estimate of $(0.05) by 20 percent. This is a 14.29 percent increase over losses of $(0.07) per share from the same period last year. The company reported quarterly sales of $23.175 million which beat the analyst consensus estimate of $22.929 million by 1.07 percent. This is a 73.49 percent increase over sales of $13.358 million the same period last year.
Posted In: NVTS