Navitas Semiconductor Corporation (NVTS) Tops Q2 EPS by 2c

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Navitas Semiconductor Announces Second Quarter 2023 Financial Results

August 14, 2023 4:03 PM EDT

Revenue up 110% from prior year, and up 35% from prior quarter.Customer pipeline increased 30% to over $1 billion, with growth across all markets.Cumulative shipments now exceed 100 million GaN and 12 million SiC devices.

TORRANCE, Calif., Aug. 14, 2023 (GLOBE NEWSWIRE) -- Navitas Semiconductor Corporation (Nasdaq: NVTS), the industry leader in next-generation power semiconductors, today announced unaudited financial... More