Navitas Semiconductor Corporation (NVTS) Reports In-Line Q4 EPS, Misses on Revenue

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Navitas Semiconductor Announces Fourth Quarter and Full Year 2024 Financial Results

February 24, 2025 4:03 PM EST

GaN revenue up over 50% to record highDesign-wins of $450 million with highest growth rates in Data Center and EVStrong balance sheet and continued expense management to accelerate profitability

TORRANCE, Calif., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS), the only pure-play, next-generation power semiconductor company and industry leader in gallium nitride (GaN)... More