Navitas Semiconductor Corp

NASDAQ:NVTS  
7.99
+0.50 (+6.68%)
Other Pre-Announcement

Navitas Semiconductor Reports Q1 GAAP EPS Of $0.61

Published: 05/12/2022 20:27 GMT
Navitas Semiconductor Corp (NVTS) - Q1 GAAP Earnings per Share $0.61.
Sees Q2 Revenue $8.0 Million to $9.0 Million.
Q1 Revenue Rose 27 Percent to $6.7 Million.
Q1 Non-GAAP Loss per Share $0.08.
Full-year 2022 Net Revenues Are Expected to Double Compared to 2021.
Navitas - Q2 Guidance Factors in Some Short-term Impact From China Covid-related Shutdown Softness in Supply Chain, in Demand for Smartphones.
Q1 Earnings per Share View $-0.08, Revenue View $6.5 Million -- Refinitiv Ibes Data (analyst estimates).
Q2 Revenue View $9.5 Million -- Refinitiv Ibes Data (analyst estimates).