NVTS - Earnings announcements

Revenue grew 18% sequentially with expanded gross margin, driven by increased contribution from high-power markets, including AI Data Centers, Grid and Energy Infrastructure, Performance Computing and Industrial ElectrificationHigh-power markets represented a large majority of total revenue, growing approximately 35% year-over-yearAppointed Tonya Stevens as CFO to lead financial strategy and drive achievement of key targets, including profitable growth, scaling of high-power business and operational excellenceAnticipates continued sequential growth in the second quarter and throughout remainder of 2026, driven by high-power markets TORRANCE, Calif., May 05, 2026 (GLOBE NEWSWIRE) --

TORRANCE, Calif., April 16, 2026 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS) today announced that it will report first quarter 2026 financial results on Tuesday, May 5, 2026, after the market close. Navitas' President and CEO, Chris Allexandre, and CFO, Tonya Stevens, will host a conference call at 2:00 p.m. Pacific Time to discuss the Company's financial results and business outlook. Analysts and investors are invited to join the conference call using the following information: When: Tuesday, May 5, 2026Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)Toll Free Dial-in: 1-800-715-9871 or 646-307-1963Conference ID: 5910273Webcast and Slides: Click Here Additionally, a

Accelerating strategic pivot to Navitas 2.0 with focus on GaN and high-voltage SiC solutions targeting high growth, high-power markets (AI Data Centers, Grid and Energy Infrastructure, Performance Computing and Industrial Electrification) totaling $3.5 billion serviceable available market (SAM) in 2030High-power markets represented majority of quarterly revenue for the first time in the Company's history with mobile declining to less than 25%Anticipates a return to top-line sequential growth beginning in the first quarter and throughout 2026 driven by high-power markets TORRANCE, Calif., Feb. 24, 2026 (GLOBE NEWSWIRE) -- Navitas Semiconductor, (NASDAQ:NVTS), an industry leader in next-g

TORRANCE, Calif., Jan. 28, 2026 (GLOBE NEWSWIRE) -- Navitas Semiconductor, (NASDAQ:NVTS) today announced that it will report fourth quarter and full year 2025 financial results on Tuesday, February 24, 2026, after the market close. Navitas' President and CEO, Chris Allexandre, and CFO, Todd Glickman, will host a conference call at 2:00 p.m. Pacific Time to discuss the Company's financial results and business outlook. Analysts and investors are invited to join the conference call using the following information: When: Tuesday, February 24, 2026Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)Toll Free Dial-in: 1-800-715-9871 or 1-646-307-1963Conference ID: 4101022Webcast and Slides:

Navitas 2.0 - strategic pivot to high-power markets with GaN and high-voltage SiCKey market focus on AI data center, performance computing, energy & grid infrastructure and industrial electrificationDecisive actions and reallocation of resources to those high-growth, higher-margin markets TORRANCE, Calif., Nov. 03, 2025 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS), the industry leader in next-generation GaNFast™ gallium nitride (GaN) and GeneSiC™ high-voltage silicon carbide (SiC) power semiconductors, today announced unaudited financial results for the third quarter ended September 30, 2025. "I'm excited to be leading the Navitas 2.0 team at this pivotal moment, as demand acc

TORRANCE, Calif., Oct. 07, 2025 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS) today announced that it will report third quarter 2025 financial results after the market close on Monday, November 3rd, 2025. Management will host a conference call and live webcast to present the company's financial results and answer questions from the financial analyst community at 2:00 p.m. Pacific / 5:00 p.m. Eastern that same evening. Navitas Q3 2025 Financial Results Conference Call and Webcast Information:When: Monday, November 3, 2025Time: 2:00 p.m. Pacific / 5:00 p.m. EasternToll Free Dial-in: (800) 715-9871 or (646) 307-1963, Conference ID: 1531951Live Webcast: https://edge.media-server.com

Delivered revenue of $14.5 millionAnnouncing increased focus on AI data centers and energy infrastructure built on strategic partnerships with ecosystem leaders, $100 million capital raise, and a new lower-cost manufacturing partner TORRANCE, Calif., Aug. 04, 2025 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS), the only pure-play, next-generation power semiconductor company and industry leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology, today announced unaudited financial results for the second quarter ended June 30, 2025. "Despite industry-wide headwinds, I am pleased with our teams' Q2 performance," said Gene Sheridan, CEO and c

TORRANCE, Calif., July 21, 2025 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS) today announced that it will report second quarter 2025 financial results after the market close on Monday, August 4th, 2025. Management will host a conference call and live webcast to present the company's financial results and answer questions from the financial analyst community at 2:00 p.m. Pacific / 5:00 p.m. Eastern that same evening. Navitas Q2 2025 Financial Results Conference Call and Webcast Information:When: Monday, August 4, 2025Time: 2:00 p.m. Pacific / 5:00 p.m. EasternToll Free Dial-in: (888) 596-4144 or (646) 968-2525, Conference ID: 8274952Live Webcast: https://edge.media-server.co

GaN expected production ramp in new mainstream markets in AI data centers, solar micro-inverters and EV over next 12 monthsGaN sets industry benchmark with over 250M shipped and 100ppb field reliabilitySiC sets industry benchmark with reliability exceeding AEC standards and ultra-high voltage 2.3kV to 6.5V, with expansion into commercial EVs TORRANCE, Calif., May 05, 2025 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS), the only pure-play, next-generation power semiconductor company and industry leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology, today announced unaudited financial results for the first quarter ended March 31, 2025. "Our first quarter

TORRANCE, Calif., April 21, 2025 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS) today announced that it will report first quarter 2025 financial results after the market close on Monday, May 5th, 2025. Management will host a conference call and live webcast to present the company's financial results and answer questions from the financial analyst community at 2:00 p.m. Pacific / 5:00 p.m. Eastern that same evening. Navitas Q1 2025 Financial Results Conference Call and Webcast Information:When: Monday, May 5, 2025Time: 2:00 p.m. Pacific / 5:00 p.m. EasternToll Free Dial-in: (888) 596-4144 or (646) 968-2525, Conference ID: 2033529Live Webcast: https://edge.media-server.com/mmc/p/tz

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) power ICs and silicon carbide (SiC) technology, today announced unaudited financial results for the fourth quarter and full year ended December 31, 2024. "I am proud of our team's efforts to deliver growth in 2024, despite significant headwinds with an industry-wide slow-down in some major markets," sa

TORRANCE, Calif., Feb. 11, 2025 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS) today announced that it will report fourth quarter and full year 2024 financial results after the market close on Monday, February 24th, 2025. Management will host a conference call and live webcast to present the company's financial results and answer questions from the financial analyst community at 2:00 p.m. Pacific / 5:00 p.m. Eastern that same evening. Navitas Q4 and Full Year 2024 Financial Results Conference Call and Webcast Information:When: Monday, February 24, 2025Time: 2:00 p.m. Pacific / 5:00 p.m. EasternToll Free Dial-in: (800) 715-9871 or (646) 307-1963, Conference ID: 9791990Live Webcast

Record sales in GaN mobile fast-charger marketNew, low-voltage GaN technology enters 48V AI data center, EV and robotics marketsStrategic partnership with Infineon Technologies enables customer dual sourcingStreamlined market focus and cost structure improve path to profitability TORRANCE, Calif., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS) the only pure-play, next-generation power semiconductor company and industry leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology,  today announced unaudited financial results for the third quarter ended September 30, 2024.  "I'm pleased to announce record sales in the mobile fast-charger market

TORRANCE, Calif., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS) today announced that it will report third quarter 2024 financial results after the market close on Monday, November 4th, 2024. Management will host a conference call and live webcast to present the company's financial results and answer questions from the financial analyst community at 2:00 p.m. Pacific / 5:00 p.m. Eastern that same evening. Navitas Q3 2024 Financial Results Conference Call and Webcast Information:When: Monday, November 4, 2024Time: 2:00 p.m. Pacific / 5:00 p.m. EasternToll Free Dial-in: (800) 715-9871 or (646) 307-1963, Conference ID: 2158932Live Webcast: https://edge.media-server.com

Q2 revenue and gross margin at higher end of guidanceFirst-half revenue up nearly 40% year-on-yearImportant AI data center advances in power systems roadmap to support Hopper, Blackwell, Blackwell Ultra and Rubin processor platforms TORRANCE, Calif., Aug. 05, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS), the industry leader in next-generation power semiconductors, today announced unaudited financial results for the second quarter ended June 30, 2024. "We are pleased with our Q2 results at the high end of our guidance, major new design wins, and significant technology advances and launches," said Gene Sheridan, CEO and co-founder. "Our leading- edge technology is fueling r

TORRANCE, Calif., July 23, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS) today announced that it will report second quarter 2024 financial results after the market close on Monday, August 5th, 2024. Management will host a conference call and live webcast to present the company's financial results and answer questions from the financial analyst community at 2:00 p.m. Pacific / 5:00 p.m. Eastern that same evening. Navitas Q2 2024 Financial Results Conference Call and Webcast Information:When: Monday, August 5, 2024Time: 2:00 p.m. Pacific / 5:00 p.m. EasternToll Free Dial-in: (800) 715-9871 or (646) 307-1963, Conference ID: 6394013Live Webcast: https://edge.media-server.co

Q1 revenue up 73% year-on-year, driven by continued GaN adoption in mobile fast chargers and AI-based data centers, and SiC sales in EV, solar and industrial applications.New GaNSlim™ technology expected to advance GaN-based systems' integration, ease-of-use, time-to-market, and manufacturability, which enable lower system costs compared to silicon-based solutions.   TORRANCE, Calif., May 09, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS), the industry leader in next-generation power semiconductors, today announced unaudited financial results for the first quarter ended March 31, 2024. "I am very pleased with our first quarter revenue growth of over 70% from the prior year,

TORRANCE, Calif., April 24, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS), the only pure-play, next-generation power semiconductor company and industry leader in GaN power ICs and SiC technology, today announced that it will report first quarter 2024 financial results after the market close on Thursday, May 9th, 2024. Management will host a conference call and live webcast to present the company's financial results and answer questions from the financial analyst community at 2:00 p.m. Pacific / 5:00 p.m. Eastern that same evening. Navitas Q1 2024 Financial Results Conference Call and Webcast Information:When: Thursday, May 9th, 2024Time: 2:00 p.m. Pacific / 5:00 p.m. East

Posts Q4 revenue of $26 million, up 111% year over year and 19% sequentiallyDelivers $79.5 million full year revenue, up 109% from prior year Significant new wins in AI data centers, home appliances, solar inverters and internet satellite drive growth outlook for 2024 TORRANCE, Calif., Feb. 29, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor Corporation (NASDAQ:NVTS), the industry leader in next-generation power semiconductors, today announced unaudited financial results for the fourth quarter and full year ended December 31, 2023. "I am pleased to announce a record fourth quarter that caps off a year of more than doubling revenue for Navitas as we demonstrated strength across multipl

TORRANCE, Calif., Feb. 01, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS) today announced that it will report fourth quarter and full year 2023 financial results after the market close on Thursday, February 29th, 2024. Management will host a conference call and live webcast to present the company's financial results and answer questions from the financial analyst community at 2:00 p.m. Pacific / 5:00 p.m. Eastern that same evening. Navitas Q4 and Full Year 2023 Financial Results Conference Call and Webcast Information:When: Thursday, February 29th, 2024Time: 2:00 p.m. Pacific / 5:00 p.m. EasternToll Free Dial-in: (800) 715-9871 or (646) 307-1963, Conference ID: 6680139Live

Revenue grows 115% year-over-year, 22% sequentially.Launching four new technology platforms. GaN and SiC continue rapid displacement of legacy silicon power chips. TORRANCE, Calif., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Navitas Semiconductor Corporation (NASDAQ:NVTS), the industry leader in next-generation power semiconductors, today announced unaudited financial results for the third quarter ended September 30, 2023. "I am pleased to announce another record quarter for Navitas as our gallium nitride and silicon carbide technologies continue to displace legacy power silicon in traditional markets and enable and accelerate new energy markets," said Gene Sheridan, CEO and co-founder. "

TORRANCE, Calif., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS) today announced that it will report third quarter 2023 financial results after the market close on Thursday, November 9th, 2023. Management will host a conference call and live webcast to present the company's financial results and answer questions from the financial analyst community at 2:00 p.m. Pacific / 5:00 p.m. Eastern that same evening. Navitas Q3 2023 Financial Results Conference Call and Webcast Information:When: Thursday, November 9th, 2023Time: 2:00 p.m. Pacific / 5:00 p.m. EasternToll Free Dial-in: (800) 715-9871 or (646) 307-1963, Conference ID: 5349784Live Webcast: https://edge.media-serv

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 results for the second quarter ended June 30, 2023. "Navitas was founded with the mission to ‘Electrify Our World' as we accelerate the planet's transition from fossil-fuels to renewable energy sources and clean-energy applications," said Gene Sheridan, CEO and co-founder. "A

TORRANCE, Calif., July 19, 2023 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS) today announced that it will report second quarter 2023 financial results after the market close on Monday, August 14th, 2023. Management will host a conference call and live webcast to present the company's financial results and answer questions from the financial analyst community at 2:00 p.m. Pacific / 5:00 p.m. Eastern that same evening. Navitas Q2 2023 Financial Results Conference Call and Webcast Information: When: Monday, August 14th, 2023Time: 2:00 p.m. Pacific / 5:00 p.m. EasternToll Free Dial-in: (800) 715-9871 or (646) 307-1963, Conference ID: 6930423Live Webcast: https://edge.media-server.

Doubling of revenue from prior year with expanding gross marginsStrong growth in all target markets with 50% backlog growth in the quarterAcquisitions performing well, contributing to diversified and synergistic growth TORRANCE, Calif., May 15, 2023 (GLOBE NEWSWIRE) -- Navitas Semiconductor Corporation (NASDAQ:NVTS), the industry leader in next-generation power semiconductors, today announced unaudited financial results for the first quarter ended March 31, 2023. Net revenues for the first quarter of 2023 increased to $13.4 million, approximately double from the first quarter of 2022 and up 8% from the fourth quarter of 2022. GAAP and non-GAAP gross margin for the first quarter of 2023 i

TORRANCE, Calif., May 01, 2023 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS) today announced that it will report first quarter 2023 financial results after the market close on Monday, May 15th, 2023. Management will host a conference call and live webcast to present the company's financial results and answer questions from the financial analyst community at 2:00 p.m. Pacific / 5:00 p.m. Eastern that same evening. Navitas Q1 2023 Financial Results Conference Call and Webcast Information:When: Monday, May 15th, 2023Time: 2:00 p.m. Pacific / 5:00 p.m. EasternToll Free Dial-in: (800) 715-9871 or (646) 307-1963, Conference ID: 9956680 Live Webcast: https://edge.media-server.com/mmc/p

TORRANCE, Calif., Feb. 06, 2023 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS) today announced that it will report fourth quarter and full year 2022 financial results after the market close on Thursday, February 23, 2023. Management will host a conference call and live webcast to present the company's financial results and answer questions from the financial analyst community at 2:00 p.m. Pacific / 5:00 p.m. Eastern that same evening. Navitas Q4 and Full Year 2022 Financial Results Conference Call and Webcast Information:When: Thursday, February 23, 2023Time: 2:00 p.m. Pacific / 5:00 p.m. EasternToll Free Dial-in: (800) 715-9871 or (646) 307-1963, Conference ID: 1896349 Live We

TORRANCE, Calif., Nov. 01, 2022 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS), the pure-play, industry leader in next-generation power semiconductors, today announced that it will report third quarter 2022 financial results after the market close on Wednesday, November 9th, 2022. Management will host a conference call and live webcast to present the company's financial results and answer questions from the financial analyst community at 2:00 p.m. Pacific / 5:00 p.m. Eastern that same evening. Gallium nitride (GaN) and silicon carbide (SiC) are new, advanced technologies that are rapidly replacing legacy silicon chips, with an aggregate market opportunity estimated at over $22 bi

EL SEGUNDO, Calif., Aug. 15, 2022 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS), the industry leader in gallium nitride (GaN) power ICs, today announced the acquisition of GeneSiC Semiconductor, a silicon carbide (SiC) pioneer with deep expertise in SiC power device design and process. The transaction is immediately accretive to Navitas as GeneSiC is highly profitable, with more than 25% EBITDA margins. Calendar 2022 revenues are expected to be approximately $25 million with demonstrated annual growth rates of over 60%. The combined company creates a comprehensive, industry-leading technology portfolio in next-generation power semiconductors - both GaN and SiC – with an aggregate

EL SEGUNDO, Calif., Aug. 09, 2022 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS), the industry-leader in gallium nitride (GaN) power ICs, today announced that it will report second quarter 2022 financial results after the market close on Monday, August 15th, 2022. Management will host a conference call and live webcast to present the company's financial results and answer questions from the financial analyst community at 2:00 p.m. Pacific / 5:00 p.m. Eastern that same evening. GaN is a next-generation semiconductor technology that runs up to 20x faster than legacy silicon (Si) chips, and enables up to 3x more power or 3x faster charging in half the size & weight and with up to 20

EL SEGUNDO, Calif., May 02, 2022 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS), the industry-leader in gallium nitride (GaN) power ICs, today announced that it will report first quarter 2022 financial results after the market close on Thursday, May 12th, 2022. Management will host a conference call and live webcast to present the company's financial results and answer questions from the financial-analyst community at 2:00 p.m. Pacific / 5:00 p.m. Eastern that same evening. GaN is a next-generation semiconductor technology that runs up to 20x faster than legacy silicon (Si) chips, and enables up to 3x more power or 3x faster charging with up to 40% energy savings in half the size

EL SEGUNDO, Calif., Jan. 21, 2022 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS) today announced that it will report fourth quarter and full year 2021 financial results after the market close on Tuesday, February 15th, 2022. Management will host a conference call and live webcast to present the company's financial results and answer questions from the financial analyst community at 2:00 p.m. Pacific / 5:00 p.m. Eastern that same evening. Navitas Q4 2021 Financial Results Conference Call and Webcast Information:When: Tuesday, February 15th, 2022Time: 2:00 p.m. Pacific / 5:00 p.m. EasternToll Free Dial-in: (844) 309-9880, Conference ID: 2145189 Live Webcast: https://edge.media-serv

EL SEGUNDO, Calif., Oct. 26, 2021 /PRNewswire/ -- Navitas Semiconductor (NASDAQ:NVTS) today announced that it will report third quarter 2021 financial results after the market close on Tuesday, November 9, 2021. Management will host a conference call and live webcast to present the Company's financial results and answer questions from the financial analyst community at 2:00 p.m. Pacific / 5:00 p.m. Eastern that same evening. Navitas Q3 2021 Financial Results Conference Call and Webcast Information:When: Tuesday, November 9th, 2021Time: 2:00 p.m. Pacific / 5:00 p.m. EasternToll