Investing.com - Navitas Semiconductor (NASDAQ: NVTS) reported third quarter EPS of $-0.060, in line with the analyst estimate of $-0.060. Revenue for the quarter came in at $21.7M versus the consensus estimate of $21.93M.
Guidance
Navitas Semiconductor sees Q4 2024 revenue of $18.000M-$20.000M versus the analyst consensus of $23.990M.
Navitas Semiconductor's stock price closed at $2.62. It is down -16.290% in the last 3 months and down -57.700% in the last 12 months.
Navitas Semiconductor saw 0 positive EPS revisions and 8 negative EPS revisions in the last 90 days. See Navitas Semiconductor's stock price’s past reactions to earnings here.
According to InvestingPro, Navitas Semiconductor's Financial Health score is "fair performance".
Check out Navitas Semiconductor's recent earnings performance, and Navitas Semiconductor's financials here.
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