Brief: Navitas Semiconductor Announces Third Quarter 2022 Financial Results

Navitas Semiconductor

09/11/2022 21:22

Navitas Semiconductor Corp  NVTS.O :
    * NAVITAS SEMICONDUCTOR ANNOUNCES THIRD QUARTER 2022
FINANCIAL
RESULTS
    * Q3 GAAP LOSS PER SHARE $0.24
    * QTRLY NET REVENUES INCREASED TO $10.2 MILLION, UP 82% FROM
THE
THIRD QUARTER OF 2021
    * QTRLY GAAP LOSS PER DILUTED SHARE $0.24
    * NON-GAAP NET LOSS FOR Q3 WAS $0.07 PER SHARE
    * FOURTH QUARTER 2022 NET REVENUES ARE EXPECTED TO BE
BETWEEN
$11.0 AND $13.0 MILLION
    * Q3 EARNINGS PER SHARE VIEW $-0.07, REVENUE VIEW $9.9
MILLION --
REFINITIV IBES DATA
    * Q4 REVENUE VIEW $14.1 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNXbBtbQf 
Further company coverage:  NVTS.O