Navitas Semiconductor Corp expected to post a loss of 6 cents a share - Earnings Preview

Navitas Semiconductor

02/05/2025 23:56

Navitas Semiconductor Corp NVTS.OQ NVTS.O is expected to show a fall in quarterly revenue when it reports  results on May 5 for the period ending March 31 2025

The Torrance California-based  company is expected to report a 39.6% decrease in revenue to $13.994 million from $23.18 million a year ago, according to the mean estimate from 8 analysts, based on LSEG data.

​LSEG's mean analyst estimate for Navitas Semiconductor Corp is for a loss of 6 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 2 "hold" and 1 "sell" or "strong sell."

The mean earnings estimate of analysts was unchanged in the last three months. ​

Wall Street's median 12-month price target for Navitas Semiconductor Corp is $4.00​, above​ its last closing price of $1.91. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
-0.06
-0.06
-0.06
Met
2.5
Sep. 30 2024
-0.07
-0.06
-0.06
Met
3.9
Jun. 30 2024
-0.06
-0.06
-0.07
Missed
-9​
Mar. 31 2024
-0.05
-0.05
-0.06
Missed
-10.6
​​Dec. 31 2023
-0.04
-0.05
-0.04
Beat
12.6
Sep. 30 2023
-0.05
-0.05
-0.04
Beat
23.7​
Jun. 30 2023
-0.07
-0.07
-0.05
Beat
28.6
Mar. 31 2023
-0.08
-0.08
-0.07
Beat
9.7

This summary was machine generated May 2 at 22:56 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)