Navitas Semiconductor Corp reports results for the quarter ended June 30 - Earnings Summary

Navitas Semiconductor

04/08/2025 22:03

Navitas Semiconductor Corp NVTS.OQ reported a quarterly adjusted loss of 5 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -7 cents.  The mean expectation of nine analysts for the quarter was for a loss of 5 cents per share. Wall Street expected results to range from -5 cents to -4 cents per share.

Revenue fell 29.2% to $14.49 million from a year ago; analysts expected $14.38 million.

Navitas Semiconductor Corp's reported EPS for the quarter was a loss of 25 cents​.

The company reported a quarterly loss of $49.08 million.

Navitas Semiconductor Corp shares had risen by 21.5% this quarter and gained 123.0% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 2.2% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 3 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the semiconductors peer group is also "buy"

Wall Street's median 12-month price target for Navitas Semiconductor Corp is $4.30, about 85.1% below its last closing price of $7.96

This summary was machine generated from LSEG data August 4 at 09:01 p.m. UTC. ​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)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Jun. 30 2025
-0.05
-0.05
Met
Mar. 31 2025
-0.06
-0.06
Met
Dec. 31 2024
-0.06
-0.06
Met
Sep. 30 2024
-0.06
-0.06
Met