earnings
confidence high
sentiment negative
materiality 0.65
Navitas Q1 revenue $14.0M, down 40% YoY; Q2 guidance $14-15M
Navitas Semiconductor Corp
2025-Q1 EPS reported
-$0.09
revenue$14,018,000
- Revenue $14.0M vs $23.2M YoY and $18.0M prior quarter.
- GAAP loss from ops $25.3M; non-GAAP loss $11.8M (flat YoY).
- Cash $75.1M as of March 31, 2025.
- Q2 revenue guidance $14.0-15.0M; non-GAAP gross margin ~38.5%.
- Over 250M GaN devices shipped since 2018; $450M design wins in 2024.