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2023-05-23 16:56:58 ET Navitas Semiconductor ( NASDAQ: NVTS ) commences underwritten public offering of $80M of its class A common stock. All shares in the offering are being offered by Navitas, with a 30-day option for underwriters to purchase up to an additional $12M of Clas...
TORRANCE, Calif., May 23, 2023 (GLOBE NEWSWIRE) -- Navitas Semiconductor Corporation (Nasdaq: NVTS), an industry leader in next-generation power semiconductors, announced today that it has commenced an underwritten public offering of $80.0 million of shares of its Class A common stock. All of the...
TORRANCE, Calif., May 22, 2023 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS), the industry-leader in next-generation power semiconductors, announced it will be added as a member of the broad-market Russell 3000® Index, effective after the US market opens on Monday 26 th Ju...
2023-05-19 11:01:27 ET Shares of chip design start-up Navitas Semiconductor (NASDAQ: NVTS) have rallied over 30% following its first-quarter 2023 earnings update. This story is starting to sound familiar: A small company that's betting big on electric vehicles (EVs) and the power gr...
TORRANCE, Calif., May 18, 2023 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS), announced that Exide Technologies’ next-generation, high-frequency fast chargers for industrial material handling equipment have adopted new, leading-edge GeneSiC power semiconductors to ensure rel...
2023-05-16 13:08:04 ET Gainers: GD Culture Group Limited ( GDC ) +84% . The Singing Machine Company ( MICS ) +62% . Applied Digital Corporation ( APLD ) +51% . Exela Technologies ( XELA ) +40% . AN2 Therapeutics ( ANTX ) +26% . ...
2023-05-16 11:57:12 ET Shares of Navitas Semiconductor (NASDAQ: NVTS) -- one of the smaller semiconductor companies and a specialist in making chips used to power electronic devices -- were up 16.4% as of 10:20 a.m. ET Tuesday. The move higher came after the business exceeded ex...
2023-05-15 22:43:21 ET Navitas Semiconductor Corporation (NVTS) Q1 2023 Earnings Conference Call May 15, 2023 5:00 PM ET Company Participants Stephen Oliver - Vice President of Corporate Marketing and Investor Relations Gene Sheridan - Chief Executive Officer Ron...
2023-05-15 16:20:20 ET Navitas Semiconductor press release ( NASDAQ: NVTS ): Q1 Non-GAAP EPS of -$0.07 beats by $0.01 . Revenue of $13.36M (+98.2% Y/Y) beats by $1.09M . Outlook: Second quarter 2023 net revenues are expected to increase, in the range of $16...
Doubling of revenue from prior year with expanding gross margins Strong growth in all target markets with 50% backlog growth in the quarter Acquisitions performing well, contributing to diversified and synergistic growth TORRANCE, Calif., May 15, 2023 (GLOBE NEWSWIRE) ...
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TORRANCE, Calif., July 23, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS) today announced that it will report second quarter 2024 financial results after the market close on Monday, August 5 th , 2024. Management will host a conference call and live webcast to present the c...
TORRANCE, Calif., July 12, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS), the industry leader in next-generation GaNFast™ gallium nitride (GaN) and GeneSiC™ silicon carbide (SiC) power semiconductors, today announced it will team up with its Japanese sales and ma...
TORRANCE, Calif., June 20, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS), the industry leader in next-generation GaNFast™ gallium nitride (GaN) and GeneSiC™ silicon carbide (SiC) power semiconductors today announced that its GaNFast power ICs have been select...