Navitas Semiconductor Corp

Navitas Semiconductor Corp. engages in the development of ultra-efficient gallium nitride (GaN) semiconductors. Its GaN power ICs integrate GaN power with drive, control and protection to enable charging, power density, and energy savings for mobile, consumer, enterprise, eMobility and new energy markets. The company was founded on August 12, 2020 and is headquartered in Torrance, CA.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

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Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

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Navitas Semiconductor excels in Q4, eyes revenue doubling in 2023

Navitas Semiconductor delivered strong financial performance in Q4 and full-year 2022, positioning for continued growth in 2023.
Despite challenges in the mobile market and program delays, the company's strategic strengths and opportunities signal long-term potential.
Focus on diversification, innovation, and partnerships is key to navigating market dynamics and driving future success.
With a solid financial position, expanding market opportunities, and improving margins, Navitas is poised for sustained growth and competitiveness.

Navitas Semiconductor Corp surpasses Q1 expectations, eyes growth in EV and industrial markets

Navitas Semiconductor Corp delivered strong Q1 results, highlighted by exceeding guidance and strategic advancements in key markets. The company's focus on next-generation products like GaN and silicon carbide positions it for future success. While facing challenges in maintaining competitive positioning, Navitas has opportunities to leverage its technology in high-growth sectors.

Navitas Semiconductor posts stellar Q2 results, eyes growth opportunities

Navitas Semiconductor reported strong Q2 performance with revenue growth, margin improvement, and a growing customer pipeline, underpinning its market position and growth prospects.
While facing challenges such as margin moderation and cost pressures, the company remains well-positioned to leverage opportunities in electric vehicles, renewables, and mobile markets.
With a focus on innovation and capacity expansion, Navitas is poised to capitalize on the increasing demand for its GaN and silicon carbide technologies, driving future revenue growth and market penetration.

Navitas Semiconductor achieves record Q3 earnings, poised for growth

Navitas Semiconductor Corp delivered exceptional financial performance in Q3 2023, marked by record revenues, improved gross margins, and a strong growth outlook for 2023.
Despite facing challenges in certain market segments and product transitions, the company's strategic focus on new technologies and market diversification positions it well for future growth and industry leadership.
With a robust product portfolio, key partnerships, and a solid financial foundation, Navitas is poised to capitalize on market opportunities, drive innovation, and maintain its growth trajectory in the semiconductor industry.

Navitas Semiconductor excels in Q4 earnings, eyes growth opportunities

Navitas Semiconductor delivered impressive financial results in Q4 2023, surpassing revenue guidance and achieving significant annual revenue growth, with a positive outlook for 2024.
The company's strengths in key markets, innovative technologies, and strategic partnerships position it well for future growth, despite facing challenges in maintaining margins and meeting revenue projections.
With a focus on GaN and silicon carbide technologies, balanced revenue growth across end markets, and opportunities in emerging sectors, Navitas Semiconductor is poised for continued success and market expansion.

Navitas Semiconductor Corp reports stellar Q1 growth, eyes future profitability

Navitas Semiconductor Corp delivered robust Q1 results with substantial revenue growth attributed to GaN technology adoption. While facing challenges in operational losses and moderated growth expectations for 2024, the company remains optimistic about future revenue prospects and profitability milestones. Navitas is strategically positioned to capitalize on market opportunities and drive continued innovation in GaN technology applications.

Navitas Semiconductor reports robust Q2 growth across key markets

Navitas Semiconductor Corp delivered strong Q2 results, meeting revenue guidance and showcasing a 40% year-on-year increase. The company's focus on GaN and silicon carbide technologies is driving growth across key markets, including AI data centers, electric vehicles, and mobile fast charging.
Despite facing challenges in a competitive industry landscape and operational complexities, Navitas' technological leadership, strong customer relationships, and strategic design wins position it for continued success. The company's emphasis on efficiency and innovation bodes well for future growth and market expansion.
Navitas Semiconductor has a range of opportunities to capitalize on, from expanding in the AI data center and electric vehicle markets to diversifying revenue streams in appliance and industrial segments. By leveraging its strengths and addressing challenges effectively, Navitas is poised to sustain its revenue growth and market leadership.

Navitas Semiconductor Corp achieves record Q3 revenue amidst market challenges

Navitas Semiconductor Corp's Q3 performance reflects strong revenue growth and strategic advancements in key markets. While facing near-term challenges, the company is focused on optimizing costs and capitalizing on growth opportunities in mobile, EV, and AI data centers. With a clear market focus and strategic partnerships, Navitas is poised for future growth.

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SEATTLE , July 18, 2022 /PRNewswire/ -- Anker Innovations, a leader in mobile charging and consumer electronics, announced today that it has partnered with the top industry leaders in Gallium Nitride (GaN) technology to develop a new generation of charging solutions for both home and on-the-go. "GaN is allowing us to completely change the way we charge our electronics by delivering better power transfer efficiency, faster-charging speeds, and smaller, more portable chargers," said Steven Yang, CEO of Anker Innovations.

Anker Partners With Industry Leaders in Gallium Nitride to Develop Next-Gen Fast Chargers

Navitas sponsorship spotlights next-gen semiconductor advances over legacy silicon, and expanding beyond chargers to consumer, data center, solar and EV markets Navitas sponsorship spotlights next-gen semiconductor advances over legacy silicon, and expanding beyond chargers to consumer, data center, solar and EV markets

Navitas Highlights GaN-Industry Leadership in Ultra-Fast Mobile Charging at Fast-Growing Asia Expo

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Next-gen semiconductor drives small size, fast charging for latest Xiaomi Red-miBook Pro laptops Next-gen semiconductor drives small size, fast charging for latest Xiaomi Red-miBook Pro laptops

Navitas Powers Xiaomi's First In-Box GaN 100 W Laptop Fast Charger

Industry-leader in next-gen semiconductor leverages #1 position in mobile fast chargers into higher-power data center, solar and EV markets Industry-leader in next-gen semiconductor leverages #1 position in mobile fast chargers into higher-power data center, solar and EV markets

Navitas Drives Forward with GaN, Sponsoring PowerUP EXPO 2022

Integrated GaN technology at forefront of market penetration vs. legacy silicon Integrated GaN technology at forefront of market penetration vs. legacy silicon

Navitas Highlights Next-Gen Power IC Technology at Prestigious ‘GaN Marathon' Workshop

Navitas' 50,000,000 units shipped, 20-year warranty and CarbonNeutral®-company status reflect next-gen semiconductor milestones Navitas' 50,000,000 units shipped, 20-year warranty and CarbonNeutral®-company status reflect next-gen semiconductor milestones

Navitas Highlights Long-Term Partnership with TSMC and Record GaN Shipments at TSMC 2022 Technology Symposium

Advances mission to “Electrify Our World™” as each next-gen GaN power IC saves 4 kg CO 2

Navitas: World's First CarbonNeutral®-Certified Semiconductor Company

EL SEGUNDO, Calif., May 26, 2022 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS), the industry-leader in gallium nitride (GaN) power ICs, announced the appointment of Ron Shelton as Senior VP, CFO and Treasurer. In parallel, interim CFO, Todd Glickman, will continue in his integral role as SVP of Finance.

Navitas Semiconductor Appoints New Chief Financial Officer

Navitas Semiconductor Corp (NYSE:NVTS ) Q1 2022 Earnings Conference Call May 12, 2022 5:00 PM ET Company Participants Stephen Oliver – Vice President-Corporate Marketing and Investor Relations Gene Sheridan – Chairman, President and Chief Executive Officer Todd Glickman – Chief Financial Officer Conference Call Participants Kevin Cassidy – Rosenblatt Securities Trevor Janowski – Needham Jon Tanwanteng – CJS Richard Shannon – Craig Hallum Mark Lipacis – Jefferies Ross Seymore – Deutsche Bank Operator Good day. Thank you for standing by, and welcome to Navitas Semiconductor's First Quarter 2022 Results Conference Call.

Navitas Semiconductor's (NVTS) CEO Gene Sheridan on Q1 2022 Results - Earnings Call Transcript

[An earlier version of this press release contained a typographical error in the Business Outlook section—Navitas' gross margin guidance for Q2 2022 and gross margin guidance for full year 2022 were inadvertently reversed. The error is corrected in this version.]

CORRECTION - Navitas Semiconductor, Industry-Leader in Gallium Nitride (GaN) Power ICs, Announces First Quarter 2022 Financial Results

First GaN power company to ship over 50 million units; leads fast & ultra-fast charger market New strategic customers include Samsung, vivo and Motorola First semiconductor company certified CarbonNeutral™

Navitas Semiconductor, Industry-Leader in Gallium Nitride (GaN) Power ICs, Announces First Quarter 2022 Financial Results

Next-gen semiconductor drives 135W fast charger, Lenovo and Navitas shine on Nasdaq Next-gen semiconductor drives 135W fast charger, Lenovo and Navitas shine on Nasdaq

Navitas GaN ICs Fast-Charge Lenovo's 2022 Legion Gen 7 Powerhouse Gaming Laptops

Next-gen semiconductor unlocks fastest possible charging for the new motorola edge+, powering over 50% in 15 minutes* Next-gen semiconductor unlocks fastest possible charging for the new motorola edge+, powering over 50% in 15 minutes*

Navitas GaN ICs unleash TurboPower™ 68W charging with the new motorola edge+

Next-gen semiconductor leader steps up from mobile fast-chargers to high-power applications Next-gen semiconductor leader steps up from mobile fast-chargers to high-power applications

Navitas Upgrades GaN IC Power by 50% for EV, Solar and Data Center

Next-gen semiconductor leader announces industry-first production milestone Next-gen semiconductor leader announces industry-first production milestone

Navitas Celebrates 50,000,000th GaN Shipment with vivo

Next-gen semiconductor fast-charges flagship X Fold smartphone Next-gen semiconductor fast-charges flagship X Fold smartphone

Navitas GaN IC Drives vivo's First 8”-Screen Foldable Phone

CS MANTECH presentation highlights significant impact of GaN on power electronics industry CS MANTECH presentation highlights significant impact of GaN on power electronics industry

Navitas Semiconductor CEO is Plenary Speaker at 2022 International Conference on Compound Semiconductor Manufacturing Technology

High-tech consortium drives the development, commercialization, and adoption of GaN and SiC ‘wide-bandgap' technologies High-tech consortium drives the development, commercialization, and adoption of GaN and SiC ‘wide-bandgap' technologies

Navitas and PowerAmerica Accelerate Next-Gen Semiconductors to “Electrify our World™”

Leverages leadership in mobile fast chargers and benchmark 20-year warranty into data centers, solar and EV markets Leverages leadership in mobile fast chargers and benchmark 20-year warranty into data centers, solar and EV markets

Navitas Drives GaN into High-Power Markets at PCIM Europe

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Intel

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Why Intel, AMD, and Navitas Stocks Popped Thursday

Sets new standard for power semiconductors as GaN ICs enter Data Center, Solar and EV high-reliability markets EL SEGUNDO, Calif., March 21, 2022 /PRNewswire/ -- Navitas Semiconductor (Nasdaq: NVTS), the industry-leader in gallium nitride (GaN) power integrated circuits has announced a breakthrough 20-year limited warranty for its GaNFast technology – 10x longer than typical silicon, SiC or discrete GaN power semiconductors – and a critical accelerator for GaN's adoption in data center, solar and EV markets.

Navitas Announces World's First 20-Year Warranty for GaN ICs

Zero reported GaN-related field failures sets unprecedented industry benchmark EL SEGUNDO, Calif. , March 21, 2022 /PRNewswire/ -- Navitas Semiconductor (Nasdaq: NVTS), the industry-leader in gallium nitride (GaN) power integrated circuits has announced a breakthrough 40M units shipped – with zero reported GaN-related field failures.

Navitas, GaN Industry Leader, Accelerates with Over 40M Units Shipped

Next-gen semiconductor powers flagship Galaxy S22 Ultra and S22+ smartphones EL SEGUNDO, Calif., March 14, 2022 /PRNewswire/ -- Navitas Semiconductor (Nasdaq: NVTS), the industry-leader in gallium nitride (GaN) power integrated circuits has announced that its GaNFast technology has been selected for Samsung's flagship Galaxy S22 Ultra and S22+ smartphones.

Navitas GaN ICs Drive Samsung Galaxy S22 Fast Charging

EL SEGUNDO, Calif., March 11, 2022 /PRNewswire/ -- Navitas Semiconductor (Nasdaq: NVTS) – the leader in gallium nitride (GaN) power ICs - today officially announced that its next-generation GaNFast power ICs with GaNSense™ technology drive a special-edition Redmi smartphone just launched in China.

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