Navitas Semiconductor to Report Q2 2024 Financial Results on Monday, August 5th, 2024
Navitas Semiconductor Navitas Semiconductor (US:NVTS) Newsfilter·2024-07-23 21:35

Core Viewpoint - Navitas Semiconductor will report its second quarter 2024 financial results on August 5, 2024, followed by a conference call and webcast for financial analysts [1][2]. Company Overview - Navitas Semiconductor (Nasdaq: NVTS) is a pure-play, next-generation power-semiconductor company, celebrating its 10th anniversary in 2024 [3]. - The company specializes in GaNFast™ power ICs that integrate gallium nitride (GaN) technology for faster charging, higher power density, and energy savings, alongside GeneSiC™ power devices for high-power, high-voltage, and high-reliability silicon carbide (SiC) solutions [3]. - Key markets for Navitas include electric vehicles (EV), solar energy, energy storage, home appliances, industrial applications, data centers, and consumer electronics [3]. - As of August 2023, Navitas has shipped over 125 million GaN units and 12 million SiC units, holding over 250 patents [3]. - The company is recognized for its commitment to sustainability, being the first semiconductor company to achieve CarbonNeutral® certification [3].