Navitas Semiconductor Corporation (NVTS) Reports Q4 Loss, Misses Revenue Estimates

Financial Performance - Navitas Semiconductor Corporation (NVTS) reported a quarterly loss of $0.06 per share, consistent with the Zacks Consensus Estimate, compared to a loss of$0.04 per share a year ago [1] - The company posted revenues of $17.98 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 6.03$26.06 million year-over-year [2] - Over the last four quarters, Navitas has not surpassed consensus EPS estimates and has topped consensus revenue estimates only twice [2][3] Market Performance - Navitas Semiconductor shares have declined approximately 11.2% since the beginning of the year, while the S&P 500 has gained 2.2% [3] - The current consensus EPS estimate for the upcoming quarter is -$0.07 on revenues of$16.74 million, and for the current fiscal year, it is -$0.21 on revenues of$88.23 million [7] Industry Outlook - The Electronics - Semiconductors industry, to which Navitas belongs, is currently ranked in the bottom 48% of over 250 Zacks industries, indicating potential challenges ahead [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Navitas's stock performance [5][6]