Navitas Semiconductor (NVTS 0.69%), a developer of gallium nitride (GaN) and silicon carbide (SiC) power semiconductors, reported results for the quarter ended June 30, 2025, on August 4, 2025. Navitas posted GAAP revenue of $14.5 million, precisely matching analyst expectations, but saw a 29.3% year-over-year decline in GAAP revenue from the same period last year. Non-GAAP loss from operations improved to $10.6 million from $13.3 million in Q2 2024, showing progress on cost control. However, GAAP net loss ...