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Navitas Enjoys Robust Financial Position: What's Fueling It?
ZACKSยท 2025-07-17 13:30
Key Takeaways NVTS cut Q1 operating expenses to $17.2M and aims for $15.5M to support breakeven in 2026. Navitas holds $75M in cash with no debt, reflecting disciplined capital and strong liquidity. $450M lifetime design wins and GaN and SiC innovation position NVTS for higher-margin growth.Navitas Semiconductor (NVTS) is actively strengthening its financial position through a combination of operational efficiencies and cost management amid softness in core markets.The company reported first-quarter 2025 ...