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Navitas Semiconductor to Report Q3 2021 Financial Results on Tuesday, November 9th, 2021

Navitas Semiconductor (Nasdaq: NVTS) will announce its Q3 2021 financial results on November 9, 2021, after market close.

(Moderate)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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Rhea-AI Summary

Navitas Semiconductor (Nasdaq: NVTS) will announce its Q3 2021 financial results on November 9, 2021, after market close. A conference call for analysts will occur at 2:00 PM Pacific / 5:00 PM Eastern the same day. The company, recognized as a leader in GaN power ICs, has achieved significant milestones since its listing on Nasdaq on October 20, 2021, including an enterprise value exceeding $1B and raising over $320M in gross capital. Navitas aims to provide insights on its financial performance and engage with the investment community during the call.

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Positive

  • Enterprise value over $1B
  • Gross capital raise exceeding $320M
  • Industry leadership in GaN power ICs with over 30 million units shipped

Negative

  • None.
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News Market Reaction – NVTS

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EL SEGUNDO, Calif., Oct. 26, 2021 /PRNewswire/ -- Navitas Semiconductor (Nasdaq: NVTS) today announced that it will report third quarter 2021 financial results after the market close on Tuesday, November 9, 2021. Management will host a conference call and live webcast to present the Company's financial results and answer questions from the financial analyst community at 2:00 p.m. Pacific / 5:00 p.m. Eastern that same evening.

Navitas Q3 2021 Financial Results Conference Call and Webcast Information:
When: Tuesday, November 9th, 2021
Time: 2:00 p.m. Pacific / 5:00 p.m. Eastern
Toll Free Dial-in: (844) 467-8023, Conference ID: 1955395
Live Webcast: https://edge.media-server.com/mmc/p/vf9w7m2r
Replay: A replay of the call will be accessible from the Investor Relations section of the Company's website at https://ir.navitassemi.com/.

About Navitas
Navitas Semiconductor (Nasdaq:NVTS) is the industry leader in GaN power ICs, founded in 2014. GaN power ICs integrate GaN power with drive, control and protection to enable faster charging, higher power density and greater energy savings for mobile, consumer, enterprise, eMobility and new energy markets. Over 130 Navitas patents are issued or pending, and over 30 million GaNFast power ICs have been shipped with zero reported GaN field failures. Navitas rang the opening bell and started trading on Nasdaq on October 20th, 2021, with an enterprise value over $1B and over $320M gross capital raise.

Navitas Semiconductor, GaNFast and the Navitas logo are trademarks or registered trademarks of Navitas Semiconductor Limited. All other brands, product names and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.

Contact Information
Stephen Oliver, VP Corporate Marketing & Investor Relations
ir@navitassemi.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/navitas-semiconductor-to-report-q3-2021-financial-results-on-tuesday-november-9th-2021-301408617.html

SOURCE Navitas Semiconductor

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When will Navitas Semiconductor report Q3 2021 financial results?

Navitas Semiconductor will report its Q3 2021 financial results on November 9, 2021.

What is the time for Navitas Semiconductor's Q3 results conference call?

The conference call will take place at 2:00 PM Pacific / 5:00 PM Eastern on November 9, 2021.

What is the significance of Navitas's listing on Nasdaq?

Navitas Semiconductor started trading on Nasdaq on October 20, 2021, with an enterprise value exceeding $1B.

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