Navitas Semiconductor Corp (NVTS)
NASDAQ (NMS) NASDAQ (NMS) Primary 
Navitas Semiconductor Corporation (NVTS) Q2 2024 Earnings Call Transcript
Navitas Semiconductor Corporation (NASDAQ:NVTS ) Q2 2024 Earnings Conference Call August 5, 2024 5:00 PM ET Company Participants Stephen Oliver - VP, IR Gene Sheridan - Chairman, President, CEO and Co-Founder Janet Chou - EVP, CFO, and Treasurer Conference Call Participants Ross Seymore - Deutsche Bank Blayne Curtis - Jefferies Quinn Bolton - Needham Jack Egan - Charter Equity Research Kevin Cassidy - Rosenblatt Joseph Moore - Morgan Stanley Jon Tanwanteng - CJS Securities Richard Shannon - Craig-Hallum Operator Thank you for standing by. My name is Kat and I will be your conference operator today.
Navitas Semiconductor Corporation (NVTS) Reports Q2 Loss, Tops Revenue Estimates
Navitas Semiconductor Corporation (NVTS) came out with a quarterly loss of $0.07 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.05 per share a year ago.
Navitas Semiconductor: Setting Up For 2025
The management's comments about an expectation for moderation in growth for the second half of 2024 resulted in growing uncertainties about the recovery for the company. Likewise, guidance for 2Q24 points to softness in revenue due to lower demand in EV, solar, and industrial markets. Navitas Semiconductor's customer pipeline continues to grow across segments, growing 28% from just the December 2023 investor day.
