share_log

Navitas Semiconductor | 8-K: Navitas Semiconductor Announces Third Quarter 2024 Financial Results

Navitas Semiconductor | 8-K: Navitas Semiconductor Announces Third Quarter 2024 Financial Results

纳微半导体 | 8-K:纳维塔斯半导体公布2024年第三季度财务业绩
美股SEC公告 ·  2024/11/04 13:29

Moomoo AI 已提取核心信息

Navitas Semiconductor announced Q3 2024 financial results with revenue of $21.7 million, down slightly year-over-year. The company reported a GAAP loss from operations of $29.0 million and a non-GAAP loss of $12.7 million. Navitas highlighted record sales in the GaN mobile fast-charger market.The company launched a new low-voltage GaN platform for 48V AI data center, EV, and robotics applications, partnering with Infineon for dual-sourcing. Navitas also announced a cost reduction plan expected to save $2 million per quarter, including a 14% workforce reduction, to accelerate profitability.For Q4 2024, Navitas expects revenue between $18.0-$20.0 million and non-GAAP gross margin of 40% ±50 bps. The company reported progress across multiple markets, including AI data centers, EVs, mobile, and solar, with new design wins and qualifications positioning it for future growth.
Navitas Semiconductor announced Q3 2024 financial results with revenue of $21.7 million, down slightly year-over-year. The company reported a GAAP loss from operations of $29.0 million and a non-GAAP loss of $12.7 million. Navitas highlighted record sales in the GaN mobile fast-charger market.The company launched a new low-voltage GaN platform for 48V AI data center, EV, and robotics applications, partnering with Infineon for dual-sourcing. Navitas also announced a cost reduction plan expected to save $2 million per quarter, including a 14% workforce reduction, to accelerate profitability.For Q4 2024, Navitas expects revenue between $18.0-$20.0 million and non-GAAP gross margin of 40% ±50 bps. The company reported progress across multiple markets, including AI data centers, EVs, mobile, and solar, with new design wins and qualifications positioning it for future growth.
Navitas半导体宣布2024年第三季度财务业绩,营业收入为2170万美元,同比略有下降。该公司报告的GAAP运营亏损为2900万美元,非GAAP亏损为1270万美元。Navitas强调其在氮化镓移动快速充电器市场的销售创下纪录。该公司推出了一种新的低压氮化镓平台,用于48V人工智能IDC概念、电子电动车和机器人应用,并与英飞凌合作进行双重采购。Navitas还宣布了一项成本削减计划,预计每季度节省200万美元,包括减少14%的员工,以加速盈利能力。对于2024年第四季度,Navitas预计营业收入在1800万至2000万美元之间,非GAAP毛利率为40% ±50个基点。该公司在多个市场(包括人工智能IDC概念、电子电动车、移动和太阳能)中取得了进展,新设计的成功和资格认证使其为未来增长奠定了基础。
Navitas半导体宣布2024年第三季度财务业绩,营业收入为2170万美元,同比略有下降。该公司报告的GAAP运营亏损为2900万美元,非GAAP亏损为1270万美元。Navitas强调其在氮化镓移动快速充电器市场的销售创下纪录。该公司推出了一种新的低压氮化镓平台,用于48V人工智能IDC概念、电子电动车和机器人应用,并与英飞凌合作进行双重采购。Navitas还宣布了一项成本削减计划,预计每季度节省200万美元,包括减少14%的员工,以加速盈利能力。对于2024年第四季度,Navitas预计营业收入在1800万至2000万美元之间,非GAAP毛利率为40% ±50个基点。该公司在多个市场(包括人工智能IDC概念、电子电动车、移动和太阳能)中取得了进展,新设计的成功和资格认证使其为未来增长奠定了基础。
声明:本内容仅用作提供资讯及教育之目的,不构成对任何特定投资或投资策略的推荐或认可。 更多信息