Navitas Semiconductor Analysts Cut Their Forecasts After Q2 Results
Navitas Semiconductor Analysts Cut Their Forecasts After Q2 Results
Navitas Semiconductor Corporation (NASDAQ:NVTS) reported mixed results for the second quarter on Monday.
纳斯达克公司(NVTS)周一发布了第二季度的两极结果。
Navitas Semiconductor reported a quarterly loss of 7 cents per share which missed the analyst consensus estimate for a loss of 6 cents per share. The company reported quarterly sales of $20.468 million which beat the analyst consensus estimate of $20.013 million, according to data from Benzinga Pro.
Navitas Semiconductor报告每股亏损7分，低于分析师预期的每股亏损6分。根据Benzinga Pro的数据，该公司季度销售额为2046.8万美元，高于分析师预期的2001.3万美元。
"We are pleased with our Q2 results at the high end of our guidance, major new design wins, and significant technology advances and launches," said Gene Sheridan, CEO and co-founder. "Our leading- edge technology is fueling robust customer pipeline growth in each end market, led by AI data centers with multiple customers ramping production with our GaN and SiC-based power systems."
公司CEO兼联合创始人Gene Sheridan说:"我们对我们第二季度的成果感到满意，我们的指导预期处于高端，获得了重大的新设计赢家，也有了重大的技术进步和发布。我们的领先技术为每个细分市场的客户管道增长注入了强劲的动力，AI数据中心以我们的GaN和SiC为基础的功率系统为首，多个客户正在逐步生产。"
Navitas Semiconductor said it sees third-quarter net revenues of $21.5 million to $22.5 million, versus market estimates of $23.36 million.
Navitas Semiconductor表示，预计第三季度的净收入为2150万到2250万美元，市场估计为2336万美元。
Navitas Semiconductor shares fell 6.2% to close at $3.05 on Monday.
周一，Navitas Semiconductor股价下跌6.2%，收于3.05美元。
These analysts made changes to their price targets on Navitas Semiconductor following earnings announcement.
这些分析师在Navitas Semiconductor发布收益公告后对其价格目标进行了调整。
- Rosenblatt analyst Kevin Cassidy maintained Navitas Semiconductor with a Buy rating, while cutting the price target from $10 to $7.5.
- Needham analyst Quinn Bolton maintained Navitas Semiconductor with a Buy rating, while lowering the price target from $7 to $5.
- Rosenblatt分析师Kevin Cassidy保持了对Navitas Semiconductor的买入评级，但将价格目标从10美元降至7.5美元。
- Needham分析师Quinn Bolton保持了对Navitas Semiconductor的买入评级，但将价格目标从7美元降至5美元。
- Dow Records Worst Day In Around 2 Years, Mag 7 Stocks Lose $650B In Market Capitalization: Greed Index Moves To 'Extreme Fear' Zone
- 道琼斯指数以近两年最差表现收盘，科技七巨头股票市值缩水6500亿美元，贪婪指数跌至“极度恐惧”区域。