Navitas Semiconductor Q2 Adj. EPS $(0.04), Inline, Sales $10.529M Beat $9.969M Estimate
Navitas Semiconductor (NASDAQ:NVTS) reported quarterly losses of $(0.04) per share which met the analyst consensus estimate. This is a 20 percent increase over losses of $(0.05) per share from the same period last year.
Navitas lost money this quarter, but less money than last year—that's improvement. When a company loses less over time, it hints they might be getting healthier and moving toward making actual profit.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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