Navitas Semiconductor Corporation (NVTS) Reports Q1 Loss, Tops Revenue Estimates
NVTSNavitas Semiconductor (NVTS) Zacks Investment Research·2024-05-10 06:55

Navitas Semiconductor Corporation (NVTS) came out with a quarterly loss of 0.06pershareversustheZacksConsensusEstimateofalossof0.06 per share versus the Zacks Consensus Estimate of a loss of 0.04. This compares to loss of 0.07pershareayearago.Thesefiguresareadjustedfornon−recurringitems.Thisquarterlyreportrepresentsanearningssurpriseof−500.07 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -50%. A quarter ago, it was expected that this company would post a loss of 0.05 per share when it actually produced a loss of $0.04, delivering a surprise of 20%. Over the last four quarters, the compa ...