* Navitas Semiconductor Corp reported a quarterly adjusted loss of 6 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of -4 cents. The mean expectation of nine analysts for the quarter was for a loss of 6 cents per share. Wall Street expected results to range from -7 cents to -6 cents per share.

* Revenue fell 1.4% to $21.68 million from a year ago; analysts expected $21.93 million.

* Navitas Semiconductor Corp's reported EPS for the quarter was a loss of 10 cents​.

* The company reported a quarterly loss of $18.73 million.

* Navitas Semiconductor Corp shares had risen by 6.5% this quarter and lost 67.7% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts was unchanged in the last three months.​

* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

* The average consensus recommendation for the semiconductors peer group is also "buy"

Wall Street's median 12-month price target for Navitas Semiconductor Corp is $5.00 This summary was machine generated from LSEG data November 5 at 07:44 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Sep. 30 2024 -0.06 -0.06 Met

Jun. 30 2024 -0.06 -0.07 Missed

Mar. 31 2024 -0.05 -0.06 Missed

Dec. 31 2023 -0.05 -0.04 Beat