Navitas Semiconductor (NASDAQ:NVTS) reported quarterly losses of $(0.06) per share which met the analyst consensus estimate. This is a 50 percent decrease over losses of $(0.04) per share from the same period last year. The company reported quarterly sales of $17.98 million which missed the analyst consensus estimate of $19.02 million by 5.50 percent. This is a 31.01 percent decrease over sales of $26.06 million the same period last year.
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