Earnings
Navitas CEO Sketches Breakeven Math: 'Low 60s' Revenue If Margins Pass 50%
Chris Allexandre tied breakeven to a margin jump from Claros and costs growing slower than sales, with fourth-quarter spending guided to $25.0 million.
NVTS
Navitas Semiconductor (NVTS) news from Bullished: SEC filings, earnings, insider trades and deals, explained in plain English with links to the source documents.
SEC Filings
Navitas Writes Off $7.2 Million Of A Preferred Stake After Investee's Financing Collapses
The power-chip maker also bought $5.0 million of Magnachip stock tied to a director and has yet to finish accounting for Claros.
Earnings
Navitas Revenue Rises 38% To $14.0 Million, Its First Year-Over-Year Gain Since 2024
The chipmaker guides fourth-quarter revenue to $16.0 million and expects AI infrastructure to top 40% of sales by year-end.
SEC Filings
Navitas Closes Claros Purchase, Says Deal Lifts Its 2030 Addressable Market To Over $8 Billion
The company says the deal adds at least $3.5 billion to its 2030 market estimate, and it will detail the technology in an October 20 webinar.