Navitas Semiconductor (NASDAQ:NVTS) reported quarterly losses of $(0.040) per share which beat the analyst consensus estimate of $(0.050) by 20 percent. The company reported quarterly sales of $26.058 million which beat the analyst consensus estimate of $25.400 million by 2.59 percent. This is a 111.01 percent increase over sales of $12.349 million the same period last year.
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