$Navitas Semiconductor Corp(NVTS)$ is scheduled to announce its earnings results on Monday, August 14th. Analysts expect the company to report earnings of ($0.07) per share for the quarter.
In its previous quarterly earnings report, Navitas Semiconductor reported earnings per share of ($0.07), beating analysts’ consensus estimates by $0.01. The company also generated $13.36 million in revenue for the quarter, surpassing analyst estimates of $12.34 million. However, Navitas Semiconductor had a negative net margin of 150.19% and a negative return on equity of 22.72%.
Will the upcoming results be favourable and drive the share price up 🚀?
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