Navitas Semiconductor to Report Q1 2022 Financial Results on Thursday, May 12th, 2022

Rhea-AI Summary

Navitas Semiconductor (Nasdaq: NVTS) will report its first quarter 2022 financial results on May 12, 2022, after market close. A conference call will follow at 2:00 p.m. Pacific Time to discuss the results. Navitas specializes in gallium nitride (GaN) power ICs, which outperform traditional silicon chips by running up to 20 times faster, offering up to 3 times more power and energy savings while being more compact. The company has shipped over 40 million units with zero reported field failures, emphasizing quality and sustainability.

Positive

• Navitas has shipped over 40 million GaN units with zero reported failures.
• GaN technology offers up to 20x faster performance and up to 40% energy savings.

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• None.

EL SEGUNDO, Calif., May 02, 2022 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS), the industry-leader in gallium nitride (GaN) power ICs, today announced that it will report first quarter 2022 financial results after the market close on Thursday, May 12^th, 2022. Management will host a conference call and live webcast to present the company's financial results and answer questions from the financial-analyst community at 2:00 p.m. Pacific / 5:00 p.m. Eastern that same evening.

GaN is a next-generation semiconductor technology that runs up to 20x faster than legacy silicon (Si) chips, and enables up to 3x more power or 3x faster charging with up to 40% energy savings in half the size & weight and with up to 20% lower system cost. GaNFast™ power ICs integrate power, drive, and control, with additional autonomous-protection and loss-less current-sensing to deliver the smallest, fastest power-conversion performance.

Navitas Q1 2022 Financial Results Conference Call and Webcast Information:
When: Thursday, May 12^th, 2022
Time: 2:00 p.m. Pacific / 5:00 p.m. Eastern
Toll Free Dial-in: (844) 467-8023 or (270) 215-9485, Conference ID: 3796294
Live Webcast: https://edge.media-server.com/mmc/p/prudpkfg
Replay: A replay of the call will be accessible from the Investor Relations section of the Company’s website at https://ir.navitassemi.com/.

About Navitas
Navitas Semiconductor (Nasdaq: NVTS) is the industry leader in GaN power ICs, founded in 2014. GaN power ICs integrate GaN power with drive, control, protection and sensing to enable faster charging, higher power density and greater energy savings for mobile, consumer, enterprise, eMobility and new-energy markets. Over 145 Navitas patents are issued or pending, and over 40 million units have been shipped with zero reported GaN field failures. Sustainability is a core focus, as every GaNFast power IC shipped saves 4 kg of CO₂ emissions. Navitas rang the Nasdaq opening bell and started trading on Nasdaq on October 20th, 2021.

Navitas Semiconductor, GaNFast and the Navitas logo are trademarks or registered trademarks of Navitas Semiconductor Limited. All other brands, product names and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.

Contact Information
Stephen Oliver, VP Corporate Marketing & Investor Relations
ir@navitassemi.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8ed6df32-0080-4e4f-8521-e9bf5b2c637d

 

FAQ

When will Navitas Semiconductor announce its Q1 2022 financial results?

Navitas Semiconductor will announce its Q1 2022 financial results on May 12, 2022, after market close.

What are the benefits of Navitas's GaN power ICs?

Navitas's GaN power ICs provide up to 20 times faster performance, 3 times more power, 40% energy savings, and a smaller footprint compared to traditional silicon chips.

What time is the Navitas Semiconductor Q1 2022 conference call?

The conference call for Navitas's Q1 2022 results will be held at 2:00 p.m. Pacific time on May 12, 2022.