Navitas Semiconductor to Report Q2 2022 Financial Results on Monday, August 15th

Rhea-AI Summary

Navitas Semiconductor (Nasdaq: NVTS) will announce its Q2 2022 financial results on August 15, 2022, after market close. A live conference call and webcast will follow at 2:00 PM Pacific. The company specializes in gallium nitride (GaN) power ICs, which offer significant advantages over traditional silicon chips, including faster performance, higher power density, and lower costs. Navitas emphasizes sustainability, claiming each GaNFast IC shipment saves 4 kg of CO₂ emissions. The firm has issued or pending over 165 patents and has shipped over 50 million units without reported field failures.

Positive

• Navitas is a leader in GaN power ICs, a rapidly growing technology with strong market potential.
• The upcoming Q2 2022 financial results may reveal positive metrics impacting investor confidence.
• Company's focus on sustainability aligns with market trends, potentially enhancing brand reputation.

Negative

• None.

EL SEGUNDO, Calif., Aug. 09, 2022 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS), the industry-leader in gallium nitride (GaN) power ICs, today announced that it will report second quarter 2022 financial results after the market close on Monday, August 15^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 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 Q2 2022 Financial Results Conference Call and Webcast Information:
When: Monday, August 15^th, 2022
Time: 2:00 p.m. Pacific / 5:00 p.m. Eastern
Toll Free Dial-in: (646) 307-1963 or (800) 715-9871
Conference ID: 6867001
Live Webcast: https://edge.media-server.com/mmc/p/tqt3b9y7
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 165 Navitas patents are issued or pending, and over 50 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/db3d0f01-440a-4a4d-b81a-ad05daab16a9

FAQ

When will Navitas Semiconductor report its Q2 2022 financial results?

Navitas Semiconductor will report its Q2 2022 financial results on August 15, 2022, after market close.

What technology does Navitas Semiconductor specialize in?

Navitas Semiconductor specializes in gallium nitride (GaN) power ICs, which provide faster performance and greater efficiency compared to traditional silicon chips.

What time is Navitas Semiconductor's financial results conference call?

The conference call for Navitas Semiconductor's financial results will be held on August 15, 2022, at 2:00 PM Pacific / 5:00 PM Eastern.

How many patents does Navitas Semiconductor hold?

Navitas Semiconductor has over 165 patents issued or pending.

What sustainability claim does Navitas Semiconductor make regarding its GaNFast power ICs?

Navitas claims that every GaNFast power IC shipped saves 4 kg of CO₂ emissions.