These Analysts Revise Their Forecasts On Navitas Semiconductor Following Q3 Earnings
1. Navitas reported Q3 revenue of $10.11M, beating estimates. 2. Company expects Q4 revenue between $6.75M and $7.25M, below expectations. 3. CEO highlights increasing demand for high-power semiconductor markets. 4. Analysts adjusted price targets, with mixed outlooks for NVTS. 5. Shares of Navitas fell 11.9% after earnings announcement.