Navitas Semiconductor Expects Q3 Net Revenues To Increase To $21M, Plus Or Minus 2%; Consensus $20.08M
Portfolio Pulse from Benzinga Newsdesk
Navitas Semiconductor has projected its Q3 net revenues to reach $21M, plus or minus 2%, which is higher than the consensus estimate of $20.08M.
August 14, 2023 | 8:20 pm
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Navitas Semiconductor's projected Q3 net revenues of $21M, plus or minus 2%, exceed the consensus estimate of $20.08M.
Navitas Semiconductor's projected Q3 net revenues are higher than the consensus estimate. This positive financial outlook could lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100