Navitas Semiconductor Sees Q4 Net Revenues $25M-$36M vs $24.91M Est.
Portfolio Pulse from Benzinga Newsdesk
Navitas Semiconductor has projected its Q4 net revenues to be between $25M and $36M, which is higher than the estimated $24.91M.
November 09, 2023 | 9:22 pm
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POSITIVE IMPACT
Navitas Semiconductor's Q4 net revenues are expected to exceed estimates, which could positively impact the company's stock.
Navitas Semiconductor's projected Q4 net revenues are higher than the estimated $24.91M. This positive financial performance could increase investor confidence and drive up the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100