Navitas Semiconductor to Participate in Upcoming Investor US & Asia Conferences
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Friday, August 18, 2023
TORRANCE, Calif., Aug. 18, 2023 (GLOBE NEWSWIRE) -- Navitas Semiconductor , the only pure-play, next-generation power semiconductor company and industry leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology, has announced participation in a series of upcoming investor conferences:
Key Points:
- TORRANCE, Calif., Aug. 18, 2023 (GLOBE NEWSWIRE) -- Navitas Semiconductor , the only pure-play, next-generation power semiconductor company and industry leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology, has announced participation in a series of upcoming investor conferences:
Navitas’ Q3 2023 results included record revenue, up 110% vs. Q2 2022 to $18.1 million, gross margin of 41.5%, cash of $177.7 million, and a 30% increase in customer pipeline to over $1 billion. - “Navitas was founded with the mission to ‘Electrify Our World’ as we accelerate the planet’s transition from fossil-fuels to renewable energy sources and clean-energy applications,” said Gene Sheridan, CEO and co-founder.
- “As the only pure-play, next-gen, power semi company, our leading-edge GaN and SiC technologies are delivering extraordinary growth in both near-term revenue and our customer opportunity pipeline across all key markets including EV, renewable energy, data center, appliance/industrial and mobile segments.”
To register, please contact your Needham sales professional. - Charles (Yingjie) Zha, VP & GM Navitas China and Ron Shelton, CFO
Ron Shelton, CFO and Stephen Oliver, VP Corporate Marketing & IR.