Navitas Semiconductor Corp. (NASDAQ:NVTS) is without doubt one of the 10 Resilient Stocks in a Sea of Uncertainties.
Navitas Semiconductor climbed by 16.14 p.c on Tuesday to complete at $15.33 apiece, as traders positioned portfolios forward of the outcomes of its earnings efficiency for the primary quarter of the 12 months.
In line with the corporate, it’s scheduled to launch its monetary and working highlights after market shut on Could 5, 2026. A convention name will observe to elaborate on the outcomes.
For illustration functions solely. Photograph by Tima Miroshnichenko on Pexels
For the interval, Navitas Semiconductor Corp. (NASDAQ:NVTS) is focusing on revenues to hit $8 million to $8.5 million, a marked 39 to 43 p.c decline from the $14 million registered in the identical interval final 12 months.
In different information, Navitas Semiconductor Corp. (NASDAQ:NVTS) welcomed the addition of Gregory Fischer to its board of administrators efficient April 13. He’ll serve on the corporate’s compensation and govt steering committees.
Previous to becoming a member of the corporate, Fischer beforehand served as senior vp and basic supervisor at Broadcom Inc., in addition to in management roles at Conexant Techniques Inc., Rockwell Worldwide Company, and Rockwell Collins Avionics Co. He’s at the moment serving as an unbiased director for Semtech Company.
Navitas Semiconductor Corp. (NASDAQ:NVTS) Board Chairman Richard Hendrix welcomed Fischer’s addition to the board, saying that his addition got here at a pivotal time, together with his expertise and expertise anticipated to assist success within the extremely aggressive and fast-moving market.
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