03:26 AM EDT, 05/06/2026 (MT Newswires) -- Navitas Semiconductor ( NVTS ) reported a Q1 adjusted loss late Tuesday of $0.04 per diluted share, narrowing from a loss of $0.06 a year earlier.

Analysts polled by FactSet expected a non-GAAP loss of $0.05 a share.

Revenue for the quarter ended March 31 was $8.6 million, down from $14 million a year ago. Analysts surveyed by FactSet expected $8.2 million.

For Q2, the company expects revenue of $10 million, plus or minus $500,000. Analysts polled by FactSet expect $9.1 million.