05:56 PM EDT, 08/04/2025 (MT Newswires) -- Navitas Semiconductor ( NVTS ) reported Q2 adjusted loss late Monday of $0.05 per diluted share, narrowing from a loss of $0.07 a year earlier.

Analysts polled by FactSet expected a loss of $0.05.

Revenue for the quarter ended June 30 was $14.5 million, down from $20.5 million a year earlier.

Analysts surveyed by FactSet expected $14.5 million.

The company set Q3 revenue guidance of $10 million, plus or minus $0.5 million, reflecting China tariff risks. Analysts expect $15.5 million.

Shares fell nearly 15% during after-hours trading.