India, Nov. 3 -- Navitas Semiconductor Corp (NVTS) revealed Loss for its third quarter of -$37.10 million
The company's earnings totaled -$37.10 million, or -$0.14 per share. This compares with -$19.23 million, or -$0.09 per share, last year.
Excluding items, Navitas Semiconductor Corp reported adjusted earnings of -$6.90 million or -$0.03 per share for the period.
The company's revenue for the period rose 38.4% to $13.99 million from $10.11 million last year.
Navitas Semiconductor Corp earnings at a glance (GAAP) :
-Earnings: -$37.10 Mln. vs. -$19.23 Mln. last year.-EPS: -$0.14 vs. -$0.09 last year.-Revenue: $13.99 Mln vs. $10.11 Mln last year.
-Guidance:Full year revenue guidance: $ 16.0 M
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