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SCT Navitas’s Q2 revenue and gross margin at higher end of guidance

Posted: Fri Aug 09, 2024 7:59 am
by admin
For second-quarter 2024, gallium nitride (GaN) power IC and silicon carbide (SiC) technology firm Navitas Semiconductor of Torrance, CA, USA has reported revenue of $20.5m, down 12.6% on $23.2m last quarter but up 13% on $18.1m a year ago, and at the top of the $20m±$0.5m guidance range. Revenue for first-half 2024 was up nearly 40% year-on-year...

Source: https://www.semiconductor-today.com/new ... 0824.shtml