Navitas semiconductor announces fourth quarter and full year 2024 financial results

Gan revenue up over 50% to record high design-wins of $450 million with highest growth rates in data center and ev strong balance sheet and continued expense management to accelerate profitability torrance, calif., feb. 24, 2025 (globe newswire) -- navitas semiconductor (nasdaq: nvts), the only pure-play, next-generation power semiconductor company and industry leader in gallium nitride (gan) power ics and silicon carbide (sic) technology, today announced unaudited financial results for the fourth quarter and full year ended december 31, 2024.
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