Navitas semiconductor announces record fourth quarter and full year 2023 financial results

Posts q4 revenue of $26 million, up 111% year over year and 19% sequentially delivers $79.5 million full year revenue, up 109% from prior year significant new wins in ai data centers, home appliances, solar inverters and internet satellite drive growth outlook for 2024 torrance, calif., feb. 29, 2024 (globe newswire) -- navitas semiconductor corporation (nasdaq: nvts), the industry leader in next-generation power semiconductors, today announced unaudited financial results for the fourth quarter and full year ended december 31, 2023.
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