The company said, “Third quarter 2025 net revenues are expected to be $10.0 million, plus or minus $0.5 million largely due to China tariff risks and more selective mobile strategy. Non-GAAP gross margin for the third quarter is expected to be 38.5% plus or minus 50 basis points, and non-GAAP operating expenses are expected to be approximately $15.5 million in the third quarter of 2025.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NVTS:
- Navitas Semiconductor options imply 14.2% move in share price post-earnings
- NVTS Upcoming Earnings Report: What to Expect?
- Navitas Semiconductor call volume above normal and directionally bullish
- Navitas Semiconductor Stockholders Approve Key Proposals
- Navitas Semiconductor Raises $50 Million in Stock Sale