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Navitas Semiconductor to Participate in Upcoming Investor US & Asia Conferences
Executives to review drivers of $1B pipeline and record revenue, up 110% TORRANCE, Calif., Aug. 18, 2023 (GLOBE NEWSWIRE) -- Navitas Semiconductor, the only
About this update from Navitas Semiconductor Corporation
[{"type":"text","content":"Executives to review drivers of $1B pipeline and record revenue, up 110%\nTORRANCE, Calif., Aug. 18, 2023 (GLOBE NEWSWIRE) -- Navitas Semiconductor, the only pure-play, next-generation power semiconductor company and industry leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology, has announced participation in a series of upcoming investor conferences: Navitas’ Q3 2023 results included record revenue, up 110% vs. Q2 2022 to $18.1 million, gross margin of 41.5%, cash of $177.7 million, and a 30% increase in customer pipeline to over $1 billion. “Navitas was founded with the mission to ‘Electrify Our World’ as we accelerate the planet’s transition from fossil-fuels to renewable energy sources and clean-energy applications,” said Gene Sheridan, CEO and co-founder. “As the only pure-play, next-gen, power semi company, our leading-edge GaN and SiC technologies are delivering extraordinary growth in both near-term revenue and our customer opportunity pipeline across all key markets including EV, renewable energy, data center, appliance/industrial and mobile segments.” Conferences by date: Needham: 4th Annual Needham Virtual Semiconductor & SemiCap 1x1 ConferenceAugust 22nd, 1-on-1 meetingsGene Sheridan, CEO, Ron Shelton, CFO, and Stephen Oliver, VP Corp. Mktg & IR.To register, please contact your Needham sales professional. Fubon SecuritiesAugust 22nd, 10pm US eastern / August 23rd 10am TaiwanGene Sheridan, CEO, Ron Shelton, CFO and Stephen Oliver, VP Corporate Marketing & IR To attend, please contact Melody Teng, Global Equities Division at [email protected] CICC (in Mandarin, 普通话)August 23rd, 10pm US eastern / August 24th 10am Hong Kong/ChinaCharles (Yingjie) Zha, VP & GM Navitas China and Ron Shelton, CFO To attend, please contact Nicole Yang, CICC Research Department at [email protected] China RenaissanceAugust 24th, 9pm US eastern / August 25th 9am Hong Kong/ChinaGene Sheridan, CEO, Ron Shelton, CFO and Stephen Oliver, VP Corporate Marketing & IR To attend, please contact Annie Liu, Corporate Access at [email protected] Jefferies: Jefferies Semiconductor, IT Hardware & Communications Technology SummitAugust 29th, 1-on-1 meetings, Four Seasons Hotel, Chicago, IL. Ron Shelton, CFO and Stephen Oliver, VP Corporate Marketing & IR. Deutsche Bank: 2023 Technology ConferenceAugust 30th, 1-on-1 meet...