Navitas Semiconductor (NVTS) reported a Q2 adjusted loss late Tuesday of $0.04 per diluted share, narrowing from a loss of $0.05 a year earlier.

Analysts polled by FactSet expected a non-GAAP loss of $0.04 a share.

Revenue for the quarter ended June 30 was $10.5 million, down from $14.5 million a year ago.

Analysts surveyed by FactSet expected $10 million.

For Q3, the company expects revenue of $13.5 million, plus or minus $500,000.

Analysts polled by FactSet expect $11.1 million.