Navitas Semiconductor (NVTS) reported a Q3 adjusted loss late Tuesday of $0.03 per diluted share, narrowing from a loss of $0.05 a year earlier.

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

Revenue for the quarter ended Sept. 30 was $14.0 million, up from $10.1 million a year ago.

Analysts expected $13.4 million.

For Q4, the firm expects revenue of $15.5 million to $16.5 million.

Analysts expected $15.1 million.