Navitas Semiconductor (NASDAQ:NVTS) reported quarterly losses of $(0.05) per share which met the analyst consensus estimate. This is a 16.67 percent increase over losses of $(0.06) per share from the same period last year. The company reported quarterly sales of $7.296 million which beat the analyst consensus estimate of $6.950 million by 4.98 percent. This is a 59.42 percent decrease over sales of $17.978 million the same period last year.