Navitas Semiconductor (NASDAQ:NVTS) reported quarterly losses of $(0.03) per share which beat the analyst consensus estimate of $(0.04) by 25 percent. This is a 40 percent increase over losses of $(0.05) per share from the same period last year. The company reported quarterly sales of $13.991 million which beat the analyst consensus estimate of $13.171 million by 6.22 percent. This is a 38.36 percent increase over sales of $10.112 million the same period last year.