Navitas Semiconductor (NASDAQ:NVTS) reported quarterly losses of $(0.04) per share which met the analyst consensus estimate. This is a 20 percent increase over losses of $(0.05) per share from the same period last year. The company reported quarterly sales of $10.529 million which beat the analyst consensus estimate of $9.969 million by 5.61 percent. This is a 27.34 percent decrease over sales of $14.490 million the same period last year.