Navitas Semiconductor (NASDAQ:NVTS) reported quarterly losses of $(0.04) per share which beat the analyst consensus estimate of $(0.05) by 20 percent. This is a 33.33 percent increase over losses of $(0.06) per share from the same period last year. The company reported quarterly sales of $8.598 million which beat the analyst consensus estimate of $8.173 million by 5.20 percent. This is a 38.66 percent decrease over sales of $14.018 million the same period last year.