indie Semiconductor, Inc. (INDI) Tops Q2 EPS by 12c

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indie Semiconductor Exceeds Q2 2021 Expectations and Reaffirms Strategic Outlook

August 10, 2021 4:30 PM EDT

Delivered 148% Year-over-Year Revenue Growth Exited the Quarter with $354 million in Cash and Cash Equivalents Guides to 30% Sequential Top Line Growth with Further Non-GAAP Gross Margin Expansion in Q3 2021

ALISO VIEJO, Calif.--(BUSINESS WIRE)-- indie Semiconductor, Inc. (Nasdaq: INDI), an Autotech solutions innovator, today announced results for the second quarter ended June 30, 2021. Second quarter revenue grew to a record $9.2 million, up 148 percent from the year ago period. Non-GAAP gross margin expanded 140 basis points from June 2020 levels to 42.1 percent. On a GAAP basis, second... More