indie Semiconductor, Inc. (INDI) Tops Q1 EPS by 19c

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Go back to indie Semiconductor, Inc. (INDI) Tops Q1 EPS by 19c

indie Semiconductor Achieves High End of Revenue Guidance Range in Q1 2022

May 12, 2022 4:30 PM EDT

Delivers 171% Year-over-Year and 16% Sequential Revenue Growth to a Record $22.0M Expands Non-GAAP Gross Margin to 47.4%, up 710 Basis Points Year-over-Year and 110 Basis Points Sequentially Guides Q2 2022 to a $100M Annualized Revenue Run-rate with Further Non-GAAP Gross Margin Expansion

ALISO VIEJO, Calif.--(BUSINESS WIRE)-- indie Semiconductor, Inc. (Nasdaq: INDI), an Autotech solutions innovator, today announced first quarter results for the period ended March 31, 2022. First quarter revenue was up 171 percent from the same period a year ago and 16 percent sequentially to a record $22.0... More