indie Semiconductor, Inc. (INDI) Misses Q3 EPS by 20c

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Go back to indie Semiconductor, Inc. (INDI) Misses Q3 EPS by 20c

indie Semiconductor Exceeds Q3 2022 Bottom Line Expectations

November 10, 2022 4:30 PM EST

Posts 147% Year-over-Year and 17% Sequential Revenue Growth to a Record $30.0M Expands Non-GAAP Gross Margin to 50.4%, up 740 Basis Points Year-over-Year and 180 Basis Points Sequentially Guides Q4 2022 Revenue to an Approximately $132M Annualized Run-rate with Further Non-GAAP Gross Margin Expansion into the 51% Range Updates Strategic Backlog to $4.3B, up from $2.6B last year and $2.0B in 2020

ALISO VIEJO, Calif.--(BUSINESS WIRE)-- indie Semiconductor, Inc. (Nasdaq: INDI), an Autotech solutions innovator, today announced third quarter results for the period ended September 30,... More