indie Semiconductor, Inc. (INDI) Misses Q1 EPS by 10c

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indie Semiconductor Reports First Quarter 2025 Results

May 12, 2025 4:30 PM EDT

Delivers 3% Year-over-year Top Line Growth to $54.1 million with Non-GAAP Gross Margin of 49.5% Continued strong ADAS design-win momentum despite challenging market conditions Announces restructuring plan to increase operational efficiencies and accelerate path to profitability

ALISO VIEJO, Calif.--(BUSINESS WIRE)-- indie Semiconductor, Inc. (Nasdaq: INDI), an automotive solutions innovator, today announced first quarter results for the period ended March 31, 2025. Q1 revenue was up 3.3 percent year-over-year to $54.1 million with Non-GAAP gross margin of 49.5 percent. On a GAAP basis, first quarter 2025 operating loss was $38.9 million... More