Indie Semiconductor Q1 2024 Adj EPS $(0.10) Misses $(0.08) Estimate, Sales $52.353M Miss $56.167M Estimate

5/9/24 4:49:14 PM ET

Semiconductors

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Indie Semiconductor (NASDAQ:INDI) reported quarterly losses of $(0.10) per share which missed the analyst consensus estimate of $(0.08) by 25 percent. This is unchanged from the same period last year. The company reported quarterly sales of $52.353 million which missed the analyst consensus estimate of $56.167 million by 6.79 percent. This is a 29.42 percent increase over sales of $40.452 million the same period last year.

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Recent Analyst Ratings for
$INDI

Date	Price Target	Rating	Analyst
2/23/2024	$12.00 → $10.00	Buy	Craig Hallum
12/1/2023	$15.00	Market Outperform	CJS Securities
2/14/2023	$10.00 → $13.00	Neutral → Buy	B. Riley Securities
6/15/2022	$9.00 → $8.00	Buy → Neutral	B. Riley Securities
5/13/2022	$17.00	Buy	The Benchmark Company
10/20/2021	$18.00	Overweight	Keybanc
8/24/2021	$18.00	Buy	B. Riley Securities
8/11/2021	$17.00	Buy	The Benchmark Company

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indie Semiconductor's Latest Vision Processor Design-win Momentum Accelerates, Awarded Sensor Innovation of the Year
indie Semiconductor (NASDAQ:INDI), an automotive solutions innovator, announces that its latest generation iND880 camera video processor system-on-chip (SoC) family continues to secure significant design-win momentum with global original equipment manufacturers (OEMs), and has now been recognized as "Auto Sensor Innovation of the Year" by AutoTech Breakthrough Awards. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241015179928/en/(Photo: Business Wire) Introduced earlier this year, the iND880 SoC family redefines vision-based Advanced Driver Assistance System (ADAS) capabilities, setting new benchmarks in active sensing performan
10/15/24 8:00:00 AM ET
$INDI
Semiconductors
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indie Semiconductor Sets Date for Third Quarter 2024 Earnings Release and Conference Call
indie Semiconductor (NASDAQ:INDI), an automotive solutions innovator, plans to conduct a conference call with analysts to discuss its third quarter 2024 results and business outlook on November 7, 2024 at 5:00 p.m. Eastern time. After the close of the market on November 7 and prior to the conference call, indie will issue a copy of the earnings press release via Business Wire. The press release may also be viewed on indie's website at https://investors.indiesemi.com/news. To listen to the conference call via the Internet, please go to the Financials tab on the Investors page of indie's website. To listen to the conference call via telephone, please call (877) 451-6152 (domestic) or (201)
10/9/24 4:15:00 PM ET
$INDI
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indie Semiconductor Announces New Employee Inducement Grants
indie Semiconductor (NASDAQ:INDI), an automotive solutions innovator, today announced that it has granted equity awards (the "Inducement Grants") under its 2023 Inducement Incentive Plan to new employees who joined indie. The grants were previously approved by the Compensation Committee of the Board of Directors of indie Semiconductor. Information regarding the equity awards can be found on the company's investor relations website at: https://investors.indiesemi.com/news/default.aspx About indie indie is empowering the automotive revolution with next generation semiconductors and software platforms. We focus on developing innovative, high-performance and energy-efficient technology for AD
9/20/24 4:15:00 PM ET
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indie Semiconductor Strengthens its Management Team with the Appointment of Mark Tyndall as Executive Vice President of Corporate Development and Investor Relations
indie Semiconductor, Inc. (NASDAQ:INDI), an Autotech solutions innovator, today announced the appointment of Mark Tyndall as Executive Vice President responsible for Corporate Development and Investor Relations. Mr. Tyndall brings a wealth of semiconductor industry experience to indie from senior leadership roles at Dialog Semiconductor, MIPS Technologies, and Infineon Technologies, and most recently, as a founding semiconductor partner of Alexa Capital. At Dialog Semiconductor, he was SVP of Corporate Development, where he played a key role in driving the company's growth over a period of 14 years. He executed multiple acquisitions, including a key technology licensing deal with Apple, d
7/2/24 9:00:00 AM ET
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Semiconductors
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indie Semiconductor Acquires EXALOS AG
Expands indie's ADAS and User Experience Portfolio with Breakthrough Near Infrared and Visible Superluminescent LED (SLED) as well as Semiconductor Optical Amplifier (SOA) Products Accelerates Design-in Opportunities with Premier Tier One and Automotive OEMs Expected to be Financially Neutral to 2H 2023 and Accretive in 2024 indie Semiconductor (NASDAQ:INDI), an Autotech solutions innovator, today announced it has entered into a definitive agreement and completed the acquisition of privately held EXALOS AG, a Swiss photonics company, specializing in the design of high-performance optical semiconductors. This press release features multimedia. View the full release here: https://w
9/18/23 4:05:00 PM ET
$INDI
Semiconductors
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Altus Power, Inc. Announces Appointment of Diane Brink to Board of Directors
Altus Power, Inc. ("Altus Power" or the "Company") (NYSE:AMPS), the premier independent developer, owner and operator of commercial-scale solar facilities, today announced that Diane Brink has joined its Board of Directors. Ms. Brink will additionally chair the Compensation Committee and serve as a member of the Audit Committee. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230124005225/en/(Photo: Business Wire) "Diane's proven track record leading marketing and customer experience complements the skill set of our current Board of Directors," said Christine Detrick, Chairperson of Altus Power. "Altus Power is in the business of
1/24/23 4:30:00 PM ET
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indie Semiconductor Sets Date for Third Quarter 2024 Earnings Release and Conference Call
indie Semiconductor (NASDAQ:INDI), an automotive solutions innovator, plans to conduct a conference call with analysts to discuss its third quarter 2024 results and business outlook on November 7, 2024 at 5:00 p.m. Eastern time. After the close of the market on November 7 and prior to the conference call, indie will issue a copy of the earnings press release via Business Wire. The press release may also be viewed on indie's website at https://investors.indiesemi.com/news. To listen to the conference call via the Internet, please go to the Financials tab on the Investors page of indie's website. To listen to the conference call via telephone, please call (877) 451-6152 (domestic) or (201)
10/9/24 4:15:00 PM ET
$INDI
Semiconductors
Technology
indie Semiconductor Reports Second Quarter 2024 Results
Q2 2024 Revenue of $52.4 million within Outlook range with Non-GAAP Gross Margin of 50.3% Guides Q3 2024 Revenue up 2.5% sequentially at the midpoint Radar and Vision programs at Key Customers remain firmly on track for 2025 Revenue ramp Continued design win success across the portfolio at Global Automotive OEM's indie Semiconductor, Inc. (NASDAQ:INDI), an Automotive solutions provider, today announced second quarter results for the period ended June 30, 2024. Second quarter 2024 revenue was flat to the prior year period at $52.4 million with Non-GAAP gross margin of 50.3 percent. On a GAAP basis, second quarter 2024 operating loss was $36.6 million compared to $40.7 million a
8/8/24 4:30:00 PM ET
$INDI
Semiconductors
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indie Semiconductor Sets Date for Second Quarter 2024 Earnings Release and Conference Call
indie Semiconductor (NASDAQ:INDI), an Autotech solutions innovator, plans to conduct a conference call with analysts to discuss its second quarter 2024 results and business outlook on August 8, 2024 at 5:00 p.m. Eastern time. After the close of the market on August 8 and prior to the conference call, indie will issue a copy of the earnings press release via Business Wire. The press release may also be viewed on indie's website at https://investors.indiesemi.com/news. To listen to the conference call via the Internet, please go to the Financials tab on the Investors page of indie's website. To listen to the conference call via telephone, please call (800) 717-1738 (domestic) or (646) 307
7/9/24 4:15:00 PM ET
$INDI
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Indie Semiconductor Q1 2024 Adj EPS $(0.10) Misses $(0.08) Estimate, Sales $52.353M Miss $56.167M Estimate

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Recent Analyst Ratings for $INDI

$INDI Market Insights

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Indie Semiconductor Says Thomas Schiller, CFO And Executive Vice President, Strategy Is Taking A Temporary Medical Leave Of Absence; Raja Bal Named As Acting CFO - Filing

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$INDI Press Releases

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indie Semiconductor's Latest Vision Processor Design-win Momentum Accelerates, Awarded Sensor Innovation of the Year

indie Semiconductor Sets Date for Third Quarter 2024 Earnings Release and Conference Call

indie Semiconductor Announces New Employee Inducement Grants

$INDI SEC Filings

indie Semiconductor Inc. filed SEC Form 8-K: Leadership Update, Regulation FD Disclosure

SEC Form S-8 filed by indie Semiconductor Inc.

SEC Form 10-Q filed by indie Semiconductor Inc.

$INDI Insider Trading

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SVP Chief Accounting Officer Bal Kanwardev Raja Singh converted options into 69,500 shares and covered exercise/tax liability with 31,553 shares, increasing direct ownership by 323% to 49,680 units (SEC Form 4)

Director Parekh Sonalee Elizabeth converted options into 5,422 shares, increasing direct ownership by 6% to 99,526 units (SEC Form 4)

Director Aldrich David J converted options into 5,422 shares, increasing direct ownership by 4% to 139,226 units (SEC Form 4)

$INDI Analyst Ratings

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$INDI Leadership Updates

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Craig Hallum reiterated coverage on indie Semiconductor with a new price target

CJS Securities initiated coverage on indie Semiconductor with a new price target

indie Semiconductor upgraded by B. Riley Securities with a new price target

indie Semiconductor Strengthens its Management Team with the Appointment of Mark Tyndall as Executive Vice President of Corporate Development and Investor Relations

indie Semiconductor Acquires EXALOS AG

Altus Power, Inc. Announces Appointment of Diane Brink to Board of Directors

$INDI Large Ownership Changes

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Amendment: SEC Form SC 13G/A filed by indie Semiconductor Inc.

SEC Form SC 13G filed by indie Semiconductor Inc.

SEC Form SC 13G/A filed by indie Semiconductor Inc. (Amendment)

$INDI Financials

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indie Semiconductor Sets Date for Third Quarter 2024 Earnings Release and Conference Call

indie Semiconductor Reports Second Quarter 2024 Results

indie Semiconductor Sets Date for Second Quarter 2024 Earnings Release and Conference Call

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