indie Semiconductor Q3 revenue $30M (+147% YoY); non-GAAP gross margin 50.4%; backlog $4.3B

indie Semiconductor, Inc.

2022-Q3 EPS reported -$0.27 revenue$77,770,000

Record Q3 revenue $30.0M, up 147% YoY and 17% sequentially; non-GAAP gross margin 50.4% (beat 50% guidance).
GAAP operating loss $25.9M vs $21.3M YoY; non-GAAP operating loss $15.8M vs $11.5M.
Strategic backlog grew to $4.3B, more than doubling from $2.0B in 2020; design wins in ADAS, EV, radar, vision.
Q4 2022 guidance: revenue annualized run-rate ~$132M (approx. $33M quarterly); non-GAAP gross margin expanding to ~51%.
Commended volume production of industry's most integrated USB-PD programmable controller Power SoC; won LiDAR awards.

item 2.02 item 8.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

indie Semiconductor, Inc. reported the third quarter ended September 30, 2022 results: revenue $30.0 million. Guidance reaffirmed.

Period: the third quarter ended September 30, 2022
Revenue: $30.0 million
Guidance: reaffirmed
Result: reported results

Exact text from the filing

third quarter results for the period ended September 30, 2022. Third quarter revenue was up 147 percent from the same period a year ago and 17 percent sequentially to a record $30.0 million. Non-GAAP gross margin expanded 740 basis points year-over-year and 180 basis points sequentially to 50.4 percent, better than indie’s 50.0 percent guidance for the quarter. On a

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Source: SEC EDGAR

accession 0001628280-22-029518

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