secwatch.observer — SEC 8-K summary
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Issuer:     indie Semiconductor, Inc. (INDI)
CIK:        0001841925
Form:       8-K
Filed at:   2022-11-10T23:59:59+00:00
Accession:  0001628280-22-029518
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1841925/000162828022029518/0001628280-22-029518-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1841925/000162828022029518/indi-20221110.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-029518

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer