secwatch.observer — SEC 8-K summary
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Issuer:     indie Semiconductor, Inc. (INDI)
CIK:        0001841925
Form:       8-K
Filed at:   2023-08-10T23:59:59+00:00
Accession:  0001628280-23-028901
Event type: earnings
Sentiment:  positive
Materiality: 0.90
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

indie Semiconductor Q2 revenue $52.1M (+102% YoY); guides Q3 to $60M; Bosch win
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- Q2 revenue $52.1M, up 102% YoY and 29% sequentially; GAAP operating loss $40.7M.
- Non-GAAP gross margin 52.2%, up 363 bps YoY; Non-GAAP operating loss $16.3M.
- Secured large program win at Bosch for occupant monitoring, initially supporting Toyota/Lexus.
- Q3 guidance: revenue ~$60M (up 100% YoY, 15% sequentially); targeting non-GAAP op income in Q4.
- Reiterates plan to more than double revenue in 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1841925/000162828023028901/0001628280-23-028901-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1841925/000162828023028901/indi-20230810.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-028901

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