secwatch.observer — SEC 8-K summary
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Issuer:     indie Semiconductor, Inc. (INDI)
CIK:        0001841925
Form:       8-K
Filed at:   2024-02-22T23:59:59+00:00
Accession:  0001628280-24-006387
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Indie Semiconductor reports record Q4 revenue of $70.1M, up 112% YoY; non-GAAP EPS loss $0.01
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- Q4 revenue $70.1M (+112% YoY, +16% sequential), within prior guidance range.
- Non-GAAP gross margin 52.7% (+50 bps YoY); GAAP operating loss improved to $20.6M from $29.0M.
- GAAP EPS loss $0.09; non-GAAP EPS loss $0.01, in line with guidance and consensus.
- Full year 2023 revenue $223.2M (+101% YoY); non-GAAP gross margin 52.5% (+260 bps).
- Secured in-cabin monitoring programs at BMW, Ford, GM, Toyota and smart connectivity win at leading EV OEM.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1841925/000162828024006387/0001628280-24-006387-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1841925/000162828024006387/indi-20240222.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-006387

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