earnings
confidence high
sentiment neutral
materiality 0.65
indie Semiconductor Q2 2024 revenue $52.4M flat YoY, GAAP loss per share $0.11, guides Q3 revenue up ~2.5%
indie Semiconductor, Inc.
2024-Q2 EPS reported
-$0.30
revenue$104,708,000
- Q2 revenue $52.4M flat YoY; Non-GAAP gross margin 50.3%.
- GAAP operating loss $36.6M vs $40.7M prior year; Non-GAAP operating loss $17.2M vs $16.3M.
- GAAP EPS loss $0.11; Non-GAAP EPS loss $0.09.
- Guides Q3 2024 revenue up ~2.5% sequentially; radar and vision programs on track for 2025 revenue ramp.
- Secured AEB design wins at three global OEMs; 400 million device shipments milestone.