indie Semiconductor (INDI) Reports In-Line Q2 EPS

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Go back to indie Semiconductor (INDI) Reports In-Line Q2 EPS

indie Semiconductor Exceeds Q2 2023 Growth Expectations

August 10, 2023 4:30 PM EDT

Delivers Q2 Revenue of $52.1M, up 102% YoY and 29% Sequentially Expands Non-GAAP Gross Margin 363 Basis Points YoY to 52.2% Secures Large Program Win at Bosch Guides Q3 2023 Revenue up 100% YoY and 15% Sequentially to a $240M Annualized Run-rate Reiterates Plan to Reach Non-GAAP Operating Income in Q4 and More Than Double Revenue in 2023

ALISO VIEJO, Calif.--(BUSINESS WIRE)-- indie Semiconductor, Inc. (Nasdaq: INDI), an Autotech solutions innovator, today announced Q2 results for the period ended June 30, 2023.... More