Recap: Indie Semiconductor Q3 Earnings

Indie Semiconductor (NASDAQ:INDI) reported its Q3 earnings results on Thursday, November 9, 2023 at 04:30 PM. Here’s what…

Indie Semiconductor (NASDAQ:INDI) reported its Q3 earnings results on Thursday, November 9, 2023 at 04:30 PM.

Here’s what investors need to know about the announcement.

Earnings

Indie Semiconductor reported in-line EPS of $-0.08 versus an estimate of $-0.08.

Revenue was up $30.46 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 5.49% drop in the share price the next day.

Here’s a look at Indie Semiconductor’s past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -0.09 -0.11 -0.09 -0.11
EPS Actual -0.10 -0.10 -0.10 -0.10
Revenue Estimate 52.01M 40.00M 32.93M 29.98M
Revenue Actual 52.11M 40.45M 33.03M 30.02M

To track all earnings releases for Indie Semiconductor visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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