indie Semiconductor

indie Semiconductor, Inc. provides automotive semiconductor and software solutions for Advanced Driver Assistance Systems (ADAS) including LiDAR, connected car, user experience and electrification applications. Its technologies represent the core underpinnings of both electric and autonomous vehicles, while the advanced user interfaces transform the in-cabin experience to mirror and seamlessly connect to the mobile platforms. The company was founded by Donald McClymont, Ichiro Aoki, Scott Kee, and David Kang on February 9, 2007 and is headquartered in Aliso Viejo, CA.

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indie Semiconductor reports record Q4 revenue growth and strategic acquisitions

indie Semiconductor's Q4 2022 performance reflects strong revenue growth, expanded gross margin, and strategic initiatives to drive future profitability and market expansion.
While facing challenges in losses and operational efficiency, indie's focus on synergies with GEO Semiconductor and revenue growth opportunities position the company for long-term success.
By leveraging its financial strength, strategic acquisitions, and market opportunities, indie Semiconductor aims to achieve profitability and sustained growth in the coming quarters.

indie Semiconductor excels in Q1, eyes profitability with innovative Autotech

indie Semiconductor's strong Q1 performance, focus on Autotech solutions, and design wins momentum position it well for future growth. The company's innovative approach to automotive technology and strategic acquisitions are driving its success. While challenges exist in maintaining growth and profitability, opportunities for expansion through customer engagements and technology advancements are promising.

Indie Semiconductor reports stellar Q2 growth and eyes profitability

Indie Semiconductor's Q2 earnings call showcased strong financial performance, strategic wins, and a clear roadmap for future growth. The company's focus on cutting-edge technologies, expanding product offerings, and plans for profitability by Q4 highlight its resilience and potential in the automotive semiconductor industry.

indie Semiconductor surpasses Q3 expectations, eyes EBITDA breakeven amid growth

indie Semiconductor's exceptional Q3 performance, strategic wins, and focus on innovation position the company for continued growth and market leadership.
While facing competitive challenges and the goal of achieving EBITDA breakeven, indie Semiconductor remains optimistic about accelerated top-line growth and market opportunities.
With a diverse product portfolio, technological advancements, and a positive industry outlook, indie Semiconductor is poised for success in the dynamic automotive semiconductor market.

Indie Semiconductor reports record Q4 earnings, eyes Autotech growth

Indie Semiconductor delivered impressive financial performance in Q4 2023, showcasing strong revenue growth, gross margin, and progress towards profitability. Despite near-term industry challenges, the company's strategic focus on innovation and partnerships bodes well for future growth and market positioning.

indie Semiconductor reports resilient Q1 performance amidst automotive market challenges

Despite market headwinds, indie Semiconductor's strategic outlook remains strong, supported by sustained design win momentum and a focus on innovation. The company aims for EBITDA profitability by Q4 and plans for significant growth in 2025 driven by AI solutions and design wins.

Indie Semiconductor exceeds Q3 revenue expectations, eyes growth opportunities

Indie Semiconductor's Q3 2024 earnings call highlighted strong revenue performance, progress in ADAS, and a positive long-term outlook. The company faces challenges in managing operating losses but is focused on efficiency and cost initiatives. Opportunities for growth lie in radar programs, regulatory advantages, and backlog expansion.

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indie Semiconductor, Inc. is an autotech company, which engages in the provision of automotive semiconductor and software solutions for Advanced Driver Assistance Systems (ADAS) including LiDAR, connected car, user experience and electrification applications. Its technologies represent the core underpinnings of both electric and autonomous vehicles, while the advanced user interfaces transform the in-cabin experience to mirror and seamlessly connect to the mobile platforms. The company was founded by Donald McClymont, Ichiro Aoki, Scott Kee, and David Kang on February 9, 2007 and is headquartered in Aliso Viejo, CA.

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Clear Skies Ahead: How Radar Sensor Market is Paving the Way for Safer Driving

Integration leverages Eyeris' recently introduced monocular 3D sensing AI software and indie's intelligent vision processor MOUNTAIN VIEW, Calif. , March 16, 2023 /PRNewswire/ -- Eyeris Technologies, Inc., a global leader for in-cabin sensing AI and sensor fusion solutions, announced today its collaboration with indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, on the integration of Eyeris' advanced monocular 3D sensing AI software with indie's intelligent vision processor system-on-chip (SoC) using 2D image sensors.

Eyeris and indie Semiconductor Collaborate on Integration of In-cabin Monocular 3D AI Solution to Improve Vehicle Safety and Comfort

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indie Semiconductor turned in an impressive-looking financial report to close out 2022. Another acquisition is fueling growth to kick off 2023.

This Automotive Tech Stock Is Up 80% So Far in 2023 -- Is It Too Late to Buy?

ALISO VIEJO, Calif. & FRANKFURT AN DER ODER, Germany--(BUSINESS WIRE)--indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator has announced it has acquired Silicon Radar GmbH, a German-based specialist in advanced, highly integrated, high-frequency system-on-chips (SoCs) for automotive radar applications. “Radar is a fundamental sensor modality for ADAS and automotive safety applications,” said Donald McClymont, indie's co-founder and CEO.

indie Semiconductor Acquires Silicon Radar GmbH

indie Semiconductor reported another strong quarter with revenues surging 74% YoY. The GEO acquisition adds a strong automotive camera business for an initial payment of only $180 million.

indie Semiconductor: Riding Auto Megatrends Higher

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indie's acquisition of GEO Semiconductor brought many positives, including new customers, new capabilities and an accelerated path to profitability. B Riley Securities upgraded indie to a Buy rating and increased their Price Target for indie by 58% to $13 as a result of the acquisition.

indie Semiconductor: Emerging AutoTech Player Reaching Profitability While In Hypergrowth Stage

indie Semiconductor, Inc. (NASDAQ:INDI ) Q4 2022 Earnings Conference Call February 16, 2023 5:00 PM ET Company Participants Ashish Gupta - IR Donald McClymont - Co-Founder and CEO Tom Schiller - CFO and EVP, Strategy Conference Call Participants Suji Desilva - ROTH Anthony Stoss - Craig-Hallum Ross Seymore - Deutsche Bank Craig Ellis - B. Riley Securities Cody Acree - Benchmark Operator Good afternoon and welcome to indie Semiconductor's Fourth Quarter and Year End 2022 Earnings Call.

indie Semiconductor, Inc. (INDI) Q4 2022 Earnings Call Transcript

indie Semiconductor, Inc. (INDI) delivered earnings and revenue surprises of -11.11% and 0.30%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Indie Semiconductor, Inc. (INDI) Reports Q4 Loss, Tops Revenue Estimates

ALISO VIEJO, Calif.--(BUSINESS WIRE)--indie Semiconductor, Inc. (Nasdaq: INDI), an Autotech solutions innovator, today announced fourth quarter and year end results for the period ended December 31, 2022. Fourth quarter revenue was up 74 percent from the same period a year ago and 10 percent sequentially to a record $33.0 million, slightly ahead of consensus estimates. Non-GAAP gross margin expanded 590 basis points year-over-year and 180 basis points sequentially to 52.

indie Semiconductor Achieves Record Q4 and 2022 Results

ALISO VIEJO, Calif. & SAN JOSE, Calif.--(BUSINESS WIRE)--indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, today announced it has entered a definitive agreement to purchase GEO Semiconductor, Inc., a market leader in video processors for automotive cameras.

indie to Acquire GEO Semiconductor

Indie Semiconductor, Inc. (INDI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Will indie Semiconductor, Inc. (INDI) Report Negative Earnings Next Week? What You Should Know

indie aims to have a comprehensive portfolio of automotive semiconductors and software solutions and focuses on the fastest growth mega trends in auto (electrification, ADAS and user experience). Fabless business model helps reduce capital expenditures, allows indie to focus on its core expertise in engineering and design as well as rapid scaling when needed.

indie Semiconductor: Emerging AutoTech Player Is Well Positioned For Long-Term Growth

ALISO VIEJO, Calif.--( BUSINESS WIRE )--indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, plans to conduct a conference call with analysts to discuss its fourth quarter 2022 results and business outlook on February 16, 2023 at 5:00 p.m. Eastern time.

indie Semiconductor Sets Date for Fourth Quarter and 2022 Earnings Release and Conference Call

ALISO VIEJO, Calif.--( BUSINESS WIRE )--indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator has announced a strategic partnership with Seeing Machines, a leading computer vision technology company, to complement development of advanced vision processors for driver and vehicle occupant monitoring.

indie Semiconductor Announces Strategic Partnership with Seeing Machines

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ALISO VIEJO, Calif.--( BUSINESS WIRE )--indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, has announced its first system-on-chip (SoC) for external automotive lighting. The new iND83080 is a highly integrated LED matrix controller that simplifies the design and reduces the cost of advanced, high-definition exterior lighting applications where individual LEDs are turned on and off to deliver pixel-level control.

indie Launches Ground-breaking Automotive Controller for Exterior Lighting Applications

Indie Semiconductor is putting up big numbers, but the stock should be handled with care.

Up 20% in the Last Month, Is This Small Auto Supplier Stock a Buy Now?

ALISO VIEJO, Calif.--( BUSINESS WIRE )--indie Semiconductor, Inc. (“indie” or “we”) (NASDAQ: INDI), an Autotech solutions innovator, today announced that it plans to offer, subject to market and other conditions, $125 million aggregate principal amount of its Convertible Senior Notes due 2027 (the “notes”) through a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). indie expects to grant the initial purchasers in the offering an option to purchase, exercisable within the 30-day period immediately following the pricing date of the offering, up to an additional $18.75 million aggregate principal amount of notes. indie also announced today that its Board of Directors has authorized the repurchase, from time to time, of up to $50 million of indie's Class A common stock (the “common stock”) (inclusive of any concurrent repurchase of shares of common stock described below) and/or warrants to purchase common stock.

indie Semiconductor Announces Proposed Convertible Senior Notes Offering and $50 million Repurchase Authorization

indie Semiconductor, Inc. (NASDAQ:INDI ) Q3 2022 Earnings Conference Call November 10, 2022 5:00 PM ET Company Participants Ashish Gupta - Investor Relations Don McClymont - Co-Founder & Chief Executive Officer Tom Schiller - Chief Financial Officer & Executive Vice President, Strategy Conference Call Participants Suji Desilva - Roth Capital Ross Seymore - Deutsche Bank Anthony Stoss - Craig-Hallum Craig Ellis - B. Riley Securities Operator Good afternoon, ladies and gentlemen, and welcome to indie Semiconductor's Third Quarter 2022 Earnings Call.

indie Semiconductor, Inc. (INDI) Q3 2022 Earnings Call Transcript

ALISO VIEJO, Calif.--( BUSINESS WIRE )--indie Semiconductor, Inc. (Nasdaq: INDI), an Autotech solutions innovator, today announced third quarter results for the period ended September 30, 2022. Third quarter revenue was up 147 percent from the same period a year ago and 17 percent sequentially to a record $30.0 million. Non-GAAP gross margin expanded 740 basis points year-over-year and 180 basis points sequentially to 50.4 percent, better than indie's 50.0 percent guidance for the quarter. On a GAAP basis, third quarter 2022 operating loss was $25.9 million compared to $21.3 million in the year ago timeframe. Non-GAAP operating loss for the third quarter of 2022 was $15.8 million versus $11.5 million during the same period last year, reflecting deeper R&D, sales and marketing investments as well as public company infrastructure expenses.

indie Semiconductor Exceeds Q3 2022 Bottom Line Expectations

Current strategic backlog of $2.6 billion is 100 times 2Q22 revenues. The disclosure of the new strategic backlog number in 3Q22 will be a huge catalyst for the stock given recent strong design wins and improving sales channels.

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