Brief: Indie Semiconductor Posts Quarterly EPS Of $0.06

indie Semiconductor

10/08/2021 23:07

Aug 10 (Reuters) - indie Semiconductor Inc  INDI.O :
    * INDIE SEMICONDUCTOR EXCEEDS Q2 2021 EXPECTATIONS AND
REAFFIRMS
STRATEGIC OUTLOOK
    * Q2 REVENUE $9.2 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$9
MILLION
    * ANTICIPATE OUR TOP LINE GROWTH TO OUTPERFORM MARKET WITH
SUSTAINED GROSS MARGIN EXPANSION IN Q3 OF 2021
    * EXPECT 30 PERCENT SEQUENTIAL REVENUE GROWTH AND NON-GAAP
GROSS
MARGIN OF ROUGHLY 43 PERCENT IN Q3
    * AT CURRENTLY EXPECTED GROWTH TRAJECTORY, STAGE IS SET FOR
INDIE
TO NEARLY DOUBLE REVENUE IN 2021
    * QTRLY EARNINGS PER SHARE $0.06

Source text for Eikon:  ID:nBw7648f6a 
Further company coverage:  INDI.O 

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