indie Semiconductor beats Q2 revenue expectations

indie Semiconductor

07/08/2025 21:42

Overview

indie Semiconductor Q2 revenue of $51.6 mln beats analyst expectations

Reports Non-GAAP operating loss of $14.5 mln

Co to acquire emotion3D, enhancing vision software capabilities

Outlook

Company expects Q3 2025 revenue between $52 mln and $56 mln

indie Semiconductor anticipates Q3 non-GAAP gross margin of 49% to 50%

Result Drivers

ADAS MOMENTUM - Strong demand for ADAS products, including radar solutions, contributed to revenue growth

VISION PROCESSOR - Commenced production of iND880 vision processor for Camera Monitoring System applications

ACQUISITION - Strategic acquisition of emotion3D to enhance vision software capabilities

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$51.60 mln
$51.40 mln (7 Analysts)
Q2 Adjusted Operating Income
Beat
-$14.50 mln
-$17.30 mln (6 Analysts)
Q2 Operating Income
-$43 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the semiconductors peer group is "buy"

Wall Street's median 12-month price target for indie Semiconductor Inc is $6.00, about 39.5% above its August 6 closing price of $3.63

Press Release: ID:nBw7VCQXCa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)