indie Semiconductor Inc expected to post a loss of 8 cents a share - Earnings Preview

indie Semiconductor

08/05/2024 03:54

* indie Semiconductor Inc  INDI.OQ   INDI.O  is expected
to show a
rise in quarterly revenue when it reports  results on May 9 for
the period ending March 31 2024
    * The Aliso Viejo California-based  company is expected to
report
a 38.8% increase in revenue to $56.167 million from $40.45
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for indie Semiconductor Inc
is for
a loss of 8 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for indie
Semiconductor Inc is $10.00​, above​ its last closing price
of $6.01. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  -0.01       -0.01      -0.01     Met     -9.4
 Jan. 1 2023   -0.08       -0.08      -0.08     Met     0
 Jun. 30 2023  -0.09       -0.09      -0.10     Missed  -11.1​
 Mar. 31 2023  -0.11       -0.11      -0.10     Beat    9
 ​​Dec.        -0.09       -0.09      -0.11     Missed  -21.3
 31 2022                                                
 Sep. 30 2022  -0.11       -0.11      -0.10     Beat    8.3​
 Jun. 30 2022  -0.12       -0.12      -0.11     Beat    12
 Mar. 31 2022  -0.12       -0.12      -0.11     Beat    5.2
 This summary was machine generated May 8 at 02:54 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)