indie Semiconductor Inc reports results for the quarter ended December 31 - Earnings Summary

indie Semiconductor

21/02/2025 02:46

* indie Semiconductor Inc  INDI.OQ  reported a quarterly
adjusted
loss of 7 cents​​ per share for the quarter ended December 31,
lower than the same quarter last year, when the company reported
EPS of -1 cents.  The mean expectation of seven analysts for the
quarter was for a loss of 7 cents per share. Wall Street
expected results to range from -8 cents to -7 cents per share.
    * Revenue fell 17.3% to $58.01 million from a year ago;
analysts
expected $58.21 million. 
    * indie Semiconductor Inc's reported EPS for the quarter was
a
loss of 18 cents​.
    * The company reported a quarterly loss of $33.43 million.
    * indie Semiconductor Inc shares had held steady so far this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 2% in
the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 also "buy"

Wall Street's median 12-month price target for indie
Semiconductor Inc is $8.00 
This summary was machine generated from LSEG data February 21 at
02:45 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      -0.07          -0.07          Met
 Sep. 30 2024      -0.09          -0.09          Met
 Jun. 30 2024      -0.09          -0.09          Met
 Mar. 31 2024      -0.08          -0.11          Missed