indie Semiconductor Inc reports results for the quarter ended in March - Earnings Summary

indie Semiconductor

11/05/2023 23:30

* indie Semiconductor Inc  INDI.OQ  reported a quarterly
adjusted
loss of 10 cents​​ per share for the quarter ended in March. The
mean expectation of six analysts for the quarter was for a loss
of 11 cents per share.
    * Revenue rose 83.9% to $40.45 million from a year ago;
analysts
expected $40.00 million. 
    * indie Semiconductor Inc's reported EPS for the quarter was
a
loss of 55 cents​.
    * The mean earnings estimate of analysts had fallen by
about 24.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * indie Semiconductor Inc shares had fallen by 24.2% this
quarter and gained 37.2% so far this year.
    * The company reported a quarterly loss of $72.75 million.
    * Wall Street's median 12-month price target for indie
Semiconductor Inc is $14.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
11 at 10:30 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.11          -0.10          Beat
 Dec. 31 2022      -0.09          -0.11          Missed
 Sep. 30 2022      -0.11          -0.10          Beat
 Jun. 30 2022      -0.12          -0.11          Beat