indie Semiconductor, Inc. is poised for significant growth in ADAS sales starting in 2025, supported by a $7.1 billion backlog and major OEM partnerships. The auto tech company has multiple deals for Vision and Radar products set to ramp up sales by the 2H this year. INDI stock trades at less than 2x 2026 sales targets providing a great opportunity to buy here.
Indie Semiconductor (INDI -9.85%) stock is losing ground Friday following the company's recent earnings report. The tech specialist's share price was down 9.1% as of 11 a.m.
Indie Semiconductor, Inc. (INDI) came out with a quarterly loss of $0.07 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.01 per share a year ago.
ALISO VIEJO, Calif.--(BUSINESS WIRE)--indie Semiconductor, Inc. (Nasdaq: INDI), an automotive solutions innovator, today announced fourth quarter results for the period ended December 31, 2024. Fourth quarter 2024 revenue increased 7.5% sequentially to $58.0 million, at the mid-point of the outlook with Non-GAAP gross margin sequentially flat at 50.4 percent. On a GAAP basis, fourth quarter 2024 operating loss was $33.9 million compared to $21.6 million a year ago. Non-GAAP operating loss for t.
indie Semiconductor specializes in automotive semiconductors and software for advanced driver assistance systems, positioning itself in a high-growth market. The company's focus on innovation and strategic partnerships enhances its competitive edge and growth potential. Risks include market volatility and dependency on the automotive industry's adoption of advanced technologies.
ALISO VIEJO, Calif.--(BUSINESS WIRE)--indie Semiconductor (Nasdaq: INDI), an automotive solutions innovator, plans to conduct a conference call with analysts to discuss its fourth quarter 2024 results and business outlook on February 20, 2025 at 5:00 p.m. Eastern time. After the close of the market on February 20 and prior to the conference call, indie Semiconductor (“indie”) will issue a copy of the earnings press release via Business Wire. The press release may also be viewed on indie's websi.
ALISO VIEJO, Calif.--(BUSINESS WIRE)--indie Semiconductor, Inc. (“indie” or “we”) (NASDAQ: INDI), an automotive solutions innovator, today announced the pricing of its offering of $190 million aggregate principal amount of its 3.50% Convertible Senior Notes due 2029 (the “notes”) through a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The offering was upsized from.
indie Semiconductor NASDAQ: INDI is a small-cap chip stock that has had a rough go of it in 2024. Shares are down 43% this year.
ALISO VIEJO, Calif.--(BUSINESS WIRE)--indie Semiconductor (Nasdaq: INDI), an automotive solutions innovator, today announced that it has granted equity awards (the “Inducement Grants”) under its 2023 Inducement Incentive Plan to new employees who joined indie. The grants were previously approved by the Compensation Committee of the Board of Directors of indie Semiconductor. Information regarding the equity awards can be found on the company's investor relations website at: https://investors.ind.
The highly specialized chipmaker is attempting to shave costs. These efforts have reached the C-suite.