indie Semiconductor Inc reports results for the quarter - Earnings Summary

• indie Semiconductor Inc INDI.OQ reported a quarterly adjusted loss of 9 cents​​ per share for the quarter , lower than the same quarter last year, when the company reported EPS of -8 cents. The mean expectation of seven analysts for the quarter was for a loss of 9 cents per share. Wall Street expected results to range from -10 cents to -8 cents per share.

• Revenue fell 10.8% to $53.97 million from a year ago; analysts expected $53.58 million.

• indie Semiconductor Inc's reported EPS for the quarter was a loss of 28 cents​.

• The company reported a quarterly loss of $49.68 million.

• indie Semiconductor Inc shares had fallen by 14.0% this quarter and lost 57.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged 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 8 "strong buy" or "buy," no "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 November 8 at 09:46 p.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)