Indie Semiconductor: Q1 Earnings Insights

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Indie Semiconductor INDI reported its Q1 earnings results on Thursday, May 11, 2023 at 04:30 PM.

Here's what investors need to know about the announcement.

Earnings

Indie Semiconductor beat estimated earnings by 9.09%, reporting an EPS of $-0.1 versus an estimate of $-0.11.

Revenue was up $18.45 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 8.44% increase in the share price the next day.

Here's a look at Indie Semiconductor's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.09 -0.11 -0.12 -0.12
EPS Actual -0.10 -0.10 -0.11 -0.11
Revenue Estimate 32.93M 29.98M 25.55M 21.57M
Revenue Actual 33.03M 30.02M 25.75M 22.00M

To track all earnings releases for Indie Semiconductor visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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