indie Semiconductor beats Q2 revenue expectations
Overview
indie Semiconductor Q2 revenue of $51.6 mln beats analyst expectations
Reports Non-GAAP operating loss of $14.5 mln
Co to acquire emotion3D, enhancing vision software capabilities
Outlook
Company expects Q3 2025 revenue between $52 mln and $56 mln
indie Semiconductor anticipates Q3 non-GAAP gross margin of 49% to 50%
Result Drivers
ADAS MOMENTUM - Strong demand for ADAS products, including radar solutions, contributed to revenue growth
VISION PROCESSOR - Commenced production of iND880 vision processor for Camera Monitoring System applications
ACQUISITION - Strategic acquisition of emotion3D to enhance vision software capabilities
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue | Beat | $51.60 mln | $51.40 mln (7 Analysts) |
Q2 Adjusted Operating Income | Beat | -$14.50 mln | -$17.30 mln (6 Analysts) |
Q2 Operating Income | -$43 mln |
Analyst Coverage
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 "buy"
Wall Street's median 12-month price target for indie Semiconductor Inc is $6.00, about 39.5% above its August 6 closing price of $3.63
Press Release:
