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indie Semiconductor Reports Fourth Quarter 2024 Earnings

1. Q4 revenue rose 7.5% to $58M; non-GAAP margin held flat at 50.4%. 2. GAAP operating loss widened to $33.9M, potentially impacting investor sentiment.

Earnings
-12.79%Current Return
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-1.72%S&P 500
$3.9102/20 04:49 PM EDTEvent Start
$3.4102/21 11:03 PM EDTLatest Updated
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FAQ

Why Neutral?

While revenue growth and margin stability are positives, the widening GAAP loss raises concerns. Historically, semiconductor firms with mixed quarterly earnings have seen muted stock responses when non-GAAP metrics improve but GAAP losses worsen.

How important is it?

Earnings releases are pivotal drivers for stock price movements. In this case, modest revenue improvements are counterbalanced by a significant GAAP loss increase, making the overall impact moderate.

Why Short Term?

Earnings reports typically drive near-term investor reactions in the semiconductor space, as seen in previous earnings announcements.

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NXPION
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.

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