These Analysts Slash Their Forecasts On Indie Semiconductor Following Weak Sales
1. INDI's Q1 sales of $54.08M missed expectations of $54.73M. 2. Earnings report showed a loss of 8 cents per share. 3. Q2 sales guidance lowered to $50M-$53M, below analyst estimates. 4. Analysts set new price targets, lowering them to $6. 5. Company highlights resilience and future growth despite challenges.