Indie Semiconductor reports Q2 EPS (8c), consensus (8c)

Reports Q2 revenue $51.634M, consensus $51.48M. “In Q2, indie delivered results above the midpoint of our outlook, demonstrating continued resilience in a challenging environment,” said Donald McClymont, indie’s co-founder and chief executive officer. “Momentum in ADAS is strong. Our flagship radar solution is progressing well with excellent customer feedback from global field trials which are nearing completion, after which production starts. The vision portfolio achieved key milestones including first cameras shipping in humanoid robot applications. Our technology leadership across radar and vision continues to strengthen, positioning indie to capitalize on the long-term growth in vehicle semiconductor content.”