indie Semiconductor Reports Significant Q4 Losses and Revenue Drop

indie Semiconductor, Inc. faces severe challenges in Q4 with a loss of -$33.43 million, marking a deterioration from the previous year's results. The company's stock price may be negatively impacted as investors react to this downturn in earnings and revenue.

Date: 21-02-2025

AI Rating: 4

Earnings Per Share (EPS)
indie Semiconductor reported an EPS of -$0.18 for the fourth quarter, which is a decline from -$0.09 EPS in the same period last year. This indicates a worsening financial situation, which could lead to reduced investor confidence.

Net Income
The net income for the quarter stands at -$33.43 million, compared to -$14.66 million last year. The increase in losses signifies operational inefficiencies or other financial challenges facing the company.

Revenue Growth
The company experienced a revenue decline of 17.3%, with Q4 revenue reported at $58.01 million as opposed to $70.13 million in the previous year. This decline in revenue is a critical concern for investors, as it may indicate a potential decrease in market share or demand for the company’s products.

Stocks: INDI