Articles from indie Semiconductor

indie Semiconductor (Nasdaq: INDI), an automotive solutions innovator, plans to conduct a conference call with analysts to discuss its fourth quarter 2024 results and business outlook on February 20, 2025 at 5:00 p.m. Eastern time.

indie Semiconductor, Inc. (“indie” or “we”) (NASDAQINDI), an automotive solutions innovator, today announced the pricing of its offering of $190 million aggregate principal amount of its 3.50% Convertible Senior Notes due 2029 (the “notes”) through a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The offering was upsized from the originally announced offering of $175 million aggregate principal amount of notes. indie has also granted the initial purchasers in the offering an option to purchase, during a 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional $28.5 million aggregate principal amount of notes. The offering is expected to close on December 6, 2024, subject to customary closing conditions.

indie Semiconductor, Inc. (“indie” or “we”) (NASDAQINDI), an automotive solutions innovator, today announced that it plans to offer, subject to market and other conditions, $175 million aggregate principal amount of its Convertible Senior Notes due 2029 (the “notes”) through a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). indie expects to grant the initial purchasers in the offering an option to purchase, during a 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional $26.25 million aggregate principal amount of notes.

indie Semiconductor (Nasdaq: INDI), an automotive solutions innovator, has launched a system basis safety integrated chip (IC) solution for vehicle powertrain applications. Developed in close partnership with a leading European Tier 1 automotive system integrator, the IC provides critical safety monitor and supervision functionality for mission-critical powertrain operation.

indie Semiconductor (Nasdaq: INDI), an automotive solutions innovator, has extended its photonics offering with the addition of in-house photonics integration, packaging and system test capabilities. By combining a class-leading optical component portfolio through indie’s prior acquisitions of TeraXion and EXALOS, with the latest in-house advanced automated assembly, packaging and optical test capabilities, indie can now offer customers complete photonics sub-systems for rapid solution evaluation, pre-production validation, and low volume production. This strategic capability supports automotive and mobility applications including Advanced Driver Assistance System (ADAS) sensing, head-up displays, gyroscopes, and several adjacent industrial segments which also mandate similar precision, quality and reliability performance as the automotive sector.

indie Semiconductor, Inc. (Nasdaq: INDI), an automotive solutions innovator, today announced third quarter results for the period ended September 30, 2024. Third quarter 2024 revenue increased 3.1% sequentially to $54.0 million, above the mid-point of the outlook with Non-GAAP gross margin up sequentially to 50.4 percent. On a GAAP basis, third quarter 2024 operating loss was $49.9 million compared to $136.2 million a year ago. Non-GAAP operating loss for the third quarter of 2024 was $16.8 million, versus $13.0 million during the same period last year. Third quarter 2024 GAAP loss per share was $0.28, while Non-GAAP loss per share was $0.09.

indie Semiconductor, Inc. (Nasdaq: INDI), an automotive solutions provider, today announced that executive management will be participating at the following investor conferences and events:

indie Semiconductor (Nasdaq: INDI), an automotive solutions innovator, announces that its latest generation iND880 camera video processor system-on-chip (SoC) family continues to secure significant design-win momentum with global original equipment manufacturers (OEMs), and has now been recognized as “Auto Sensor Innovation of the Year” by AutoTech Breakthrough Awards.

indie Semiconductor (Nasdaq: INDI), an automotive solutions innovator, plans to conduct a conference call with analysts to discuss its third quarter 2024 results and business outlook on November 7, 2024 at 5:00 p.m. Eastern time.

indie Semiconductor (Nasdaq: INDI), an automotive solutions innovator, today announced that it has granted equity awards (the “Inducement Grants”) under its 2023 Inducement Incentive Plan to new employees who joined indie. The grants were previously approved by the Compensation Committee of the Board of Directors of indie Semiconductor. Information regarding the equity awards can be found on the company's investor relations website at: https://investors.indiesemi.com/news/default.aspx

indie Semiconductor (Nasdaq: INDI), an automotive solutions innovator, has announced iND87204, its next-generation, highly-integrated automotive wireless charging system-on-chip (SoC). Fully compliant with the Wireless Power Consortium’s (WPC) Qi 2.0 technical standard, iND87204 also extends support to the new Magnetic Power Profile (MPP) feature - branded “Qi2” by the WPC - bringing an improved charging experience by magnetically aligning devices with inductive charger coils for more energy efficient, reliable and convenient charging. The SoC integrates multiple Arm® Cortex® processors for application and WPC stack processing, and all of the key in-vehicle serial interfaces, power management, DC-DC conversion, signal conditioning, WPC inverter drivers, power FETs and peripheral drivers to enable a fully Qi2-compliant wireless charging solution delivering up to 15 watts of power.

indie Semiconductor, Inc. (Nasdaq: INDI), an Automotive solutions provider, today announced that executive management will be participating at the following investor conferences and events:

indie Semiconductor, Inc. (Nasdaq: INDI), an Automotive solutions provider, today announced second quarter results for the period ended June 30, 2024. Second quarter 2024 revenue was flat to the prior year period at $52.4 million with Non-GAAP gross margin of 50.3 percent. On a GAAP basis, second quarter 2024 operating loss was $36.6 million compared to $40.7 million a year ago. Non-GAAP operating loss for the second quarter of 2024 was $17.2 million, versus $16.3 million during the same period last year. Second quarter 2024 GAAP loss per share was $0.11, while Non-GAAP loss per share was $0.09.

indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, plans to conduct a conference call with analysts to discuss its second quarter 2024 results and business outlook on August 8, 2024 at 5:00 p.m. Eastern time.

indie Semiconductor, Inc. (Nasdaq: INDI), an Autotech solutions innovator, today announced the appointment of Mark Tyndall as Executive Vice President responsible for Corporate Development and Investor Relations. Mr. Tyndall brings a wealth of semiconductor industry experience to indie from senior leadership roles at Dialog Semiconductor, MIPS Technologies, and Infineon Technologies, and most recently, as a founding semiconductor partner of Alexa Capital.

indie Semiconductor, Inc. (Nasdaq: INDI), an Autotech solutions innovator, today announced the addition of a highly innovative iND880xx product line to its fast-growing vision processor portfolio, developed to address the demanding specifications of Advanced Driver Assistance Systems (ADAS) and driver viewing use cases, such as Surround View systems and Electronic Mirrors. This latest family of processors further enhances indie’s comprehensive suite of sensing solutions for computer vision, LiDAR, radar, and ultrasound, and underpins indie’s leadership as the only automotive company to offer a dynamic portfolio spanning all edge-sensing modalities.

indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, today announced that it has granted equity awards (the “Inducement Grants”) under its 2023 Inducement Incentive Plan to new employees who joined indie. The grants were previously approved by the Compensation Committee of the Board of Directors of indie Semiconductor. Information regarding the equity awards can be found on the company's investor relations website at: https://investors.indiesemi.com/news/default.aspx

indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, today announced that senior management will be participating at the following investor conferences and events:

indie Semiconductor, Inc. (Nasdaq: INDI), an Autotech solutions innovator, today announced first quarter results for the period ended March 31, 2024. Q1 revenue was up 29 percent year-over-year to $52.4 million with Non-GAAP gross margin of 50.3 percent. On a GAAP basis, first quarter 2024 operating loss was $49.6 million compared to $37.0 million a year ago. Non-GAAP operating loss for the first quarter of 2024 was $17.2 million, versus $16.8 million during the same period last year. First quarter 2024 GAAP loss per share was $0.19, while Non-GAAP loss per share was $0.10.

indie Semiconductor, Inc. (Nasdaq: INDI), an Autotech solutions innovator, has introduced a family of new high-performance video converters and retimers to enable in-cabin connectivity applications, including audio and video transport and device interfacing. These new capabilities expand indie’s innovative lineup of in-cabin solutions, empowering global Tier 1 system integrators to deliver best-in-class in-vehicle experience to automakers.

indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, plans to conduct a conference call with analysts to discuss its first quarter 2024 results and business outlook on May 9, 2024 at 5:00 p.m. Eastern time.

indie Semiconductor, Inc. (Nasdaq: INDI), an Autotech solutions innovator, today announced a strategic investment in Expedera Inc, a leading provider of scalable Neural Processing Unit (NPU) semiconductor intellectual property (IP). The partnership will deliver customized artificial intelligence (AI) enabled processing capabilities for sensing solutions targeting Advanced Driver Assistance Systems (ADAS) and includes a commercial agreement to integrate customized Expedera OriginTM NPU processing solutions into future indie products.

indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, today announced that it has granted equity awards (the “Inducement Grants”) under its 2023 Inducement Incentive Plan to new employees who joined indie. The grants were previously approved by the Compensation Committee of the Board of Directors of indie Semiconductor. Information regarding the equity awards can be found on the company's investor relations website at: https://investors.indiesemi.com/news/default.aspx

indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, today announced that senior management will be participating at the following investor conferences and events:

indie Semiconductor, Inc. (Nasdaq: INDI), an Autotech solutions innovator, today announced fourth quarter and year end results for the period ended December 31, 2023. Fourth quarter revenue was up 112 percent from the same period a year ago and 16 percent sequentially to a record $70.1 million, within the Company’s prior guidance range. Non-GAAP gross margin expanded 50 basis points year-over-year to 52.7 percent, in-line with indie’s guidance for the period. On a GAAP basis, fourth quarter 2023 operating loss was $20.6 million compared to $29.0 million a year ago. Non-GAAP operating loss for the fourth quarter of 2023 was $2.4 million, versus $15.1 million during the same period last year, reflecting higher revenue, improving gross margin and operating expense leverage. Q4 GAAP loss per share was $0.09, while Non-GAAP loss per share was $0.01, consistent with indie’s guidance and consensus estimates.

indie Semiconductor, Inc. (Nasdaq: INDI), an Autotech solutions innovator, and Avnet, a global technology distributor, have executed a distribution agreement to accelerate global availability of indie’s innovative semiconductor product portfolio, leveraging Avnet’s extensive market reach, support, and fulfillment capabilities.

indie Semiconductor, Inc. (Nasdaq: INDI), an Autotech solutions innovator, today announced the promotion of a few outstanding senior executives within the organization. These individuals have demonstrated exceptional leadership, business acumen and automotive industry relationships, and have already made significant contributions to the success of indie in relatively short order. In their new roles, these key management team members will help drive indie’s market outperformance and realize the Company’s vision of creating an Autotech powerhouse.

indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, plans to conduct a conference call with analysts to discuss its fourth quarter 2023 results and business outlook on February 22, 2024 at 5:00 p.m. Eastern time.

indie Semiconductor, Inc. (Nasdaq: INDI), an Autotech solutions innovator, and Ficosa, a leading global company dedicated to the research, development, production, and marketing of advanced vision, safety and efficiency solutions for the automotive industry, have executed a collaboration agreement to develop and commercialize automotive camera solutions deploying neural network-based (NN) artificial intelligence (AI) processing.

indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, today announced that senior management will be participating at the following investor conferences and events:

indie Semiconductor, Inc. (Nasdaq: INDI), an Autotech solutions innovator, today announced Q3 results for the period ended September 30, 2023. Third quarter revenue was up 101 percent from the same period a year ago and 16 percent sequentially to a record $60.5 million, slightly better than the Company’s guidance and consensus estimates. Non-GAAP gross margin expanded 226 basis points year-over-year to 52.7 percent. On a GAAP basis, third quarter 2023 operating loss was $36.1 million compared to $25.9 million a year ago and $16.3 million in the second quarter of 2023. Non-GAAP operating loss for the third quarter of 2023 was $13.0 million, a further narrowing versus $15.8 million during the same period last year and $16.3 million in the second quarter of 2023, reflecting higher revenue, improving gross margin and operating expense leverage.

indie Semiconductor, Inc. (NASDAQINDI) (“indie” or the “Company”), an Autotech solutions innovator, has completed its previously announced exchange offer (the “Offer”) and consent solicitation (the “Consent Solicitation”) relating to its outstanding (i) public warrants to purchase shares of Class A common stock of the Company, par value $0.0001 per share (the “Class A common stock”), which warrants trade on The Nasdaq Capital Market under the symbol “INDIW” (the “public warrants”), and (ii) private placement warrants to purchase shares of Class A common stock (the “private placement warrants” and, together with the public warrants, the “warrants”). The Company issued 7,027,517 shares of Class A common stock in exchange for the Warrants tendered in the Offer.

indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, has expanded its automotive camera video processor portfolio with the commercial release of iND87540, a highly integrated system-on-chip (SoC) that enables viewing and sensing capability at the vehicle’s edge.

indie Semiconductor, Inc. (NASDAQINDI) (“indie” or the “Company”), an Autotech solutions innovator, today announced the expiration and results of its previously announced exchange offer (the “Exchange Offer”) and consent solicitation (the “Consent Solicitation”) relating to its outstanding (i) public warrants to purchase shares of Class A common stock of the Company, par value $0.0001 per share (the “Class A common stock”), which warrants trade on The Nasdaq Capital Market under the symbol “INDIW” (the “public warrants”), and (ii) private placement warrants to purchase shares of Class A common stock (the “private placement warrants” and, together with the public warrants, the “warrants”). The Exchange Offer and Consent Solicitation expired at 11:59 p.m, Eastern Time, on October 20, 2023.

indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, today announced that it has granted equity awards (the “Inducement Grants”) under its 2023 Inducement Incentive Plan to new employees who joined indie in connection with indie’s recent acquisition of EXALOS AG. The grants were previously approved by the Compensation Committee of the Board of Directors of indie Semiconductor. Information regarding the equity awards can be found on the company's investor relations website at: https://investors.indiesemi.com/news/default.aspx

indie Semiconductor, Inc. (Nasdaq: INDI), an Autotech solutions innovator, today announced that in connection with the Company’s warrant exchange offer and consent solicitation, preliminary estimated revenue for the three months ended September 30, 2023 is expected to be above $60 million and slightly better than the Company’s guidance and consensus estimates.

indie Semiconductor, Inc. (NASDAQINDI) (“indie” or the “Company”), an Autotech solutions innovator, today announced that it has extended its previously announced exchange offer (the “Offer”) and consent solicitation (the “Consent Solicitation”) relating to its outstanding (i) public warrants to purchase shares of Class A common stock of the Company, par value $0.0001 per share (the “Class A common stock”), which warrants trade on The Nasdaq Capital Market under the symbol “INDIW” (the “public warrants”), and (ii) private placement warrants to purchase shares of Class A common stock (the “private placement warrants” and, together with the public warrants, the “warrants”). As extended, the offering period will continue until 11:59 p.m., Eastern Time, on October 20, 2023, or such later time and date to which the Company may extend (the “Expiration Date”), as described in the Company’s Schedule TO and Prospectus/Offer to Exchange (each as defined below). This one day extension provides for the full 20 business day offering period, including the Columbus Day federal holiday. Tendered warrants may be withdrawn by holders at any time prior to the Expiration Date.

indie Semiconductor, Inc. (NASDAQINDI) (“indie” or the “Company”), an Autotech solutions innovator, today announced that it has commenced an exchange offer (the “Offer”) and consent solicitation (the “Consent Solicitation”) relating to its outstanding (i) public warrants to purchase shares of Class A common stock of the Company, par value $0.0001 per share (the “Class A common stock”), which warrants trade on The Nasdaq Capital Market under the symbol “INDIW” (the “public warrants”), and (ii) private placement warrants to purchase shares of Class A common stock (the “private placement warrants” and, together with the public warrants, the “warrants”). The purpose of the Offer and Consent Solicitation is to simplify the Company’s capital structure and reduce the potential dilutive impact of the warrants.

indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, today announced it has entered into a definitive agreement and completed the acquisition of privately held EXALOS AG, a Swiss photonics company, specializing in the design of high-performance optical semiconductors.

indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, has expanded its operations to include a best-in-class quality lab facility at its engineering center of excellence in Dresden, Germany.

indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, has launched the world’s first commercial fully integrated 240 GHz radar front-end (RFE) silicon transceiver. This device builds upon the success of indie’s previously released 120 GHz solution, expanding the Company’s portfolio of short-range, high precision and high resolution terahertz frequency radar solutions.

indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, today announced that senior management will be participating at the following investor conferences and events:

indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, and SiLC Technologies, Inc (SiLC), a leader in silicon photonics innovation, have entered into a light detection and ranging (LiDAR) partnership that enables coherent detection-based LiDAR platforms for next-generation sensing applications, including driver assistance, autonomous mobility, robotics and industrial automation. This partnership will deliver fully integrated vision system platforms deploying frequency modulated continuous wave (FMCW) detection, redefining benchmarks for rapidly emerging LiDAR applications.

indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, plans to conduct a conference call with analysts to discuss its second quarter 2023 results and business outlook on August 10, 2023 at 5:00 p.m. Eastern time.

indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, has released its first Environmental, Social and Governance (ESG) report. The report highlights indie’s adherence to environmental sustainability, internal and external social commitments and the global organization’s disciplined approach to corporate governance.

indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, has launched an integrated automotive wireless power charging system-on-chip (SoC) that offers the industry’s highest level of integration. The iND87200 simplifies and accelerates the development of cost-effective WPC ‘Qi’-based in-cabin portable device charging designs.

indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, today announced that senior management will be participating at the following investor conferences and events:

indie Semiconductor, Inc. (Nasdaq: INDI), an Autotech solutions innovator, has launched the world’s first volume production-ready, highly integrated 120 GHz IQ radar front-end (RFE) transceiver featuring on-chip integrated antennas. The TRXˍ120ˍ067 provides the high-resolution, small-form-factor, low-power consumption sensing demanded by emerging automotive radar systems and significantly simplifies application development by eliminating the need for external antennas.

indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, today announced that it has granted equity awards (the “Inducement Grants”) under its 2023 Inducement Incentive Plan to new employees who joined indie in connection with indie’s recent acquisitions of GEO Semiconductor, Inc. and Silicon Radar GmbH. The grants were previously approved by the Compensation Committee of the Board of Directors of indie Semiconductor. Information regarding the equity awards can be found on the company's investor relations website at: https://investors.indiesemi.com/news/default.aspx

indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, plans to conduct a conference call with analysts to discuss its first quarter 2023 results and business outlook on May 11, 2023 at 5:00 p.m. Eastern time.

indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator has announced it has acquired Silicon Radar GmbH, a German-based specialist in advanced, highly integrated, high-frequency system-on-chips (SoCs) for automotive radar applications.

indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, today announced it has entered a definitive agreement to purchase GEO Semiconductor, Inc., a market leader in video processors for automotive cameras. Acquisition of GEO, a private fabless semiconductor supplier, adds immediate scale to indie’s Image Processing program and enables true sensor fusion of Radar, LiDAR, Ultrasound and Computer Vision solutions in advanced driver-assistance systems (ADAS) applications. The transaction is expected to close in the first quarter of 2023, subject to customary closing conditions.

indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, plans to conduct a conference call with analysts to discuss its fourth quarter 2022 results and business outlook on February 16, 2023 at 5:00 p.m. Eastern time.

indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator has announced a strategic partnership with Seeing Machines, a leading computer vision technology company, to complement development of advanced vision processors for driver and vehicle occupant monitoring.

indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, has announced its first system-on-chip (SoC) for external automotive lighting. The new iND83080 is a highly integrated LED matrix controller that simplifies the design and reduces the cost of advanced, high-definition exterior lighting applications where individual LEDs are turned on and off to deliver pixel-level control.

indie Semiconductor, Inc. (“indie” or “we”) (NASDAQINDI), an Autotech solutions innovator, today announced the pricing of its offering of $140 million aggregate principal amount of its 4.500% Convertible Senior Notes due 2027 (the “notes”) through a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The offering was multiple times oversubscribed but only slightly upsized from the originally announced $125 million in aggregate principal amount to accommodate long-term oriented investor demand. indie has also granted the initial purchasers in the offering an option to purchase, exercisable within the 30-day period immediately following the pricing date of the offering, up to an additional $20 million aggregate principal amount of notes. Purchasers of the notes included funds or accounts managed by Soros Fund Management LLC, Lord Abbett, and Polar Capital. The offering is expected to close on November 21, 2022, subject to customary closing conditions.

indie Semiconductor, Inc. (“indie” or “we”) (NASDAQINDI), an Autotech solutions innovator, today announced that it plans to offer, subject to market and other conditions, $125 million aggregate principal amount of its Convertible Senior Notes due 2027 (the “notes”) through a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). indie expects to grant the initial purchasers in the offering an option to purchase, exercisable within the 30-day period immediately following the pricing date of the offering, up to an additional $18.75 million aggregate principal amount of notes. indie also announced today that its Board of Directors has authorized the repurchase, from time to time, of up to $50 million of indie’s Class A common stock (the “common stock”) (inclusive of any concurrent repurchase of shares of common stock described below) and/or warrants to purchase common stock.

indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, plans to conduct a conference call with analysts to discuss its third quarter 2022 results and business outlook on November 10, 2022 at 5:00 p.m. Eastern time.

indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, today announced that Donald McClymont, co-founder and chief executive officer, and Thomas Schiller, chief financial officer and executive vice president of strategy, will be participating at the following investor conferences and events:

indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, today announced support for the United States Senate’s latest action in progressing legislation that is designed to incentivize investment in the nation’s semiconductor industry.

indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, has formally opened its engineering center of excellence (CoE) in Dresden, Germany. The center is one of a series of European facilities that the company is either creating or expanding as part of its strategy to deliver local technical support for a rapidly growing base of OEM and Tier 1 automotive customers in the EMEA (Europe, Middle East and Africa) region.

indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, plans to conduct a conference call with analysts to discuss its second quarter 2022 results and business outlook on August 11, 2022 at 5:00 p.m. Eastern time.

indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, has launched a dual-channel USB Power Delivery (PD) IC that reduces component count, simplifies designs and enhances reliability of in-cabin vehicle charging systems for portable devices. Combining power conversion and control and supporting any configuration of USB Type A and Type C ports, the iND87300 is the automotive industry’s most integrated USB-PD firmware programmable controller.

indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, is set to join the broad-market Russell 2000 Index at the conclusion of the 2022 Russell indexes annual reconstitution, effective after the US market opens on June 27, according to a preliminary list of additions posted June 3.

indie Semiconductor, Inc. (Nasdaq: INDI), an Autotech solutions innovator, today announced first quarter results for the period ended March 31, 2022. First quarter revenue was up 171 percent from the same period a year ago and 16 percent sequentially to a record $22.0 million, at the high end of the Company’s prior guidance range and exceeding analyst consensus estimates. Non-GAAP gross margin expanded 710 basis points year-over-year and 110 basis points sequentially to 47.4 percent, better than indie’s 47.0 percent guidance for the quarter. On a GAAP basis, first quarter 2022 operating loss was $34.3 million compared to $8.1 million in the year ago timeframe. Non-GAAP operating loss for the first quarter of 2022 was $16.5 million versus $7.6 million during the same period last year, reflecting increasing customer-driven R&D and marketing investments as well as incremental public company infrastructure costs.

indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, today announced that Chet Babla has joined the company as Senior Vice President of Strategic Marketing, responsible for expanding the Company’s Tier 1 and automotive OEM customer base as well as supporting product roadmap development.

indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, today announced that given stronger than expected orders, the Company plans to deliver first quarter revenue at the high end of the guidance range provided in February and is poised to exceed consensus estimates for both sales and non-GAAP gross margin. indie is also finalizing its 2021 Form 10-K and intends to file within 15 days from the date of this press release via an extension with the SEC. The Company plans to report first quarter financial results and guidance on May 12, 2022.

indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, today announced that Bill Woodward has retired and Diane Biagianti has been appointed to its board of directors. Biagianti currently serves as senior vice president and general counsel for Glaukos Corporation, a publicly traded medical technology and pharmaceutical company. Prior to joining Glaukos in 2020, Biagianti was chief responsibility officer for nine years at Edwards Lifesciences, a global leader in patient-focused medical innovations for structural heart disease and critical care and surgical monitoring, responsible for global ethics and compliance, corporate sustainability and information security. Previously, she was with Advanced Medical Optics from 2002 to 2009, serving in various leadership positions, including as senior vice president and general counsel, and division vice president, legal section head upon Abbott Laboratories’ acquisition of Advanced Medical Optics in 2009 until 2011. Earlier, from 1997 to 2002, she served as vice president and assistant general counsel for Experian Information Solutions, Inc. She has also worked as a labor and employment attorney for O’Melveny & Myers LLP and a senior accountant for M.J. Seby & Associates, Ltd., CPAs.

indie Semiconductor, Inc. (Nasdaq: INDI), an Autotech solutions innovator, today announced fourth quarter and year end 2021 results for the period ended December 31, 2021. Fourth quarter revenue was up 56 percent sequentially and 185 percent from the year ago period to a record $19.0 million, exceeding guidance and analyst expectations. Non-GAAP gross margin expanded 330 basis points sequentially and 1,090 basis points year-over-year to 46.3 percent, better than indie’s 45.0 percent guidance. On a GAAP basis, fourth quarter 2021 operating loss was $26.2 million compared to $6.9 million in the year ago period. Non-GAAP operating loss for the fourth quarter of 2021 was $12.7 million versus $5.5 million during the same quarter last year, reflecting increasing customer-driven R&D investments as well as public company infrastructure costs.

indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, plans to conduct a conference call with analysts to discuss its fourth quarter and 2021 financial results and business outlook on February 22, 2022 at 5:00 p.m. Eastern time.

indie Semiconductor, Inc. (Nasdaq: INDI), an Autotech solutions innovator, is extending its market reach and building a strategic presence in Japan. The Company has created a Kabushiki Kaisha, or KK, and recently hired semiconductor industry veteran Yasuyuki Arai to lead its Japanese sales and marketing initiatives from Tokyo. Arai was previously Head of Marketing for RF and Sensors at Infineon Technologies Japan KK with responsibility for managing and growing Infineon’s radar, Time of Flight and MEMS portfolio for automotive, consumer and industrial markets. Prior to Infineon, he was with Atmel and Freescale in various sales, marketing and operational roles. Arai achieved a master’s degree in Telecommunications Engineering from Osaka University.

indie Semiconductor, Inc. (Nasdaq: INDI), an Autotech solutions innovator, today launched the Company’s breakthrough Surya™ LiDAR system-on-a-chip (SOC) which enables advanced driver assistance systems (ADAS) and autonomous driving functionality. LiDAR, or light detection and ranging, is a critical sensing technology for achieving maximum levels of safety for assisted and self-driving cars. indie’s device is designed for high performance LiDAR and integrates both high speed analog to digital converters and digital signal processing to facilitate the reliable detection of long-range targets. Surya™ consumes significantly lower power when compared to current architectures and is substantially more cost-effective than current FPGA-based designs.

indie Semiconductor, Inc. (Nasdaq: INDI), an Autotech solutions innovator, today announced third quarter 2021 results for the period ended September 30, 2021. Third quarter revenue grew to a record $12.2 million, up 60 percent from the year ago period and ahead of analyst consensus expectations. Non-GAAP gross margin expanded 90 basis points sequentially to 43.0 percent. On a GAAP basis, third quarter 2021 operating loss was $21.3 million versus $3.2 million in the year ago period, including transaction costs and stock-based charges. Non-GAAP operating loss for the third quarter of 2021 was $11.5 million compared to a non-GAAP operating loss of $3.0 million during the same quarter last year, reflecting increasing customer-driven R&D investments as well as public company infrastructure costs.

indie Semiconductor, Inc. (Nasdaq: INDI), an Autotech solutions innovator, has executed a definitive agreement with Analog Devices, Inc. to purchase Symeo GmbH, ADI’s Munich-based radar division consisting of approximately 35 team members specializing in radar hardware and software development for emerging safety system applications. Symeo's industry-leading RF and sensor technology enables real-time position detection and distance measurement for high precision radar solutions.

indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, will conduct a conference call with analysts to discuss its third quarter 2021 results and business outlook on November 10, 2021 at 5:00 p.m. Eastern time.