Indie Semiconductor, Inc. Guides Q3 Revenue Up 100% YoY To $240M Annualized Run-Rate
Portfolio Pulse from Benzinga Newsdesk
Indie Semiconductor, Inc. has guided its Q3 revenue to increase by 100% YoY, reaching an annualized run-rate of $240M.
August 10, 2023 | 8:48 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Indie Semiconductor's Q3 revenue is expected to double YoY, reaching an annualized run-rate of $240M.
The company's guidance for a 100% YoY increase in Q3 revenue indicates strong financial performance and growth. This could potentially attract investors and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100