Indie Semiconductor Q3 Adj $(0.08), Inline, Sales $60.48M Beat $60.02M Estimate
Portfolio Pulse from Benzinga Newsdesk
Indie Semiconductor (NASDAQ:INDI) reported Q3 losses of $(0.08) per share, in line with analyst consensus. This is a 20% improvement from the same period last year. The company's quarterly sales of $60.48M beat the analyst consensus estimate of $60.02M by 0.76%, marking a 101.48% increase from last year.
November 09, 2023 | 11:52 pm
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POSITIVE IMPACT
Indie Semiconductor's Q3 results met analyst expectations for EPS and exceeded sales estimates. This indicates a positive financial performance.
Indie Semiconductor's Q3 results show an improvement in losses per share and a significant increase in sales compared to the same period last year. This indicates a positive financial performance which could potentially lead to a short-term increase in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100