Investing.com - indie Semiconductor reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
indie Semiconductor announced earnings per share of $-0.310 on revenue of $30.02M. Analysts polled by Investing.com EPS of $-0.110 on revenue of $29.98M.
indie Semiconductor 's are down 28.35% and is trading at $8.180 , still down 50.40% from its 52 week high of $16.33 set on Tuesday, November 16, 2021.
indie Semiconductor follows other major Information Technology sector earnings this month
indie Semiconductor's report follows an earnings beat by Apple on Thursday, October 27, 2022, who reported EPS of $1.29 on revenue of $90.1B, EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on Tuesday, October 25, 2022 with first quarter EPS of $2.35 on revenue of $50.1B, for EPS of $2.32 on revenue of $49.86B.
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