04:49 AM EDT, 05/10/2024 (MT Newswires) -- indie Semiconductor (INDI) reported a Q1 loss late Thursday of $0.19 per share, narrower than a loss of $0.55 a year earlier.

Two analysts polled by Capital IQ expected a loss of $0.17.

Revenue for the quarter ended March 31 was $52.4 million, up from $40.5 million a year earlier.

Analysts surveyed by Capital IQ expected $55.6 million.

For Q2, the company expects revenue to be flat to up 5% sequentially.

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