05:33 PM EDT, 05/12/2025 (MT Newswires) -- Indie Semiconductor ( INDI ) reported a Q1 loss late Monday of $0.18 per share, narrower than a loss of $0.19 a year earlier.

Analysts polled by FactSet expected a loss of $0.16.

Revenue for the quarter ended March 31 was $54.1 million, up from $52.4 million a year earlier.

Analysts surveyed by FactSet expected $54.7 million.

For Q2, the company expects revenue to be between $50 million and $53 million. Analysts expected $56 million.

Shares of the company were down over 9% in after-hours activity.