indie Semiconductor(INDI) - 2024 Q3 - Quarterly Results

Exhibit 99.1 indie Semiconductor Exceeds Third Quarter 2024 Growth Expectations, Guides Accelerating Fourth Quarter • Delivers Q3 2024 Revenue of $54.0M, up 3.1% Sequentially, with Non-GAAP Gross Margin of 50.4% • Guides Q4 2024 Revenue up more than 7% Sequentially at the Mid-point of$ 58.0M • Expands Strategic Backlog to $7.1B, up from$ 6.3B last year, driven by strong ADAS design-win momentum ALISO VIEJO, Calif. – November 7, 2024 – indie Semiconductor, Inc. (Nasdaq: INDI), an automotive solutions innovat ...