indie Semiconductor(INDI) - 2023 Q4 - Annual Results

Exhibit 99.1 indie Semiconductor Achieves Record Fourth Quarter and 2023 Results ALISO VIEJO, Calif. – February 22, 2024 – indie Semiconductor, Inc. (Nasdaq: INDI), an Autotech solutions innovator, today announced fourth quarter and year end results for the period ended December 31, 2023. Fourth quarter revenue was up 112 percent from the same period a year ago and 16 percent sequentially to a record $70.1 million, within the Company's prior guidance range. Non-GAAP gross margin expanded 50 basis points yea ...