Reports Q3 revenue $30.02M, consensus $29.98M. "indie delivered record third quarter results driven by increasing demand for our differentiated Autotech portfolio coupled with tenacious operational execution amid the challenging supply chain environment," said Donald McClymont, indie’s co-founder and chief executive officer. "Our highly innovative ADAS, User Experience and Electric Vehicle (EV) solutions are gaining design win momentum across leading Tier 1s and global automotive OEMs. In fact, we’re excited to announce that our strategic backlog has grown to $4.3 billion, more than doubling from the level we initially outlined during our IPO launch less than twenty-four months ago. With recent program wins spanning Radar, Vision, Advanced Lighting and Wireless Charging, indie has never been better positioned to capitalize on our $27 billion annual serviceable market opportunity, sustainably outpace industry peers and, ultimately, to create extraordinary shareholder value."
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