indie Semiconductor Q3 earnings call highlights. November 5, 2026 Key points. * Revenue grew 31% year over year to $70.2 million in Q3, and indie forecast Q4 revenue of $73 million to $81 million, implying about 33% growth at the midpoint. * Indie narrowed its non-GAAP operating loss to $7.2 million and expects to reach non-GAAP profitability in Q2 2027, followed by positive cash flow the next quarter. It ended Q3 with $144.3 million in cash, including restricted cash. * Automotive radar and vision programs are ramping: radar shipments are entering material volumes, while the company reported more than 40 physical AI design wins in 2026. Management sees radar as a significant growth driver in 2027. * Interested in indie Semiconductor? Here are five stocks we like better. indie Semiconductor NASDAQ: INDI reported third-quarter revenue of $70.2 million, up 31% from a year earlier, and forecast further growth as its automotive radar chipset enters high-volume production. The chipmaker's revenue rose 10% sequentially and came in $0.2 million above the midpoint of its guidance. Core business revenue increased about 14% from the second quarter to $40.7 million, while revenue from its Wuxi subsidiary rose approximately 5% to $29.5 million. CEO and Co-Founder Donald McClymont said automotive demand was strong in Europe and the U.S. but softer in China. He told analysts that indie's own market-share gains were a larger driver of its revenue than the broader auto cycle. Fourth-Quarter outlook and profitability. For the fourth quarter, indie forecast revenue of $73 million to $81 million. The $77 million midpoint would represent approximately 33% year-over-year growth and implies full-year revenue growth of more than 20%, management said. The outlook includes about $47 million in core revenue and $30 million from Wuxi at the midpoint. The company's third-quarter non-GAAP operating loss narrowed to $7.2 million from $11.3 million a year earlier. Non-GAAP net loss attributable to indie was $11.6 million, or $0.05 per share, an improvement of $0.02 per share from the prior-year period. CFO Naixi Wu said indie expects to reach non-GAAP profitability in the second quarter of 2027 and become cash-flow positive in the following quarter. The company ended the third quarter with $144.3 million in cash and cash equivalents, including restricted cash, down $4.7 million from the preceding quarter. Wu said indie expects its existing cash to fund operations through the path to profitability after paying the closing consideration for its pending acquisition of ams OSRAM's CMOS image sensor business, independent of proceeds from its planned Wuxi divestiture. For the fourth quarter, indie expects non-GAAP operating expenses of $37.5 million and a net loss of approximately $0.04 per share at the revenue midpoint. Radar and vision programs ramp. McClymont said indie's automotive radar chipset has completed the production part approval process and is shipping in material volumes to a Tier One partner. He expects radar to be a significant growth driver in 2027 and said the technology has also been selected by one of the three largest North American automakers. Discover more MarketBeat All Access Stock Market News Stock Screener Tool The CEO declined to disclose production timing for the North American program but described it as a relatively near-term opportunity with potential for broad adoption across the customer's models. Across the radar opportunity, he said indie expects eventually to ship 50 million to 70 million units annually at an average selling price of $5 to $6 per unit, without specifying when that level would be reached. Indie also secured camera-based mirror design wins with Korean and Indian automakers. McClymont said the company's DRAM-less vision processor has attracted customers facing memory shortages and higher prices. He said the product has contributed materially to this year's growth and that adoption has accelerated. Asked about gross margin, McClymont attributed a sequential decline to product mix and pressure in the Wuxi business. He said he expects margin to rise modestly in the fourth quarter and move into the low 50% range once Wuxi is divested. Physical AI and strategic backlog. Indie's vision portfolio has secured more than 40 design wins in physical AI applications during 2026, including drones and humanoid robots, McClymont said. The company has previously announced robotics design wins with AGIBOT, Unitree and Figure AI, and its LiDAR technology was adopted for a warehouse robot application by a major logistics company during the quarter. McClymont said a substantial percentage of indie's 2027 research and development budget will be redirected toward adapting next-generation systems-on-chip for physical AI. He estimated content of more than $100 on some humanoid robot platforms. The company reported strategic backlog of $6.2 billion, slightly higher than a year earlier and excluding Wuxi. The figure also excludes the recent physical AI wins because management said it is too early to predict their ramp, size and eventual market leaders with sufficient precision. Pending transactions. Indie received final foreign direct investment regulatory approval for its acquisition of ams OSRAM's CMOS image sensor business and expects the deal to close at year-end, subject to remaining customary conditions. The proposed sale of indie's Wuxi subsidiary to United Faith Auto-Engineering remains under regulatory review in China. Wu said discussions were constructive and that indie remains optimistic about closing by year-end. The agreement calls for approximately $135 million in gross cash proceeds before taxes and fees, which indie expects to use to strengthen its balance sheet and address its capital structure, including convertible debt. About indie Semiconductor (NASDAQ:INDI). indie Semiconductor, Inc develops semiconductor and software solutions for the automotive industry. Its products are designed to support advanced driver-assistance systems (ADAS), vehicle electrification, connected-car applications and automotive user experiences. The company's technology portfolio includes solutions for automotive radar, computer vision, lidar, ultrasonic sensing, vehicle networking, battery management and power conversion. Its products are intended for use in systems such as automated parking, blind-spot detection, collision avoidance, in-cabin monitoring, lighting, infotainment and other intelligent vehicle functions. Founded in 2007 and headquartered in Aliso Viejo, California, indie serves automotive manufacturers and suppliers internationally. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Before you consider indie Semiconductor, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and indie Semiconductor wasn't on the list. While indie Semiconductor currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. Tesla, Nvidia, and Google helped shape the last era of market growth, but the next wave could come from a new group of companies. Inside this report, you'll find 7 stocks that could play a major role in the next tech-driven market boom. Continue following MarketBeat

OToBrite appears at ROBOTWORLD 2026, partners with C&T Technology to showcase robotics vision technology capabilities 2026-11-04 22:49 Economic Daily News / Reporter Song Jiansheng / Taichung real-time report Vision AI leader OToBrite Electronics (2256) showcased advanced robotics vision technology on the 4th at ROBOTWORLD 2026 in Korea. It highlighted a 3D binocular stereo vision camera module co-developed with indie, combining sub-microsecond (<1 μs) hardware-level global shutter synchronization and image quality tuning technology to provide precise depth perception capabilities. This was also OToBrite's first participation in ROBOTWORLD 2026, held at the KINTEX International Exhibition Center in Korea, demonstrating its ambition to fully target the Korean and Asian robotics markets. OToBrite also joined forces with C&T Technology to jointly showcase GMSL2(TM)-to-HSB (NVIDIA Holoscan Sensor Bridge) vision integration technology. The aim is to demonstrate high-speed image transmission and system integration capabilities by connecting GMSL2(TM) camera modules with the NVIDIA Jetson Thor computing platform, meeting diverse application needs such as outdoor autonomous robots, quadruped robots, and unmanned vehicles. The 3D binocular stereo vision camera module co-developed by OToBrite and indie is equipped with indie's iND880 image signal processor (ISP). Through sub-microsecond (<1 μs) hardware-level global shutter synchronization technology, it ensures a high degree of synchronization in exposure times between the left and right cameras. Combined with the camera module's image quality tuning function, it provides consistent binocular image quality and enhances the reliability of depth perception in outdoor dynamic environments. The product offers two binocular baseline configurations: 60 mm and 120 mm. The 60 mm version is suitable for humanoid robots and VR teleoperation; the 120 mm version has precise depth perception capability of up to 20 meters and is suitable for outdoor autonomous robots and various unmanned vehicles. In addition to the binocular stereo vision camera, OToBrite also exhibited a full series of 1MP to 8MP automotive-grade GMSL2(TM) camera modules, as well as NVIDIA Jetson development kits and GMSL2(TM) Repeater. Among them, the NVIDIA Jetson development kit provides GMSL2(TM) camera connection and image capture functions, helping robot developers and system integrators shorten product development time. The GMSL2(TM) Repeater can extend high-speed image signal transmission distance to more than 30 meters and features low latency and IP69K protection design, meeting the application needs of outdoor robots and unmanned vehicles for long-distance image transmission and harsh environments. In the collaborative demonstration, OToBrite and C&T Technology jointly showcased GMSL2(TM)-to-HSB interface conversion technology, connecting OToBrite's GMSL2(TM) camera modules to C&T Technology's AI computing platform equipped with NVIDIA Jetson Thor. This architecture combines the high-speed, low-latency image transmission characteristics of GMSL2(TM) with HSB's ultra-low-latency data streaming technology, helping simplify sensor fusion and data transmission processes, meeting robots' needs for high-resolution image transmission and real-time visual perception, and supporting applications such as autonomous robots and unmanned vehicles. OToBrite said that as outdoor application fields for autonomous robots and unmanned vehicles continue to expand, the company is actively working with partners to promote the development of advanced visual perception technology, provide comprehensive vision solutions for robots and unmanned vehicles, and fully expand into international markets such as Asia.

Imaging radar for enhanced safety and security in rail transportation. indie to Showcase its Radar Technology at InnoRail India. Neubiberg, Germany - October 30, 2026 - indie, a global technology leader in innovative automotive and industrial solutions, will showcase its latest radar technology at InnoRail India 2026, taking place from 26-28 November 2026, at the RDSO Stadium Grounds in Lucknow. At Booth 10.4 in the German Pavilion, indie will demonstrate how advanced radar technology can support a wide range of applications in railway infrastructure and rolling stock. Potential applications range from detecting changes in infrastructure and its surroundings caused by environmental conditions to identifying unauthorized access or interference in critical areas. Radar technology can thus complement existing and emerging monitoring technologies, contributing to safer and more resilient rail transportation. Radar sensors have proven their reliability for decades in demanding industrial environments, including bulk material handling and crane safety applications. Recent advances in imaging radar are opening up new possibilities across a growing range of industries and use cases. In the rail sector, imaging radar has the potential to complement existing sensing technologies and enhance the safety, reliability, and resilience of railway infrastructure. For example, trains equipped with imaging radar could help detect changes along particularly vulnerable or difficult-to-monitor sections of the rail network. This is particularly relevant as rail operators worldwide increasingly rely on advanced sensing and monitoring technologies to enhance safety and operational efficiency. Seeking Development Partnerships Imaging radar provides a wealth of information about objects, movements, and changes in the monitored environment. Transforming this data into actionable, application-specific information requires sensor technology and software to be tailored to the individual use case. To facilitate the development and evaluation of such applications, indie offers the AVR-QDM-110 Eval Kit, a powerful MIMO radar evaluation platform. Its sensor array can be flexibly configured to meet different application requirements. The platform has already been evaluated in several customer projects exploring the potential of imaging radar for rail applications, including railroad crossing monitoring. At InnoRail India, indie will also showcase the versatility of radar with a technology demonstrator for contactless vibration measurement using 120 GHz radar. With its participation at InnoRail India, indie is looking to connect with railway companies, infrastructure operators, technology providers, and potential development partners in India to explore new applications for advanced radar sensing and jointly develop solutions tailored to the specific requirements of the Indian rail market.