INDIE SEMICON. A DL-,0001

Indie Semiconductor reported Q1 2026 EPS of -$0.21, missing the estimate of -$0.06 by a wide margin, while revenue of $55.5 million slightly beat expectations. The non-GAAP operating loss improved to $11.1 million and cash amounted to $184.7 million. The stock fell 0.87% in after-hours trading. For Q2 the company expects revenue between $59 million and $65 million and emphasizes progress on the path to profitability. » More on de.investing.com

Indie Semiconductor announced a private placement of $150 million in convertible bonds with a 4% coupon maturing in 2031; the initial conversion price is $3.87 (a 22.5% premium to the closing price). The company intends to use proceeds to repurchase outstanding convertible notes maturing in 2027 (around $104 million), as well as for working capital and potential acquisitions. The stock plunged 14.9% in premarket trading to $2.69, hitting a nine-month low; market capitalization is about $700 million and the year-to-date loss is roughly 10.5%. » More on de.investing.com

indie Semiconductor will offer senior, unsecured convertible notes totaling $150 million (with a 13-day upsize option of $22.5 million) in a private placement to qualified institutional buyers. The notes mature on March 15, 2031, accrue semiannual interest beginning September 2026, and are convertible at the issuer’s option into cash, Class A common stock or a combination; early redemption is possible from March 20, 2029. Approximately $100 million of the proceeds are expected to be used to repurchase the 2027-maturing 4.50% convertible notes, with the remainder for working capital and general corporate purposes, including potential acquisitions. The company notes a volatile stock, a market capitalization of $693 million, total debt of $366 million and recently downward-revised analyst estimates. » More on de.investing.com