indie Semiconductor, Inc. (NASDAQ:INDI) Q3 2023 Earnings Conference Call November 9, 2023 5:00 PM ET

Company Participants

Ashish Gupta - Investor Relations

Don McClymont - Co-Founder and Chief Executive Officer

Tom Schiller - CFO and EVP of Strategy

Conference Call Participants

Suji DeSilva - ROTH MKM

Ross Seymore - Deutsche Bank

Anthony Stoss - Craig-Hallum Capital Group

Craig Ellis - B. Riley Securities

Cody Acree - The Benchmark Company

Operator

Good afternoon and welcome to indie Semiconductor's Third Quarter of 2023 Earnings Call. At this time, all participants are in listen-only mode. A question-and-answer session will follow the formal presentation. As a reminder, this conference call is being recorded.

I will now turn the call over to Ashish Gupta of Investor Relations. Mr. Gupta, please go ahead.

Ashish Gupta

Thank you, operator. Good afternoon and welcome to indie Semiconductor's third quarter 2023 earnings call. Joining me today are Don McClymont, indie's Co-Founder and CEO; and Tom Schiller, indie's CFO and EVP of Strategy. Don will provide opening remarks and discuss business highlights, followed by Tom's review of indie's Q3 results and Q4 outlook.

Please note we will be making forward-looking statements based on current expectations and assumptions, which are subject to risks and uncertainties. These statements reflect our views only as of today and should not be relied upon as representative of our views as of any subsequent date. These statements are subject to a variety of risks and uncertainties that could cause actual results to differ materially from expectations. For material risks and other important factors that could affect our financial results, please review our risk factors in our Annual Report on Form 10-K for the fiscal year ended December 31, 2022, as well as other public reports filed with the SEC.

Finally, the results and guidance discussed today are based on non-GAAP financial measures such as non-GAAP gross margin, non-GAAP operating income loss, non-GAAP net income loss, and non-GAAP EBITDA. These metrics may exclude from its corresponding GAAP measures certain of the following items: depreciation and amortization, share-based compensation, acquisition-related expenses, inventory cost realignments, gain or loss from change in fair values, noncash interest expense, and income tax, benefits or expenses. For a complete reconciliation to GAAP and the definition for the above items, please see our Q3 earnings press release, which was issued in advance of this call and can be found on our website at www.indiesemi.com.