SiTime Earnings Reports

SiTime Corporation reported a net revenue of $68.1 million for Q4 2024, an 18% increase from the previous quarter and a 61% increase from the year-ago period. The company's Communications, Enterprise, and Datacenter business experienced significant gains due to the critical role of precision timing in AI.

SiTime reported strong Q3 2024 results with a 62% increase in revenue compared to the year-ago period, reaching $57.7 million. All market segments experienced double-digit sequential growth, driven by a focus on high-value applications and differentiated product offerings. The company achieved a GAAP gross profit of $29.5 million and a non-GAAP net income of $9.6 million.

SiTime Corporation reported a net revenue of $43.9 million for Q2 2024, which is a 33% increase from the previous quarter and a 58% increase from the year-ago period. The company's GAAP net loss was $26.8 million, or $1.16 per diluted share, while non-GAAP net income was $2.8 million, or $0.12 per diluted share.

SiTime reported first quarter 2024 financial results with a decrease in revenue compared to the prior quarter. The company experienced GAAP and non-GAAP losses from operations, but the CEO expressed optimism for sustained growth in Q2 and beyond due to investments in product portfolio expansion.

SiTime Corporation reported Q4 2023 financial results, with net revenue of $42.4 million, a 19% increase from the prior quarter. The company's GAAP net loss was $20.0 million, or $0.89 per basic share, while non-GAAP net income was $5.5 million, or $0.24 per diluted share.

SiTime Corporation announced its Q3 2023 financial results, with net revenue reaching $35.5 million, a 28.1% increase from the previous quarter. The company reported a GAAP net loss of $18.1 million, or $0.81 per basic share, and a non-GAAP net income of $1.4 million, or $0.06 per diluted share.

SiTime Corporation reported a decrease in revenue for the second quarter of 2023, with net revenue at $27.7 million, a 27.7% decrease compared to the previous quarter. The company experienced a GAAP net loss of $25.9 million, or $1.17 per basic share, and a non-GAAP net loss of $4.8 million, or $0.22 per diluted share.

SiTime reported a decrease in revenue for Q1 2023, with GAAP net loss of $16.5 million, or $(0.76) per basic share, and non-GAAP net income of $2.0 million, or $0.09 per diluted share.

SiTime Corporation reported a decrease in net revenue for Q4 2022 compared to Q4 2021, but an increase for the full fiscal year. The company's GAAP net loss for the quarter was $1.5 million, or $0.07 per diluted share, while non-GAAP net income was $14.4 million, or $0.64 per diluted share.

SiTime Corporation reported Q3 2022 financial results with a year-over-year revenue increase of 16.0% to $73.1 million, but a decrease of 8.0% compared to the previous quarter. GAAP net income was $5.8 million, or $0.26 per diluted share, while non-GAAP net income was $21.9 million, or $0.97 per diluted share.

SiTime Corporation announced financial results for Q2 2022, with revenue reaching $79.4 million, a 78.5% increase year-over-year and a 13.0% increase sequentially. The company reported GAAP net income of $12.9 million, or $0.57 per diluted share, and non-GAAP net income of $25.3 million, or $1.11 per diluted share. Total cash and cash equivalents were $580.3 million as of June 30, 2022.

SiTime Corporation reported a strong first quarter in 2022 with a 97.7% increase in revenue compared to Q1 2021. The company's GAAP net income was $6.1 million, or $0.27 per diluted share, while non-GAAP net income was $21.3 million, or $0.94 per diluted share.

SiTime Corporation reported strong financial results for the fourth quarter of 2021, with a notable increase in revenue compared to the same period in the previous year. Net revenue reached $75.7 million, an 88.1% increase from Q4 2020.

SiTime Corporation reported a strong third quarter in 2021, with net revenue reaching $63.0 million, a 92.9% increase year-over-year and a 41.7% increase sequentially. The company's GAAP net income was $14.0 million, or $0.66 per diluted share, and non-GAAP net income was $21.9 million, or $1.03 per diluted share.

SiTime Corporation reported strong financial results for the second quarter of 2021, with net revenue reaching $44.5 million, a 107.2% increase year-over-year. The company achieved a GAAP net income of $2.0 million, or $0.10 per diluted share, and a non-GAAP net income of $9.6 million, or $0.46 per diluted share.

SiTime Corporation reported a 63.5% increase in revenue compared to Q1 2020, reaching $35.5 million. However, the company experienced a GAAP net loss of $3.6 million, or $0.20 per diluted share, while non-GAAP net income was $3.8 million, or $0.19 per diluted share. The company's cash and cash equivalents totaled $257.0 million.

SiTime Corporation reported a strong fourth quarter with a 43.4% increase in revenue compared to the same period last year. The company achieved GAAP profitability and even higher non-GAAP profitability, demonstrating improved operational efficiency.

SiTime Corporation reported a strong third quarter with a 29.0% increase in revenue compared to the same period last year and a 52.1% increase compared to the previous quarter. The company achieved non-GAAP profitability, with non-GAAP net income of $4.4 million or $0.23 per diluted share.

SiTime Corporation reported a revenue of $21.5 million for Q2 2020, representing a 35.5% increase compared to Q2 2019. The GAAP net loss was $5.6 million, or $0.36 per diluted share, while non-GAAP net loss was $2.2 million, or $0.14 per diluted share.

SiTime Corporation reported financial results for Q1 2020, with net revenue reaching $21.7 million, a 46.7% increase compared to Q1 2019. The company's GAAP net loss was $5.1 million, or $0.34 per diluted share, while non-GAAP net loss was $2.1 million, or $0.14 per diluted share.

SiTime Corporation reported a 22.9% increase in revenue for the fourth quarter of 2019, reaching $28.1 million, with a net income of $0.6 million, or $0.05 per diluted share.