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Mar 31, 2020
SiTime Q1 2020 Earnings Report
Reported a year-over-year revenue increase.
Key Takeaways
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.
Net revenue was $21.7 million, up 46.7% year-over-year.
GAAP net loss was $5.1 million, or $0.34 per diluted share.
Non-GAAP net loss was $2.1 million, or $0.14 per diluted share.
Total cash and cash equivalents were $71.2 million.
Forward Guidance
SiTime will broadcast its first quarter of 2020 financial results conference call today, May 6, 2020, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time), which can be accessed by calling +1-844-467-7657 and using conference ID 4128279. The conference call will also be available via a live webcast on the investor relations section of the SiTime website at investor.sitime.com.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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