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SiTime Fiscal Q4 2019 Earnings Report - CapyFin

SiTime

🇺🇸 NASDAQ:SITM

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Overview Earnings Dividends Seasonality Metrics

Feb 05, 2020

•

Dec 31, 2019

SiTime Q4 2019 Earnings Report

SiTime's Q4 2019 financial results were announced, showing revenue growth and profitability.

Key Takeaways

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.

Net revenue increased by 22.9% compared to Q4 2018.

GAAP net income was $0.6 million, or $0.05 per diluted share.

Non-GAAP net income was $2.0 million, or $0.16 per diluted share.

Cash and cash equivalents totaled $63.4 million at the end of the quarter.

Total Revenue

$28.1M

Previous year: $22.9M

+22.9%

EPS

$0.16

Previous year: $0.115

+38.9%