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SiTime Fiscal Q4 2021 Earnings Report - CapyFin

SiTime

🇺🇸 NASDAQ:SITM

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Overview Earnings Dividends Seasonality Metrics

Feb 02, 2022

•

Dec 31, 2021

SiTime Q4 2021 Earnings Report

SiTime's Q4 2021 financial results were reported, showing significant revenue growth.

Key Takeaways

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.

Net revenue for Q4 2021 was $75.7 million, an 88.1% increase year-over-year.

GAAP gross margins were $52.1 million, representing 68.8% of revenue.

GAAP net income was $19.9 million, or $0.90 per diluted share.

Non-GAAP net income was $29.2 million, or $1.32 per diluted share.

Total Revenue

$75.7M

Previous year: $40.3M