Loading...
•
Dec 31, 2022
SiTime Q4 2022 Earnings Report
SiTime's financial performance decreased compared to the same quarter last year, but increased for the full year.
Key Takeaways
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.
Q4 2022 net revenue was $60.8 million, a 19.7% decrease from Q4 2021.
GAAP gross margins were 62.1% of revenue in Q4 2022.
GAAP net loss was $1.5 million, or $0.07 per diluted share for Q4 2022.
Non-GAAP net income was $14.4 million, or $0.64 per diluted share for Q4 2022.