SITM earnings
SiTime Corporation (SITM) earnings releases and earnings dates - real-time wire coverage of every quarterly report.
Recent earnings items
- SiTime Corporation to Announce First Quarter 2026 Financial Results on May 6, 2026SANTA CLARA, Calif., April 09, 2026 (GLOBE NEWSWIRE) -- SiTime Corporation (NASDAQ:SITM), the Precision Timing company, will announce its first quarter 2026 financial results on Wednesday, May 6, 2026, after market close. Rajesh Vashist, chief executive officer, and Beth Howe, chief financial officer, will broadcast a conference call at 2:00 p.m. Pacific Time to discuss the company's results. Analysts and investors are invited to join the conference call using the following information: Date: Wednesday, May 6, 2026Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) Live webcast: Click HereRegister for dial-in number: Register Here Advanced registration is required for dial-in partici
- SiTime to Acquire Renesas' Timing BusinessAcquired Business Expected to Generate $300 Million in Revenue in 12 Months Post-Close, with 70% Gross MarginHigh-Growth AI Datacenter-Comms Represents ~75% of Acquired Revenue Accelerates SiTime's Path to $1 Billion of Revenue as the Premier Pure-Play Precision Timing Company Signed Partnership MOU to Explore SiTime's MEMS Resonator Integration in Renesas' Embedded ComputingSiTime Conference Call Today at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) SANTA CLARA, Calif. and TOKYO, Feb. 04, 2026 (GLOBE NEWSWIRE) -- SiTime Corporation (NASDAQ:SITM) ("SiTime" or the "Company"), the Precision Timing company, and Renesas Electronics Corporation (TSE: 6723) ("Renesas"), a premier supplier of
- SiTime Reports Fourth Quarter and Fiscal Year 2025 Financial ResultsSANTA CLARA, Calif., Feb. 04, 2026 (GLOBE NEWSWIRE) -- SiTime Corporation, (NASDAQ:SITM), the Precision Timing company, today announced financial results for the fourth quarter and financial year ended December 31, 2025. Net revenue in the fourth quarter of 2025 was $113.3 million, a 36% increase from $83.6 million in the prior quarter and an increase of 66% from the year ago period. Net revenue for fiscal year 2025 was $326.7 million, an increase of 61% from $202.7 million in fiscal year 2024. "Driven by AI, Q4 2025 was the seventh consecutive quarter of over 100% year-over-year growth for our Communications, Enterprise and Datacenter (CED) business," said Rajesh Vashist, chairman and
- SiTime Corporation to Announce Fourth Quarter 2025 Financial Results on February 4, 2026SANTA CLARA, Calif., Jan. 15, 2026 (GLOBE NEWSWIRE) -- SiTime Corporation (NASDAQ:SITM), the Precision Timing company, will announce its fourth quarter 2025 financial results on Wednesday, February 4, 2026, after market close. Rajesh Vashist, chief executive officer, and Beth Howe, chief financial officer, will broadcast a conference call at 2:00 p.m. Pacific Time to discuss the company's results. Analysts and investors are invited to join the conference call using the following information: Date: Wednesday, February 4, 2026Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)Live webcast: Click Here Register for dial-in number: Register Here Advanced registration is required for dial-
- SiTime Reports Third Quarter 2025 Financial ResultsSANTA CLARA, Calif., Nov. 05, 2025 (GLOBE NEWSWIRE) -- SiTime Corporation, (NASDAQ:SITM), the Precision Timing company, today announced financial results for the third quarter ended September 30, 2025. Net revenue in the third quarter of 2025 was $83.6 million, as compared to $57.7 million in the year ago quarter. "AI growth powered milestone revenue of $83.6 million in the third quarter with increased adoption of our high-performance, resilient and reliable Precision Timing solutions," said Rajesh Vashist, chairman and CEO of SiTime. "Given the strength of our Communications-Enterprise-Datacenter business, we expect our rapid growth to continue in upcoming quarters, and to exceed 50% ye
- SiTime Corporation to Announce Third Quarter 2025 Financial Results on November 5, 2025SiTime Corporation (NASDAQ:SITM), the Precision Timing company, will announce its third quarter 2025 financial results on Wednesday, November 5, 2025, after market close. Rajesh Vashist, chief executive officer, and Beth Howe, chief financial officer, will broadcast a conference call at 2:00 p.m. Pacific Time to discuss the company's results. Analysts and investors are invited to join the conference call using the following information: Date: Wednesday, November 5, 2025 Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) Live webcast: Click Here Register for dial-in number: Register Here Advanced registration is required for dial-in participants. Please complete the linked regist
- SiTime Reports Second Quarter 2025 Financial ResultsQ2 Net Revenue Increased 58% to $69.5 Million SiTime Corporation, (NASDAQ:SITM), the Precision Timing company, today announced financial results for the second quarter ended June 30, 2025. Net revenue in the second quarter of 2025 was $69.5 million, as compared to $43.9 million in the year ago quarter. "SiTime's continued momentum across our end markets demonstrates that our focus on high performance applications is working," said Rajesh Vashist, CEO and chairman of SiTime. "Revenue from our Communications, Enterprise, and Data Center market (CED) grew 137% year over year, fueled by AI that created strong demand for our Precision Timing solutions." In the second quarter of 2025, GAA
- SiTime Corporation to Announce Second Quarter 2025 Financial Results on August 6, 2025SiTime Corporation (NASDAQ:SITM), the Precision Timing company, will announce its second quarter 2025 financial results on Wednesday, August 6, 2025, after market close. Rajesh Vashist, chief executive officer, and Beth Howe, chief financial officer, will broadcast a conference call at 2:00 p.m. Pacific Time to discuss the company's results. Analysts and investors are invited to join the conference call using the following information: Date: Wednesday, August 6, 2025 Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) Live webcast: Click Here Register for dial-in number: Register Here Advanced registration is required for dial-in participants. Please complete the linked registrat
- SiTime Reports First Quarter 2025 Financial ResultsSANTA CLARA, Calif., May 07, 2025 (GLOBE NEWSWIRE) -- SiTime Corporation, (NASDAQ:SITM), the Precision Timing company, today announced financial results for the first quarter ended March 31, 2025. Net revenue in the first quarter of 2025 was $60.3 million, as compared to $33.0 million in the year ago quarter. "Our Q1 revenue growth of 83% year-over-year highlights the strength of our business across our end markets," said Rajesh Vashist, CEO and chairman of SiTime. "Customer enthusiasm for our newest products, including the Elite RF Super-TCXO and Symphonic mobile clock generator, underscore our Precision Timing leadership from the datacenter to the edge. We anticipate continued strong g
- SiTime Corporation to Announce First Quarter 2025 Financial Results on May 7, 2025SANTA CLARA, Calif., April 09, 2025 (GLOBE NEWSWIRE) -- SiTime Corporation (NASDAQ:SITM), the Precision Timing company, will announce its first quarter 2025 financial results on Wednesday, May 7, 2025, after market close. Rajesh Vashist, chief executive officer, and Beth Howe, chief financial officer, will broadcast a conference call at 2:00 p.m. Pacific Time to discuss the company's results. Analysts and investors are invited to join the conference call using the following information: Date: Wednesday, May 7, 2025Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)Live webcast: Click Here Register for dial-in number: Click Here Advanced registration is required for dial-in participan
- SiTime Reports Fourth Quarter and Fiscal Year 2024 Financial ResultsSANTA CLARA, Calif., Feb. 05, 2025 (GLOBE NEWSWIRE) -- SiTime Corporation, (NASDAQ:SITM), the Precision Timing company, today announced financial results for the fourth quarter and financial year ended December 31, 2024. Net revenue in the fourth quarter of 2024 was $68.1 million, an 18% increase from $57.7 million in the prior quarter and an increase of 61% from the year ago period. Net revenue for fiscal year 2024 was $202.7 million, an increase of 41% from $144.0 million in fiscal year 2023. "In Q4, we surpassed revenue expectations highlighting our market diversification, and entered 2025 with strong momentum," said Rajesh Vashist, CEO and chairman of SiTime. "We reported over 30% g
- SiTime Corporation to Announce Fourth Quarter 2024 Financial Results on February 5, 2025SANTA CLARA, Calif., Jan. 08, 2025 (GLOBE NEWSWIRE) -- SiTime Corporation (NASDAQ:SITM), the Precision Timing company, will announce its fourth quarter 2024 financial results on Wednesday, February 5, 2025, after market close. Rajesh Vashist, chief executive officer, and Beth Howe, chief financial officer, will broadcast a conference call at 2:00 p.m. Pacific Time to discuss the company's results. Analysts and investors are invited to join the conference call using the following information: Date: Wednesday, February 5, 2025Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)Live webcast: Click Here Register for dial-in number: Click Here Advanced registration is required for dial-in
- SiTime Reports Third Quarter 2024 Financial ResultsSANTA CLARA, Calif., Nov. 06, 2024 (GLOBE NEWSWIRE) -- SiTime Corporation, (NASDAQ:SITM), the Precision Timing company, today announced financial results for the third quarter ended September 30, 2024. Net revenue in the third quarter of 2024 was $57.7 million, a 32% increase from $43.9 million in the prior quarter and an increase of 62% from the year ago period. "We saw strong revenue and profit growth in Q3," said Rajesh Vashist, CEO and chairman of SiTime. "All of our market segments grew by double-digit percentages sequentially. Our strategy of focusing on high-value applications with differentiated product offerings is delivering results and continues to fuel our growth." In the th
- SiTime Corporation to Announce Third Quarter 2024 Financial Results on November 6, 2024SANTA CLARA, Calif., Oct. 09, 2024 (GLOBE NEWSWIRE) -- SiTime Corporation (NASDAQ:SITM), the Precision Timing company, will announce its third quarter 2024 financial results on Wednesday, November 6, 2024, after market close. Rajesh Vashist, chief executive officer, and Beth Howe, chief financial officer, will broadcast a conference call at 2:00 p.m. Pacific Time to discuss the company's results. Analysts and investors are invited to join the conference call using the following information: Date: Wednesday, November 6, 2024Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)Live webcast: Click HereRegister for dial-in number: Click Here Advanced registration is required for dial-in pa
- SiTime Reports Second Quarter 2024 Financial ResultsSANTA CLARA, Calif., Aug. 07, 2024 (GLOBE NEWSWIRE) -- SiTime Corporation, (NASDAQ:SITM), the Precision Timing company, today announced financial results for the second quarter ended June 30, 2024. Net revenue in the second quarter of 2024 was $43.9 million, a 33% increase from $33.0 million in the prior quarter and an increase of 58% from the year ago period. "Q2 results exceeded our outlook," said Rajesh Vashist, CEO and chairman of SiTime. "Demand grew across all market segments, fueled by the highest growth segment, communications, enterprise and datacenters (CED). Our investments over the past five years have given us a diversified product portfolio — one that meets the industry's p
- SiTime Corporation to Announce Second Quarter 2024 Financial Results on August 7, 2024SANTA CLARA, Calif., July 11, 2024 (GLOBE NEWSWIRE) -- SiTime Corporation (NASDAQ:SITM), the precision timing company, will announce its second quarter 2024 financial results on Wednesday, August 7, 2024, after market close. Rajesh Vashist, SiTime's chief executive officer, and Beth Howe, chief financial officer, will broadcast a conference call at 2:00 p.m. Pacific Time to discuss the company's results. Analysts and investors are invited to join the conference call using the following information: Date: Wednesday, August 7, 2024Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)Live webcast: Click HereRegister for dial-in number: Click Here Advanced registration is required for dial
- SiTime Reports First Quarter 2024 Financial ResultsSANTA CLARA, Calif., May 08, 2024 (GLOBE NEWSWIRE) -- SiTime Corporation, (NASDAQ:SITM), the Precision Timing company, today announced financial results for the first quarter ended March 31, 2024. Net revenue in the first quarter of 2024 was $33.0 million, a 22% decrease from $42.4 million in the prior quarter. "SiTime is a leading provider of precision timing chips in electronics markets such as datacenter, AI and industrial," said Rajesh Vashist, CEO and chairman of SiTime. "Our investments to expand our product portfolio, including our latest Chorus clock generators, have positioned us well for sustained growth in Q2 and beyond." In the first quarter of 2024, GAAP gross margins were
- SiTime Corporation to Announce First Quarter 2024 Financial Results on May 8, 2024SANTA CLARA, Calif., April 10, 2024 (GLOBE NEWSWIRE) -- SiTime Corporation (NASDAQ:SITM), the inventor of precision timing, will announce its first quarter 2024 financial results on Wednesday, May 8, 2024, after market close. Rajesh Vashist, SiTime's chief executive officer, and Beth Howe, chief financial officer, will broadcast a conference call at 2:00 p.m. Pacific Time to discuss the company's results. Analysts and investors are invited to join the conference call using the following information: Date: Wednesday, May 8, 2024Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)Live webcast: Click HereRegister for dial-in number: Click Here Advanced registration is required for dial-i
- SiTime Reports Fourth Quarter 2023 Financial ResultsSANTA CLARA, Calif., Feb. 13, 2024 (GLOBE NEWSWIRE) -- SiTime Corporation, (NASDAQ:SITM), the precision timing company, today announced financial results for the fourth quarter ended December 31, 2023. Net revenue in the fourth quarter was $42.4 million, a 19% increase from the $35.5 million in the prior quarter. Net revenue for fiscal year 2023 was $144.0 million compared with $283.6 million in fiscal year 2022. Generally Accepted Accounting Principles (GAAP) Results In the fourth quarter, GAAP gross profit was $23.7 million, or 55.9% of revenue, GAAP operating expenses were $51.2 million, GAAP loss from operations was $27.5 million, and GAAP net loss was $20.0
- SiTime Corporation to Announce Fourth Quarter 2023 Financial Results on February 13, 2024SANTA CLARA, Calif., Jan. 23, 2024 (GLOBE NEWSWIRE) -- SiTime Corporation (NASDAQ:SITM), the precision timing company, will announce its fourth quarter 2023 financial results on Tuesday, February 13, 2024, after market close. Rajesh Vashist, SiTime's chief executive officer, and Beth Howe, chief financial officer, will broadcast a conference call at 2:00 p.m. Pacific Time to discuss the company's results. Analysts and investors are invited to join the conference call using the following information: Date: Tuesday, February 13, 2024Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)Live webcast: Click HereRegister for dial-in number: Click Here Advanced registration is required for di
- SiTime Reports Third Quarter 2023 Financial ResultsSANTA CLARA, Calif., Nov. 01, 2023 (GLOBE NEWSWIRE) -- SiTime Corporation, (NASDAQ:SITM), the precision timing company, today announced financial results for the third quarter ended September 30, 2023. Net revenue in the third quarter of 2023 was $35.5 million, a 28.1% increase from the $27.7 million in the second quarter of 2023. Generally Accepted Accounting Principles (GAAP) Results In the third quarter of 2023, GAAP gross margins were $19.9 million, or 56.1% of revenue, GAAP operating expenses were $45.1 million, GAAP loss from operations was $25.2 million, and GAAP net loss was $18.1 million, or $0.81 per basic share. Total cash and cash equivalents were $16.7 mill
- SiTime Corporation to Announce Third Quarter 2023 Financial Results on November 1, 2023SANTA CLARA, Calif., Oct. 04, 2023 (GLOBE NEWSWIRE) -- SiTime Corporation (NASDAQ:SITM), the precision timing company, will announce its third quarter 2023 financial results on Wednesday, November 1, 2023, after market close. Rajesh Vashist, SiTime's chief executive officer, and Art Chadwick, chief financial officer, will broadcast a conference call at 2:00 p.m. Pacific Time to discuss the company's results. Analysts and investors are invited to join the conference call using the following information: Date: Wednesday, November 1, 2023Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)Live webcast: Click HereRegister for dial-in number: Click Here Advanced registration is required fo
- SiTime Reports Second Quarter 2023 Financial ResultsSANTA CLARA, Calif., Aug. 02, 2023 (GLOBE NEWSWIRE) -- SiTime Corporation, (NASDAQ:SITM), the precision timing company, today announced financial results for the second quarter ended June 30, 2023. Net revenue in the second quarter of 2023 was $27.7 million, a 27.7% decrease from the $38.3 million in the first quarter of 2023. Generally Accepted Accounting Principles (GAAP) Results In the second quarter of 2023, GAAP gross margins were $15.4 million, or 55.7% of revenue, GAAP operating expenses were $47.8 million, GAAP loss from operations was $32.4 million, and GAAP net loss was $25.9 million, or $1.17 per basic share. Total cash and cash equivalents were $30.4 million and short-term
- SiTime Corporation to Announce Second Quarter 2023 Financial Results on August 2, 2023SANTA CLARA, Calif., July 06, 2023 (GLOBE NEWSWIRE) -- SiTime Corporation (NASDAQ:SITM), the precision timing company, will announce its second quarter 2023 financial results on Wednesday, August 2, 2023, after market close. Rajesh Vashist, SiTime's chief executive officer, and Art Chadwick, chief financial officer, will broadcast a conference call at 2:00 p.m. Pacific Time to discuss the company's results. Analysts and investors are invited to join the conference call using the following information: Date: Wednesday, August 2, 2023Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)Live webcast: Click HereRegister for dial-in number: Click Here Advanced registration is requir
- SiTime Reports First Quarter 2023 Financial ResultsSANTA CLARA, Calif., May 03, 2023 (GLOBE NEWSWIRE) -- SiTime Corporation, (NASDAQ:SITM), the precision timing company, today announced financial results for the first quarter ended March 31, 2023. Net revenue in the first quarter of 2023 was $38.3 million, a 37.0% decrease from the $60.8 million in the fourth quarter of 2022. Generally Accepted Accounting Principles (GAAP) Results In the first quarter of 2023, GAAP gross margins were $23.0 million, or 60.1% of revenue, GAAP operating expenses were $45.2 million, GAAP loss from operations was $22.1 million, and GAAP net loss was $16.5 million, or $(0.76) per basic share. Total cash and cash equivalents were $38.3 million and sho
- SiTime Corporation to Announce First Quarter 2023 Financial Results on May 3, 2023SANTA CLARA, Calif., April 05, 2023 (GLOBE NEWSWIRE) -- SiTime Corporation (NASDAQ:SITM), the precision timing company, will announce its first quarter 2023 financial results on Wednesday, May 3, 2023, after market close. Rajesh Vashist, SiTime's chief executive officer, and Art Chadwick, chief financial officer, will broadcast a conference call at 2:00 p.m. Pacific Time to discuss the company's results. Analysts and investors are invited to join the conference call using the following information: Date: Wednesday, May 3, 2023Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)Live webcast: Click HereRegister for dial-in number: Click Here Advanced registration is required for
- SiTime Reports Fourth Quarter 2022 Financial ResultsSANTA CLARA, Calif., Feb. 01, 2023 (GLOBE NEWSWIRE) -- SiTime Corporation, (NASDAQ:SITM), the precision timing company, today announced financial results for the fourth quarter and fiscal year ended December 31, 2022. Net revenue in the fourth quarter of 2022 was $60.8 million, a 19.7% decrease from the $75.7 million in the fourth quarter of 2021. Net revenue for the year ended December 31, 2022 was $283.6 million, a 29.6% increase from the $218.8 million in the year ended December 31, 2021. Generally Accepted Accounting Principles (GAAP) Results In the fourth quarter of 2022, GAAP gross margins were $37.8 million, or 62.1% of revenue, GAAP operating expenses were $43.5 million, or 71.
- SiTime Corporation to Announce Fourth Quarter 2022 Financial Results on February 1, 2023SANTA CLARA, Calif., Jan. 05, 2023 (GLOBE NEWSWIRE) -- SiTime Corporation (NASDAQ:SITM), the precision timing company, will announce its fourth quarter 2022 financial results on Wednesday, February 1, 2023, after market close. Rajesh Vashist, SiTime's chief executive officer, and Art Chadwick, chief financial officer, will broadcast a conference call at 2:00 p.m. Pacific Time to discuss the company's results. Analysts and investors are invited to join the conference call using the following information: Date: Wednesday, February 1, 2023Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)Live webcast: Click HereRegister for dial-in number: Click Here Advanced registration is required f
- SiTime Reports Third Quarter 2022 Financial ResultsSANTA CLARA, Calif., Nov. 02, 2022 (GLOBE NEWSWIRE) -- SiTime Corporation, (NASDAQ:SITM), the precision timing company, today announced financial results for the third quarter ended September 30, 2022. Net revenue in the third quarter of 2022 was $73.1 million, a 16.0% increase from the $63.0 million in the third quarter of 2021 and an 8.0% decrease from the $79.4 million in the second quarter of 2022. Generally Accepted Accounting Principles (GAAP) Results In the third quarter of 2022, GAAP gross margins were $47.3 million, or 64.7% of revenue, GAAP operating expenses were $43.8 million, or 59.9% of revenue, GAAP income from operations was $3.5 million, or 4.8% of revenue and GAAP net
- SiTime Corporation to Announce Third Quarter 2022 Financial Results on November 2, 2022SANTA CLARA, Calif., Oct. 05, 2022 (GLOBE NEWSWIRE) -- SiTime Corporation (NASDAQ:SITM), the precision timing company, will announce its third quarter 2022 financial results on Wednesday, November 2, 2022, after market close. Rajesh Vashist, SiTime's chief executive officer, and Art Chadwick, chief financial officer, will broadcast a conference call at 2:00 p.m. Pacific Time to discuss the company's results. Analysts and investors are invited to join the conference call using the following information: Date: Wednesday, November 2, 2022Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)Live webcast: Click HereRegister for dial-in number: Click Here Advanced registration is required fo
- SiTime Reports Second Quarter 2022 Financial ResultsSANTA CLARA, Calif., Aug. 03, 2022 (GLOBE NEWSWIRE) -- SiTime Corporation, (NASDAQ:SITM), a market leader in precision timing, today announced financial results for the second quarter ended June 30, 2022. Net revenue in the second quarter of 2022 was $79.4 million, a 78.5% increase from the $44.5 million in the second quarter of 2021 and a 13.0% increase from the $70.3 million in the first quarter of 2022. Generally Accepted Accounting Principles (GAAP) Results In the second quarter of 2022 gross margins were $52.7 million, or 66.3% of revenue, operating expenses were $40.4 million, or 50.9% of revenue, GAAP income from operations was $12.3 million, or 15.5% of revenue and net income wa
- SiTime Corporation to Announce Second Quarter 2022 Financial Results on August 3, 2022SANTA CLARA, Calif., June 30, 2022 (GLOBE NEWSWIRE) -- SiTime Corporation (NASDAQ:SITM), the leader in precision timing, will announce its second quarter 2022 financial results on Wednesday, August 3, 2022, after market close. Rajesh Vashist, SiTime's chief executive officer, and Art Chadwick, chief financial officer, will broadcast a conference call at 2:00 p.m. Pacific Time to discuss the company's results. Analysts and investors are invited to join the conference call using the following information: Date: Wednesday, August 3, 2022Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)Live webcast: Click HereRegister for dial-in number: Click Here Advanced registration is required for
- SiTime Reports First Quarter 2022 Financial ResultsSANTA CLARA, Calif., May 04, 2022 (GLOBE NEWSWIRE) -- SiTime Corporation, (NASDAQ:SITM), a market leader in precision timing, today announced financial results for the first quarter ended March 31, 2022. Net revenue in the first quarter of 2022 was $70.3 million, a 97.7% increase from the $35.5 million in the first quarter of 2021 and a 7.2% decrease from the $75.7 million in the fourth quarter of 2021. Generally Accepted Accounting Principles (GAAP) Results In the first quarter of 2022 gross margins were $45.2 million, or 64.4% of revenue, operating expenses were $39.2 million, or 55.8% of revenue, GAAP income from operations was $6.1 million, or 8.6% of revenue and net income was $6.1
- SiTime Corporation to Announce First Quarter 2022 Financial Results on May 4, 2022SANTA CLARA, Calif., April 06, 2022 (GLOBE NEWSWIRE) -- SiTime Corporation (NASDAQ:SITM), a market leader in MEMS precision timing solutions, will announce its first quarter 2022 financial results on Wednesday, May 4, 2022, after market close. Rajesh Vashist, SiTime's chief executive officer, and Art Chadwick, chief financial officer, will host a conference call at 2:00 p.m. Pacific Time to discuss the company's results. A live audio webcast of the conference call will be available and archived for approximately 90 days in the investor relations section of the company's website at investor.sitime.com. Analysts and investors are invited to join the conference call using the following inf
- SiTime Reports Fourth Quarter 2021 Financial ResultsSANTA CLARA, Calif., Feb. 02, 2022 (GLOBE NEWSWIRE) -- SiTime Corporation (NASDAQ:SITM), a market leader in MEMS timing, today announced financial results for the fourth quarter and fiscal year ended December 31, 2021. Net revenue in the fourth quarter of 2021 was $75.7 million, a 88.1% increase from the $40.3 million in the fourth quarter of 2020. Net revenue for the year ended December 31, 2021 was $218.8 million, a 88.4% increase from the $116.2 million in the year ended December 31, 2020. Generally Accepted Accounting Principles (GAAP) Results In the fourth quarter of 2021, gross margins were $52.1 million, or 68.8% of revenue, operating expenses were $31.9 million
- SiTime Corporation to Announce Fourth Quarter 2021 Financial Results on February 2, 2022SANTA CLARA, Calif., Jan. 05, 2022 (GLOBE NEWSWIRE) -- SiTime Corporation (NASDAQ:SITM), a leader in MEMS timing, will announce its fourth quarter 2021 financial results on Wednesday, February 2, 2022, after market close. Rajesh Vashist, SiTime's chief executive officer, and Art Chadwick, chief financial officer, will host a conference call at 2:00 p.m. Pacific Time to discuss the company's results. A live audio webcast of the conference call will be available and archived for approximately 90 days in the investor relations section of the company's website at investor.sitime.com. Analysts and investors are invited to join the conference call using the following information: Date: Wedne
- SiTime Reports Third Quarter 2021 Financial ResultsSANTA CLARA, Calif., Nov. 03, 2021 (GLOBE NEWSWIRE) -- SiTime Corporation, (NASDAQ:SITM), a market leader in MEMS timing, today announced financial results for the third quarter ended September 30, 2021. Net revenue in the third quarter of 2021 was $63.0 million, a 92.9% increase from the $32.7 million in the third quarter of 2020 and a 41.7% increase from the $44.5 million in the second quarter of 2021. Generally Accepted Accounting Principles (GAAP) Results In the third quarter of 2021 gross margins were $41.7 million, or 66.2% of revenue, operating expenses were $27.6 million, or 43.8% of revenue, GAAP income from operations was $14.1 million, or 22.3% of revenue and net income was $
- SiTime Corporation to Announce Third Quarter 2021 Financial Results on November 3, 2021SANTA CLARA, Calif., Oct. 05, 2021 (GLOBE NEWSWIRE) -- SiTime Corporation (NASDAQ:SITM), a market leader in MEMS timing, will announce its third quarter 2021 financial results on Wednesday, November 3, 2021, after market close. Rajesh Vashist, SiTime's chief executive officer, and Art Chadwick, chief financial officer, will host a conference call at 2:00 p.m. Pacific Time to discuss the company's results. A live audio webcast of the conference call will be available and archived for approximately 90 days in the investor relations section of the company's website at investor.sitime.com. Analysts and investors are invited to join the conference call using the following information: Date:
- SiTime Reports Second Quarter 2021 Financial ResultsSANTA CLARA, Calif., Aug. 04, 2021 (GLOBE NEWSWIRE) -- SiTime Corporation, (NASDAQ:SITM), a market leader in MEMS timing, today announced financial results for the second quarter ended June 30, 2021. Net revenue in the second quarter of 2021 was $44.5 million, a 107.2% increase from the $21.5 million in the second quarter of 2020 and a 25.2% increase from the $35.5 million in the first quarter of 2021. Generally Accepted Accounting Principles (GAAP) Results In the second quarter of 2021 gross margins were $26.8 million, or 60.3% of revenue, operating expenses were $24.8 million, or 55.6% of revenue, GAAP income from operations was $2.1 million, or 4.7% of revenue and net income was $2.0