Credit Suisse initiated coverage on SiTime with a new price target

SANTA CLARA, Calif., March 03, 2025 (GLOBE NEWSWIRE) -- SiTime Corporation (NASDAQ:SITM), the Precision Timing company, today announced that SiTime's CEO, Rajesh Vashist, and CFO, Beth Howe, will present at the Morgan Stanley Technology, Media & Telecom Conference to be held at the Palace Hotel in San Francisco, CA. SiTime management is scheduled to host a fireside chat at 4:50 p.m. PST on Tuesday, March 4, 2025. A live and archived webcast of the Company's fireside chat will be available in the Events section of SiTime's Investor Relations website. About SiTime SiTime Corporation is the Precision Timing company. Our semiconductor MEMS programmable solutions offer a rich feature set tha

SANTA 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

Uniquely Enables 3X Better Synchronization and 800G Network Connectivity in a 4X Smaller Footprint Solution SiTime Corporation (NASDAQ:SITM), the precision timing company, today announced the differential-ended SiT5977 Super-TCXO®, the newest member of the SiTime Elite RF™ family. This is the only single-chip timing solution that delivers the most resilient performance for AI compute-nodes with high bandwidth and network synchronization. Applications include smart network interface cards (Smart NICs), acceleration cards, switches and compute nodes in the $200 billion datacenter infrastructure market. 1 This press release features multimedia. View the full release here: https://www.busine

Barclays downgraded SiTime from Equal Weight to Underweight and set a new price target of $90.00

Needham upgraded SiTime from Hold to Buy and set a new price target of $130.00

Wolfe Research initiated coverage of SiTime with a rating of Outperform and set a new price target of $160.00

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SiTime Corporation (NASDAQ:SITM), the precision timing company, today announced that Beth Howe has been named SiTime's executive vice president and chief financial officer (CFO) effective November 8, 2023. Art Chadwick has made the decision to step down as CFO and retire, effective November 7, 2023. He will work with the team and ensure a smooth transition. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231101119700/en/As CFO, Beth will be responsible for overseeing all aspects of the company's financial management. SiTime redefines timing technology for intelligent, connected devices. (Photo: Business Wire) "I joined SiTime a l

IRVINE, Calif., Oct. 25, 2022 (GLOBE NEWSWIRE) -- Syntiant Corp., a provider of deep learning solutions for always-on edge AI applications, today announced the addition of Edward Frank, Ph.D., to its board of directors. Dr. Frank joins Syntiant's board following more than 35 years of leadership in innovative technology companies, including serving at Apple Inc. from 2009 until 2013 as vice president, Macintosh Hardware Systems Engineering. Dr. Frank also served as corporate vice president, research and development, of Broadcom, a leading developer of integrated circuits for broadband communication. He was the founder and CEO of Epigram, Inc., a developer of integrated circuits and softwar

SANTA CLARA, Calif., April 05, 2021 (GLOBE NEWSWIRE) -- SiTime Corporation (NASDAQ: SITM), a market leader in MEMS timing, today announced that Christine A. Heckart has been appointed to the company’s Board of Directors. “I am delighted to welcome Christine to SiTime’s board,” said Rajesh Vashist, chief executive officer and chairman of the board at SiTime. “Communications and enterprise markets are a key growth area for SiTime. Christine’s wealth of leadership experience in this space will be invaluable as we pursue our goal of building an enduring company that transforms the $8 billion timing market.” Since 2019, Christine A. Heckart has served as the CEO of Scaylr, Inc., a cloud-

SANTA 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

SANTA 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

SANTA 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

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