SiTime Corporation

SiTime Corp.is a micro-electromechanical system based silicon timing solutions. The company is transforming the timing industry with configurable solutions that replace legacy quartz devices and enable customers to differentiate their products with performance, smaller size, lower power and reliability. SiTime was founded by Markus Lutz and Aaron Partridge on December 3, 2003 and is headquartered in Santa Clara, CA.

Earnings data Q4 2020

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SiTime Corporation reports robust revenue growth and strategic market positioning

SiTime Corporation's strong performance in Q4 2022, with revenue growth, new product introductions, and increased design wins, showcases its resilience and market positioning. Despite short-term challenges in Q1 2023, the company remains confident in its growth trajectory and strategic advantages. With a focus on key markets and differentiated products, SiTime is poised for continued success and market expansion.

SiTime meets Q1 expectations, eyes growth in 2024 despite challenges

SiTime Corporation's Q1 performance was in line with expectations, but Q2 revenue is anticipated to dip. Despite challenges like inventory levels and margin pressures, SiTime sees opportunities for growth in 2024 and beyond.

SiTime reports strong Q2 earnings, anticipates sales growth in Q3

SiTime's Q2 performance reflects solid revenue, margin, and growth metrics, with expectations of continued sales growth in Q3.
The company's strengths lie in its unique technology, customer relationships, and financial discipline, supporting its market differentiation and value proposition.
Challenges include market dynamics, expense management, and maintaining competitive positioning, while opportunities exist in business rebound, new product introductions, and revenue expansion strategies.
Overall, SiTime's strategic focus on precision timing, customer-centric approach, and growth initiatives position them for sustained success and market leadership.

SiTime reports strong Q3 earnings and eyes $100 million clocking business

SiTime's Q3 performance was robust, with strong revenue and margin figures. The acquisition of clock products from Aura Semiconductor is set to drive significant future business. While facing challenges, SiTime's diverse revenue segments and growth expectations provide opportunities for expansion.

SiTime reports robust Q4 earnings, eyes growth in data centers

SiTime's strong Q4 2023 performance and strategic acquisitions position them for growth despite short-term challenges.
Maintaining operational efficiency and focusing on high-growth segments offer SiTime a competitive edge in the market.
Analysts' inquiries reflect market interest in SiTime's growth trajectory and the impact of recent strategic moves on their business.
SiTime's outlook for 2024 indicates a positive growth trajectory, particularly in the data center and enterprise segments.

SiTime reports robust Q1 results, eyes market diversity for growth

SiTime's strong Q1 performance and strategic focus on market diversity position them for future growth.
Challenges include managing pricing pressures, inventory levels, and achieving sequential growth targets.
Opportunities lie in revenue expansion from key markets and upcoming transactions, driving growth potential.
Improving gross margins and financial stability enhance SiTime's competitive position in the market.

SiTime beats Q2 expectations, eyes growth in data centers and AI

SiTime's Q2 performance exceeded expectations, with strong revenue, profit, and EPS, positioning the company for growth in data centers and AI markets.
While challenges like maintaining gross margins and inventory levels persist, SiTime's financial strength and market opportunities bode well for future success.
The company's strategic focus on high-growth markets and operational efficiency underscores its potential for sustained growth and profitability.

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SiTime Corp.is a micro-electromechanical system-based silicon timing solution. The company is transforming the timing industry with configurable solutions that replace legacy quartz devices and enable customers to differentiate their products with performance, smaller size, lower power, and reliability. The company was founded by Markus Lutz and Aaron Partridge on December 3, 2003 and is headquartered in Santa Clara, CA.

SANTA CLARA, Calif.--(BUSINESS WIRE)---- $SITM #Aerospace--SiTime Corporation (NASDAQ: SITM), the precision timing company, today announced its Endura Epoch Platform™ built for robust and resilient positioning, navigation and timing (PNT) services critical in defense operations. The ruggedized MEMS oven-controlled oscillator (OCXO) boosts the resilience of PNT systems and other equipment, such as radars, field and airborne radios, satcom terminals and avionics against spoofing, jamming and other disruptions in Glob.

SiTime Solves Critical Challenges in GPS-enabled Defense Systems

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SANTA CLARA, Calif.--(BUSINESS WIRE)---- $SITM #Acquisition--SiTime Corporation (NASDAQ: SITM), the precision timing company, today announced it has completed the acquisition of clock products from Aura Semiconductor and licensing its clock IP. The deal accelerates SiTime's roadmap and advances the company's vision to become the only provider of completed and differentiated precision timing products. Read more at investor resources. About SiTime SiTime Corporation is the precision timing company. Our semiconductor ME.

SiTime Completes Acquisition of Clock Products from Aura Semiconductor

SANTA CLARA, Calif., Nov. 21, 2023 (GLOBE NEWSWIRE) -- SiTime Corporation, (Nasdaq: SITM), the precision timing company, today announced that SiTime's chief executive officer, Rajesh Vashist, and Beth Howe, chief financial officer, will participate at the following upcoming investor conferences:

SiTime to Participate at Upcoming Investor Conferences

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SANTA CLARA, Calif., Nov. 17, 2023 (GLOBE NEWSWIRE) -- As required by Nasdaq Listing Rule 5635(c)(4), SiTime Corporation (NASDAQ: SITM), the precision timing company, today announced that SiTime granted two restricted stock unit awards (“RSUs”) on November 16, 2023, to Beth Howe, SiTime's new Executive Vice President, Chief Financial Officer. These RSU grants were made in connection with the previously disclosed agreement with Ms. Howe and as a material inducement to her joining SiTime. The grants were approved by the Compensation Committee of SiTime's Board of Directors under SiTime's 2022 Inducement Award Plan in accordance with Nasdaq Listing Rule 5635(c)(4). The first RSU for 50,918 shares of SiTime's common stock will vest over four years with 25% vesting on November 20, 2024, and the remainder will vest as to 1/16 of the total RSU for each quarter thereafter, in each case subject to Ms. Howe's continued service on each vesting date. The second RSU for 3,771 shares of SiTime common stock will vest in full on November 20, 2023, subject to Ms. Howe's continued service on such vesting date. The inducement grants are subject to the terms and conditions of award agreements covering the grants and SiTime's 2022 Inducement Award Plan.

SiTime Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

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SiTime Corporation (NASDAQ:SITM ) Q3 2023 Earnings Conference Call November 1, 2023 5:00 PM ET Company Participants Brett Perry - Shelton Group IR Rajesh Vashist - CEO Art Chadwick - CFO Conference Call Participants Tore Svanberg - Stifel Quinn Bolton - Needham & Company Suji Desilva - ROTH MKM Doug O'Laughlin - Fabricated Knowledge Tore Svanberg - Stifel Chris Caso - Wolfe Research Operator Good afternoon, and welcome to SiTime's Third Quarter 2023 Financial Results Conference Call. At this time, all participants are in a listen-only mode.

SiTime Corporation (SITM) Q3 2023 Earnings Call Transcript

SANTA CLARA, Calif.--(BUSINESS WIRE)---- $SITM #Acquires--SiTime Corporation (NASDAQ: SITM), the precision timing company, today announced it has entered into an exclusive agreement with Aura Semiconductor to acquire its clock products and license all of its clock IP. This is an all-cash transaction, comprised of fixed payments totaling $148 million, and earnouts capped at $120 million. The transaction is expected to close by the end of 2023. “SiTime's vision is to transform all categories of the $10 billion timin.

SiTime Acquires Clock Products from Aura Semiconductor

SANTA 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.

SiTime Reports Third Quarter 2023 Financial Results

SANTA CLARA, Calif.--(BUSINESS WIRE)---- $SITM #CFO--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. “I joined SiTime a little over four years ago to help take the company public, raise capital, and dr.

SiTime Appoints Beth Howe as Executive Vice President and Chief Financial Officer; Art Chadwick Announces Retirement

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SANTA 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.

SiTime Corporation to Announce Third Quarter 2023 Financial Results on November 1, 2023

SANTA CLARA, Calif.--(BUSINESS WIRE)---- $SITM #Epoch--SiTime Corporation (NASDAQ: SITM), the precision timing company, today announced the SiTime Epoch Platform™, designed to solve the most complex timing issues in electronics and disrupt 100-year-old quartz-based technology. The SiTime Epoch Platform is a MEMS-based, oven-controlled oscillator (OCXO) that delivers an ultra-stable clock to datacenter and network infrastructure equipment, unlocking a cumulative $2 billion served addressable market (SAM) in the.

SiTime Transforms Precision Timing with New Epoch Platform

SiTime Corporation (NASDAQ:SITM ) Q2 2023 Results Conference Call August 2, 2023 5:00 PM ET Company Participants Brett Perry - Shelton Group Investor Relations Rajesh Vashist - CEO Art Chadwick - CFO Conference Call Participants Tore Svanberg - Stifel Suji Desilva - ROTH Capital Quinn Bolton - Needham & Company Chris Caso - Wolfe Research Douglas O'Laughlin - Fabricated Knowledge Operator Good afternoon. And welcome to SiTime's Second Quarter 2023 Financial Results Conference Call [Operator Instructions].

SiTime Corporation (SITM) Q2 2023 Earnings Call Transcript

SANTA 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.

SiTime Reports Second Quarter 2023 Financial Results

SANTA 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.

SiTime Corporation to Announce Second Quarter 2023 Financial Results on August 2, 2023

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SANTA CLARA, Calif., May 31, 2023 (GLOBE NEWSWIRE) -- SiTime Corporation, (Nasdaq: SITM), the precision timing company, today announced that SiTime's CEO, Rajesh Vashist, and CFO, Art Chadwick, will attend the Stifel 2023 Cross Sector Insight Conference to be held at the InterContinental Hotel in Boston, MA. SiTime management will participate in a fireside chat at 4:45 p.m. EDT on Tuesday, June 6, 2023.

SiTime to Present at the Stifel 2023 Cross Sector Insight Conference

SiTime Corporation (NASDAQ:SITM ) Q1 2023 Earnings Conference Call May 3, 2023 5:00 PM ET Company Participants Brett Perry - Shelton Group IR Rajesh Vashist - CEO Art Chadwick - EVP and CFO Conference Call Participants Tore Svanberg - Stifel, Nicolaus & Company Suji Desilva - ROTH Capital Quinn Bolton - Needham & Company Operator Good afternoon and welcome to SiTime's First Quarter 2023 Financial Results Conference Call. At this time, all participants are in a listen-only mode.

SiTime Corporation (SITM) Q1 2023 Earnings Call Transcript

SANTA 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.

SiTime Reports First Quarter 2023 Financial Results

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SiTime: A High-Growth Technology Story In The Time Space.

SiTime: A High-Growth Technology Story In The Time Space

SANTA CLARA, Calif.--(BUSINESS WIRE)-- #ADAS--SiTime Corporation (NASDAQ: SITM), the precision timing company, today introduced its latest generation of automotive oscillators to enable higher safety for advanced driver assistance systems (ADAS), infotainment and car-to-home wireless connectivity. SiTime SiT1623/25 automotive-grade oscillators comply with the stringent AEC-Q100 standard and address a $100M market.

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SANTA CLARA, Calif.--(BUSINESS WIRE)-- #5G--SiTime Delivers Precision Timing Solution for Industry Leading Low Power FPGAs from Lattice Semiconductor

News for SiTime Corporation Stock (SITM)