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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Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

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., 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.

SiTime Corporation to Announce First Quarter 2023 Financial Results on May 3, 2023

SiTime has a unique advantage in the timing industry as it is the sole supplier offering a complete range of all-silicon timing products. SiTime has a healthy cash reserve of over $500 million, which the company can use to pursue acquisitions during a downturn period.

SiTime: Long-Term Growth Trajectory Remains Compelling

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It's not surprising, as during shortage most customers overordered and now have to wind down inventories, like the company's biggest customer. This will happen in H1/23, but underlying demand remains strong, the company's 'cruze-speed' growth rate is 30%, producing 65% gross margins.

Investors Should Look Beyond SiTime's Inventory Correction

SANTA CLARA, Calif., Feb. 27, 2023 (GLOBE NEWSWIRE) -- SiTime Corporation, (Nasdaq: SITM), the precision timing company, today announced that SiTime's CFO, Art Chadwick, will participate at the following financial conferences.

SiTime to Participate at Upcoming Financial Conferences

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Here's why SiTime is a top holding in my million-dollar growth stock portfolio.

SiTime Stock Is a Top Holding, but Is It a Buy Now?

SiTime Corporation (NASDAQ:SITM ) Q4 2022 Earnings Conference Call February 1, 2023 5:00 PM ET Company Participants Brett Perry - Shelton Group Investor Relations Rajesh Vashist - Chief Executive Officer Art Chadwick - Executive Vice President & Chief Financial Officer Conference Call Participants Quinn Bolton - Needham & Company Chris Caso - Credit Suisse Alessandra Vecchi - William Blair Suji Desilva - ROTH Capital Partners Tore Svanberg - Stifel Doug O'Laughlin - Fabricated Knowledge Operator Good afternoon, and welcome to SiTime's Fourth Quarter 2022 Financial Results Conference Call. At this time, all participants are in a listen-only mode.

SiTime Corporation (SITM) Q4 2022 Earnings Call Transcript

SiTime (SITM) delivered earnings and revenue surprises of 16.36% and 1.40%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

SiTime (SITM) Beats Q4 Earnings and Revenue Estimates

SANTA 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.

SiTime Reports Fourth Quarter 2022 Financial Results

SANTA CLARA, Calif.--( BUSINESS WIRE )--SiTime Corporation, (Nasdaq: SITM), the precision timing company, today announced two new Endura™ precision timing oscillator families. These ruggedized devices are engineered to deliver high performance in extreme conditions in aerospace-defense applications such as Positioning, Navigation and Timing (PNT), tactical communications, network synchronization and surveillance. The devices include the Endura ultra-stable Super-TCXO® and the Endura low-jitter differential oscillator. Both families deliver 10x better environmental resilience. In addition, the Endura Super-TCXO family delivers up to 5x better stability, while the differential oscillator family delivers the best jitter.

SiTime Expands Portfolio of Precision Timing Solutions for Aerospace and Defense with Two New Endura Oscillator Families

SANTA 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.

SiTime Corporation to Announce Fourth Quarter 2022 Financial Results on February 1, 2023

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SANTA CLARA, Calif.--( BUSINESS WIRE )--SiTime Corp. (NASDAQ: SITM), the precision timing company, today announced it has won the Global Semiconductor Alliance (GSA) Award for the Best Financially Managed Semiconductor Company Achieving up to $1 Billion in Annual Sales. SiTime received the prestigious industry award at the 2022 GSA Awards Dinner Celebration held on Dec. 8 in Santa Clara, CA.

SiTime Wins GSA's Best Financially Managed Semiconductor Company Award

SANTA CLARA, Calif.--( BUSINESS WIRE )--SiTime Corp. (NASDAQ: SITM), the precision timing company, today announced a new precision timing platform, Elite RF™, that simplifies timing architecture in wireless infrastructure. The Elite RF Super-TCXO® enables higher bandwidth and lower latency that is critical to future 5G and satellite communications deployment. This new platform expands SiTime's SAM by $150M with target applications such as infrastructure radios in small cells, remote radio units (RRUs), microwave backhaul, and SATCOM equipment.

SiTime Rearchitects Wireless Infrastructure Timing with New Elite RF Platform

SANTA CLARA, Calif.--( BUSINESS WIRE )--SiTime Corporation (Nasdaq: SITM), the precision timing company, announced today that AMD is using SiTime MEMS precision timing solutions for its new Alveo™ X3 series, the first AMD network cards designed with screened FPGAs and optimized specifically for low latency electronic trading. Designed for the fintech industry, AMD's first network interface card (NIC) platform is optimized for electronic trading systems that require lower latency and security in every transaction. The SiTime SiT95145 Cascade™ clock system on a chip (ClkSoC™) is a unique single chip solution that generates all the clocks in the Alveo X3 NIC and delivers superior performance required by high-speed networks, and data centers that are the backbone of stock exchanges.

SiTime Precision Timing Solution Provides Clocking for New AMD Alveo X3 Series Platform

SiTime Sets New Benchmark in Timing Performance with New Precision Oscillator for Data Centers and 5G Infrastructure

SiTime to Showcase Precision Timing Solutions at ITSF 2022

SiTime heavily relies on top-line strength to keep its margins, so more customers equals more revenue. SiTime was able to acquire more design wins, was able to position itself for single sourcing, and its expansion in the IoT automotive market is a huge win.

SiTime's Growth Drivers Prime It For Growth And Long-Term Profitability

SiTime Corporation (NASDAQ:SITM ) Q3 2022 Earnings Conference Call November 2, 2022 5:00 PM ET Company Participants Brett Perry - Shelton Group Investor Relations Rajesh Vashist - Chief Executive Officer Art Chadwick - Chief Financial Officer Conference Call Participants Alessandra Vecchi - William Blair Suji Desilva - ROTH Capital Quinn Bolton - Needham & Company Operator Good afternoon, and welcome to SiTime's Third Quarter 2022 Financial Results Conference Call. At this time, all participants are in a listen-only mode.

SiTime Corporation (SITM) Q3 2022 Earnings Call Transcript

SiTime (SITM) delivered earnings and revenue surprises of 14.12% and 0.10%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

SiTime (SITM) Q3 Earnings and Revenues Surpass Estimates

SANTA 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.

SiTime Reports Third Quarter 2022 Financial Results

SiTime Expands Automotive SAM with New Family Precision Timing Solutions

SiTime to Showcase Precision Timing Solutions at Open Compute Project (OCP) Global Summit 2022

SANTA 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.

News for SiTime Corporation Stock (SITM)