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

Earnings data Q1 2021

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

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.--(BUSINESS WIRE)-- #DigiKey--SiTime Accelerates Time to Revenue, Simplifies Inventory Management for Industrial and Medical Electronics Customers

SiTime Accelerates Time to Revenue, Simplifies Inventory Management for Industrial and Medical Electronics Customers

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Investors weren't pleased with the news of the company's follow-on offering.

Why SiTime Stock Dropped Today

SiTime Corporation (NASDAQ: SITM) priced 3 million shares at $127 per share, including 1.5 million shares from selling shareholder MegaChips Corporation (OTC: MEGPF) to raise $190.5 million in a secondary offering. The underwriters have a 30-day option to procure up to 0.45 million additional shares.

Apple Supplier SiTime Raises $190.5M At 9.5% Discount

SANTA CLARA, Calif., Feb. 16, 2021 (GLOBE NEWSWIRE) -- SiTime Corporation (Nasdaq: SITM), a leader in MEMS timing, announced today it has publicly filed an automatic shelf registration statement on Form S-3 and a preliminary prospectus supplement with the U.S. Securities and Exchange Commission related to a proposed follow-on public offering of 3,000,000 shares of its common stock, consisting of 1,500,000 shares of common stock to be sold by MegaChips Corporation and 1,500,000 shares to be issued and sold by SiTime. In addition, SiTime intends to grant the underwriters a 30-day option to purchase up to 450,000 additional shares of common stock from SiTime. SiTime will not receive any proceeds from the sale of shares of common stock by MegaChips Corporation. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed or as to the actual size or terms of the offering.

SiTime Corporation Announces Launch of Follow-on Public Offering

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Semiconductor Stocks To Buy And Watch As Q4 Earnings Season Ends

SiTime's (SITM) CEO Rajesh Vashist on Q4 2020 Results - Earnings Call Transcript

SiTime (SITM) delivered earnings and revenue surprises of 16.22% and 2.67%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

SiTime (SITM) Surpasses Q4 Earnings and Revenue Estimates

SANTA CLARA, Calif., Feb. 03, 2021 (GLOBE NEWSWIRE) -- SiTime Corporation, (Nasdaq: SITM), a leader in MEMS timing, today announced financial results for the fourth quarter and fiscal year ended December 31, 2020.

SiTime Reports Fourth Quarter and Fiscal Year 2020 Financial Results

NEW YORK--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces its investigation of SiTime Corporation (NASDAQ: SITM) concerning the Company and its directors' and officers' possible violations of state laws. If you purchased SiTime stock, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Tom Kennedy, of GPM, 230 Park Avenue, Suite 530, New York, NY 10169 at tken

Glancy Prongay & Murray LLP Announces Investigation of SiTime Corporation

SANTA CLARA, Calif.--(BUSINESS WIRE)-- #5g--CellBounce, a Division of ADT, Uses SiTime MEMS Timing in Cellular Bridge Solution for Home Security

CellBounce, a Division of ADT, Uses SiTime MEMS Timing in Cellular Bridge Solution for Home Security

SANTA CLARA, Calif., Nov. 24, 2020 (GLOBE NEWSWIRE) -- SiTime Corporation, (Nasdaq: SITM), a market leader in MEMS timing, today raised revenue guidance for the fourth quarter of 2020, ending December 31, 2020.

SiTime Raises Revenue Guidance for the Fourth Quarter of 2020

SiTime went public in the U.S. in November, 2019. The firm designs and sells various MEMS products to equipment manufacturers in a variety of end markets.

SiTime Is Likely To Continue Its Seasonal Growth Path

SiTime Corporation (SITM) CEO Rajesh Vashist on Q3 2020 Results - Earnings Call Transcript

SANTA CLARA, Calif., Nov. 04, 2020 (GLOBE NEWSWIRE) -- SiTime Corporation, (Nasdaq: SITM), a market leader in MEMS timing, today announced financial results for the third quarter ended September 30, 2020.

SiTime Reports Third Quarter 2020 Financial Results

SANTA CLARA, Calif., Oct. 06, 2020 (GLOBE NEWSWIRE) -- SiTime Corporation (Nasdaq: SITM), a market leader in MEMS timing, will announce its third quarter 2020 financial results on Wednesday, November 4, 2020, after market close.

SiTime Corporation to Announce Third Quarter 2020 Financial Results on November 4, 2020

SANTA CLARA, Calif., Aug.  31, 2020  (GLOBE NEWSWIRE) -- SiTime Corporation, (Nasdaq: SITM), a market leader in MEMS timing, today raised revenue guidance for the third quarter of 2020, ending September 30, 2020.

SiTime Raises Revenue Guidance for the Third Quarter of 2020

SiTime Corporation (SITM) CEO Rajesh Vashist on Q2 2020 Results - Earnings Call Transcript

SiTime (SITM) saw a big move last session, as its shares jumped nearly 6% on the day, amid huge volumes.

SiTime (SITM) Catches Eye: Stock Jumps 5.9%

SiTime (SITM) saw a big move last session, as its shares jumped more than 9% on the day, amid huge volumes.

SiTime (SITM) Looks Good: Stock Adds 9.2% in Session

SANTA CLARA, Calif., March  16, 2020  (GLOBE NEWSWIRE) -- SiTime Corporation (NASDAQ: SITM), a market leader in MEMS timing, today announced the company will be added to the Russell 3000® and Russell 2000® Indexes, effective after the market opens on March 23, 2020, as part of the quarterly addition of qualifying IPOs.

SiTime to Be Added to Russell 3000 and Russell 2000 Indexes

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SiTime Corporation (SITM) CEO Rajesh Vashist on Q4 2019 Results - Earnings Call Transcript

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News for SiTime Corporation Stock (SITM)