MARKET COMPOSITE
SITM - SiTime Corp8:00:00 PM 4/26/2024
Price
$83.07
+ 6.85 (8.99%)
SiTime Corporation, a semiconductor company, provides silicon timing systems solutions in Taiwan, Hong Kong, the United States, and internationally. Its products include resonators and clock integrated circuits, programmable OCXOs, precision MHz super-TCXOs, MHz oscillators, 32.768 kHz oscillators, µPower oscillators 1 Hz to 26 MHz, ruggedized oscillators, and embedded resonators. Its solutions are used in various markets, including enterprise and telecommunications infrastructure, automotive, industrial, Internet of Things, mobile, and aerospace and defense. The company was incorporated in 2003 and is headquartered in Santa Clara, California. SiTime Corporation is a subsidiary of MegaChips Corporation.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue42.4MM+19%
Gross Profit23.7MM+19%
Cost Of Revenue18.7MM+20%
Operating Income-27.5MM+9%
Operating Expenses51.2MM+13%
Net Income-20MM+10%
R&D22.9MM-3%
G&A20.5MM-4%
Amortization900K+29%
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Stock news

    SiTime on Wednesday introduced a chip that it says is designed to help data centers built for artificial intelligence applications run more efficiently. SiTime makes what are known as timing chips, whose job is set a steady beat for all the parts of a computer and keep them running together in sync, like a conductor in an orchestra directing multiple groups of instruments. The company says its new line of chips, called Chorus, can do so with 10 times more precision than older styles of timing ...

    SANTA CLARA, Calif., April 17, 2024--SiTime Corporation (NASDAQ: SITM), the precision timing company, today introduced its Chorus™ family of clock generators for AI datacenter applications. This new MEMS-based clock-system-on-a-chip (ClkSoC) family offers 10X higher performance in half the size, compared to standalone oscillators and clocks. Chorus’ new approach includes clock, oscillator and resonator technologies in an integrated chip, simplifying system clock architecture and accelerating des

    SANTA 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 informa

    SANTA CLARA, Calif., Feb. 27, 2024 (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 3:35 p.m. PST on Tuesday, March 5, 2024. A live and archived webcast of the Company’s fireside chat will be available in the

    SiTime Corporation (NASDAQ:SITM) Q4 2023 Earnings Call Transcript February 13, 2024 SiTime Corporation beats earnings expectations. Reported EPS is $0.24, expectations were $0.2. SiTime Corporation isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good afternoon, and welcome to SiTime’s Fourth […]

    SITM earnings call for the period ending December 31, 2023.

    Revenue Rises 19% in Q4; Non-GAAP Net Income Achieved Despite Annual Net Loss

    SANTA 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, GAA

    SANTA 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 informa

    SANTA CLARA, Calif., Jan. 08, 2024 (GLOBE NEWSWIRE) -- SiTime Corporation (Nasdaq: SITM), the precision timing company, today announced that SiTime’s CEO, Rajesh Vashist, and CFO, Beth Howe, will participate at the 26th Annual Needham Growth Conference on Tuesday, January 16, 2024, which is a designated day for virtual presentations and meetings. Management is scheduled to host a fireside chat at 1:30 p.m. EST and will conduct virtual meetings with investors participating in the conference. A li