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home / news releases / SITM - SiTime Corporation: Growth Outlook Is Not A Sure Thing

SITM - SiTime Corporation: Growth Outlook Is Not A Sure Thing

SiTime Corporation

2024-03-06 04:56:58 ET

Summary

  • SiTime’s latest Form 10-K contained a lot of bad numbers for FY2023, but the outlook sees a return to a CAGR of 30% in the near future.
  • SITM grew extremely fast prior to FY2023, but that track record is up for discussion upon closer examination.
  • Valuations are high for SITM due to the potential for growth, but its track record remains mostly unproven after the five years since the IPO.
  • FY2024 is likely to be better than FY2023, but there is a lot about SITM that should keep people on their toes.

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For further details see:

SiTime Corporation: Growth Outlook Is Not A Sure Thing
Stock Information
Company Name: SiTime Corporation
Stock Symbol: SITM
Market: NYSE
Website: sitime.com
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