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SITM News and Press, SiTime Corporation From 02/01/23

Stock Information

Company Name: SiTime Corporation
Stock Symbol: SITM
Market: NYSE
Website: sitime.com

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SITM - SiTime Non-GAAP EPS of $0.64 beats by $0.09, revenue of $60.8M beats by $0.8M

SiTime press release ( NASDAQ: SITM ): Q4 Non-GAAP EPS of $0.64 beats by $0.09 . Revenue of $60.8M (-19.7% Y/Y) beats by $0.8M . In the fourth quarter of 2022, GAAP gross margins were $37.8 million, or 62.1% of revenue, GAAP operating expenses were $43.5 million, or ...

SITM - SiTime Reports Fourth Quarter 2022 Financial Results

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. Net revenue in the fourth quarter of 2022 was $60.8 million, a 19.7...

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

Delivering up to 5x Better Stability, 10x Better Environmental Resilience, Best Jitter in Extreme Conditions SiTime Corporation , (Nasdaq: SITM), the precision timing company, today announced two new Endura™ precision timing oscillator families. These ruggedized devices a...

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

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. Rajesh Vashist, SiTime’s chief executive officer, an...

SITM - Silicon Motion: Why I'm (Mostly) Passing On A Merger Arb With ~68.63% Upside

Summary Silicon Motion Technology Corporation is being acquired for ~$90 per share. It trades at a deep discount to the takeout price. If the deal closes there is 68.63% upside. I'm passing on Silicon Motion Technology shares for now. Silicon Motion Technology Corporat...

SITM - SiTime: A Capped-Loss Trade For Massive Long-Term Gains

Summary A rapid industry shift and a buildup in customer inventory is shaping up for a two-quarter revenue decline in SiTime's revenues. Headwinds are expected to clear and resumption of sequential revenue growth by FQ2 '23, driven by automotive, can drive EBITDA and earnings higher. ...

SITM - SiTime Wins GSA's Best Financially Managed Semiconductor Company Award

Company's Vision, Strong Growth and Financial Performance in 2022 Recognized by Semiconductor Industry Peers SiTime Corp. (NASDAQ: SITM), the precision timing company, today announced it has won the Global Semiconductor Alliance (GSA) Award for the Best Financially Managed Semicondu...

SITM - SiTime Rearchitects Wireless Infrastructure Timing with New Elite RF Platform

Integrated Super-TCXO Delivers RF and Synchronization Performance, 30x Higher Reliability, and 20x Better Environmental Resilience SiTime Corp. (NASDAQ: SITM), the precision timing company, today announced a new precision timing platform, Elite RF™, that simplifies timing arc...

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

Cascade ClkSoC Helps Enable Platform to Deliver Low Latency Trade Execution and Risk Management 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 AM...

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

Delivering Unmatched Combination of 30x Higher Reliability, 4x Smaller Size, and 4x Lower Power SiTime Corp. (NASDAQ: SITM), the precision timing company, today announced the SiT5503 Elite X™ Super-TCXO ® , that raises the bar on timing performance in...

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