SiTime: Q4 Earnings Insights

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SiTime SITM reported its Q4 earnings results on Tuesday, February 13, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

SiTime beat estimated earnings by 20.0%, reporting an EPS of $0.24 versus an estimate of $0.2.

Revenue was down $18.44 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.06 which was followed by a 11.96% increase in the share price the next day.

Here's a look at SiTime's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0 -0.29 0 0.55
EPS Actual 0.06 -0.22 0.09 0.64
Revenue Estimate 34.64M 26.51M 38.02M 60.00M
Revenue Actual 35.52M 27.73M 38.34M 60.84M

To track all earnings releases for SiTime visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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