Recap: SiTime Q1 Earnings

SiTime SITM reported its Q1 earnings results on Wednesday, May 4, 2022 at 04:05 PM.

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

SiTime beat estimated earnings by 23.68%, reporting an EPS of $0.94 versus an estimate of $0.76.

Revenue was up $34.71 million from the same period last year.

Last quarter the company beat on EPS by $0.23 which was followed by a 16.56% drop in the share price the next day.

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

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	1.09	1.25	0.23	0.12
EPS Actual	1.32	1.03	0.46	0.19
Revenue Estimate	71.06M	58.06M	40.04M	33.06M
Revenue Actual	75.74M	63.03M	44.50M	35.54M

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.