About SiTime Corporation
SiTime (NASDAQ: SITM) develops MEMS Silicon resonators and related products. SiTime's configurable solutions enable customers to differentiate their products with higher performance, reduced size and better reliability. The rich feature set and flexibility of the company's solutions allows customers to consolidate the supply-chain, reducing cost of ownership and time to market.
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Expert Collections containing SiTime Corporation
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
SiTime Corporation is included in 1 Expert Collection, including Semiconductors, Chips, and Advanced Electronics.
Semiconductors, Chips, and Advanced Electronics
Companies in this collection develop everything from microprocessors to flash memory, integrated circuits specifically for quantum computing and artificial intelligence to OLED for displays, massive production fabs to circuit design firms, and everything in between.
Latest SiTime Corporation News
Feb 1, 2023
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 71.5% of revenue, GAAP loss from operations was $5.7 million, or 9.4% of revenue and GAAP net loss was $1.5 million, or $0.07 per diluted share. For the year ended 2022, gross margins were $183.0 million, or 64.5% of revenue, operating expenses were $166.8 million or 58.8% of revenue, GAAP income from operations was $16.1 million, or 5.7% of revenue and net income was $23.3 million, or $1.03 per diluted share. Total cash and cash equivalents were $34.6 million and short-term investments were $529.5 million on December 31, 2022. In the fourth quarter of 2022, non-GAAP gross margins were $38.4 million, or 63.1% of revenue, non-GAAP operating expenses were $28.2 million, or 46.3% of revenue, non-GAAP income from operations was $10.2 million, or 16.8% of revenue and non-GAAP net income was $14.4 million, or $0.64 per diluted share. For the fiscal year 2022, non-GAAP gross margins were $184.9 million, or 65.2% of revenue, non-GAAP operating expenses were $109.1 million, or 38.5% of revenue, non-GAAP income from operations was $75.8 million, or 26.7% of revenue and non-GAAP net income was $82.9 million, or $3.66 per diluted share. Recommended For You
SiTime Corporation Frequently Asked Questions (FAQ)
When was SiTime Corporation founded?
SiTime Corporation was founded in 2005.
Where is SiTime Corporation's headquarters?
SiTime Corporation's headquarters is located at 990 Almanor Avenue, Sunnyvale.
What is SiTime Corporation's latest funding round?
SiTime Corporation's latest funding round is IPO.
How much did SiTime Corporation raise?
SiTime Corporation raised a total of $64.7M.
Who are the investors of SiTime Corporation?
Investors of SiTime Corporation include MegaChips Corporation, Capital IP Investment Partners, New Enterprise Associates, Icon Ventures, Robert Bosch Venture Capital and 12 more.
Who are SiTime Corporation's competitors?
Competitors of SiTime Corporation include Sand 9 and 2 more.
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