SiTime Corp reports results for the quarter ended in December - Earnings Summary

SiTime

02/02/2022 23:49

* SiTime Corp  SITM.OQ  reported quarterly adjusted earnings
of
$1.32​​ per share for the quarter ended in December. The mean
expectation of seven analysts for the quarter was for earnings
of $1.09 per share.
    * Revenue rose 88.1% to $75.74 million from a year ago; 
analysts
expected $71.06 million. 
    * SiTime Corp's reported EPS for the quarter was 90 cents​.
    * The mean earnings estimate of analysts had risen by
about 13.5%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * SiTime Corp shares had fallen by 19.2% this quarter.
    * The company reported quarterly net income of $19.86
million.
    * Wall Street's median 12-month price target for SiTime Corp
is
$325.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated February 2 at 11:49 p.m.
 ​All figures in US dollars unless otherwise stated