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

SiTime

05/08/2021 10:29

* SiTime Corp  SITM.OQ  reported quarterly adjusted earnings of
46 cents​​ per share for the quarter ended in June. The mean
expectation of six analysts for the quarter was for earnings of
23 cents per share.
* Revenue rose 107.2% to $44.50 million from a year ago; 
analysts expected $40.04 million. 
* SiTime Corp's reported EPS for the quarter was 10 cents​.
* The mean earnings estimate of analysts was unchanged in the
last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* SiTime Corp shares had risen by 11.4% this quarter and
gained 26.0% so far this year.
* The company reported quarterly net income of $2.02 million.
* Wall Street's median 12-month price target for SiTime Corp is
$175.00 
* 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 August 5 at 09:29 a.m.  ​All
figures in US dollars unless otherwise stated