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

SiTime

04/11/2021 24:02

* SiTime Corp  SITM.OQ  reported quarterly adjusted earnings of
$1.03​​ per share for the quarter ended in September. The mean
expectation of seven analysts for the quarter was for earnings
of 75 cents per share.
* Revenue rose 92.9% to $63.03 million from a year ago; 
analysts expected $58.06 million. 
* SiTime Corp's reported EPS for the quarter was 66 cents​.
* The mean earnings estimate of analysts had fallen by
about 0.1% 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 31.4% this quarter and
gained 139.6% so far this year.
* The company reported quarterly net income of $13.96 million.
* Wall Street's median 12-month price target for SiTime Corp is
$235.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 7 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
This summary was machine generated November 4 at 12:01 a.m.
 ​All figures in US dollars unless otherwise stated