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

SiTime

02/11/2022 21:03

* SiTime Corp  SITM.OQ  reported quarterly adjusted earnings
of 97
cents​​ per share for the quarter ended in September. The mean
expectation of six analysts for the quarter was for earnings of
85 cents per share.
    * Revenue rose 16% to $73.10 million from a year ago;
analysts
expected $72.80 million. 
    * SiTime Corp's reported EPS for the quarter was 26 cents​.
    * The mean earnings estimate of analysts had fallen by
about 22.2%
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 16.0% this quarter and
lost 68.8% so far this year.
    * The company reported quarterly net income of $5.78
million.
    * Wall Street's median 12-month price target for SiTime Corp
is
$130.00 
    * 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 from Refinitiv data November
2 at 09:03 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.85           0.97           Beat
 Jun. 30 2022      1.01           1.11           Beat
 Mar. 31 2022      0.77           0.94           Beat
 Dec. 31 2021      1.09           1.32           Beat