SiTime Corporation reports results for the quarter ended June 30 - Earnings Summary
SiTime Corporation reports results for the quarter ended June 30 - Earnings Summary
SiTime Corporation SITM.OQ reported quarterly adjusted earnings of $2.34 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 47 cents. The mean expectation of eight analysts for the quarter was for earnings of $1.95 per share. Wall Street expected results to range from $1.92 to $2.04 per share.
Revenue rose 126.5% to $157.43 million from a year ago; analysts expected $146.38 million.
SiTime Corporation's reported EPS for the quarter was 66 cents.
The company reported quarterly net income of $18.16 million.
SiTime Corporation shares had fallen by 21.8% this quarter and gained 65.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 0.5% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the semiconductors peer group is also "buy"
Wall Street's median 12-month price target for SiTime Corporation is $850.00, about 36.1% above its last closing price of $543.12
This summary was machine generated from LSEG data August 6 at 02:09 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 1.95 | 2.34 | Beat |
Mar. 31 2026 | 1.16 | 1.44 | Beat |
Dec. 31 2025 | 1.21 | 1.53 | Beat |
Sep. 30 2025 | 0.71 | 0.87 | Beat |
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