earnings
confidence high
sentiment positive
materiality 0.80
SiTime Q1 rev $70.3M (+98% YoY); ATM offering up to 800k shares
SITIME Corp
2022-Q1 EPS reported
$0.27
revenue$70,253,000
- Revenue $70.3M, up 97.7% YoY, down 7.2% sequentially from Q4 2021.
- GAAP net income $6.1M ($0.27 EPS); Non-GAAP net income $21.3M ($0.94 EPS).
- Gross margin 64.4% GAAP, 65.3% non-GAAP; operating expenses 35.1% of revenue non-GAAP.
- Cash and equivalents $571.5M as of March 31, 2022.
- Entered at-the-market offering for up to 800,000 shares with Stifel at 3% commission.