secwatch.observer — SEC 8-K summary
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Issuer:     SITIME Corp (SITM)
CIK:        0001451809
Form:       8-K
Filed at:   2022-08-03T23:59:59+00:00
Accession:  0000950170-22-014243
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SiTime Q2 revenue $79.4M (+78.5% YoY); non-GAAP EPS $1.11
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- GAAP net income $12.9M ($0.57 diluted EPS) on revenue of $79.4M.
- Non-GAAP net income $25.3M ($1.11 diluted EPS), gross margin 66.7%.
- Revenue up 13% QoQ versus Q1 2022 revenue of $70.3M.
- Cash and equivalents totaled $580.3M at June 30, 2022.
- GAAP operating income $12.3M (15.5% of revenue); non-GAAP $24.7M (31.1%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1451809/000095017022014243/0000950170-22-014243-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1451809/000095017022014243/sitm-20220803.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-014243

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer