SiTime Q4 revenue down 19.7% YoY to $60.8M; GAAP net loss $1.5M

SITIME Corp

2022-FY EPS reported $1.03 revenue$283,605,000

Q4 revenue $60.8M (-19.7% YoY); FY2022 revenue $283.6M (+29.6% YoY).
Q4 GAAP net loss $1.5M ($0.07 diluted EPS); FY2022 GAAP net income $23.3M ($1.03 diluted EPS).
Non-GAAP Q4 net income $14.4M ($0.64 diluted EPS); non-GAAP FY2022 net income $82.9M ($3.66 diluted EPS).
Cash and short-term investments total $564.1M as of Dec 31, 2022.
GAAP gross margin 62.1% in Q4 vs 64.5% for full year 2022.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

SITIME Corp reported the fiscal year ended December 31, 2022 results: revenue $283.6 million, net income $23.3 million, EPS $1.03 per diluted share.

Period: the fiscal year ended December 31, 2022
Revenue: $283.6 million
Net income: $23.3 million
EPS: $1.03 per diluted share
Result: reported results

Exact text from the filing

Net revenue for the year ended December 31, 2022 was $283.6 million, a 29.6% increase from the $218.8 million in the year ended December 31, 2021.

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Earnings Releases SEC 8-K Item 2.02 confidence 1.0

SITIME Corp reported the fourth quarter ended December 31, 2022 results: revenue $60.8 million, net income $1.5 million, EPS $0.07 per diluted share.

Period: the fourth quarter ended December 31, 2022
Revenue: $60.8 million
Net income: $1.5 million
EPS: $0.07 per diluted share
Result: reported results

Exact text from the filing

Net revenue in the fourth quarter of 2022 was $60.8 million, a 19.7% decrease from the $75.7 million in the fourth quarter of 2021.

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20 earnings releases filed in the last 30 days. Browse all earnings releases →

SITIME Corp filing history →

Source: SEC EDGAR

accession 0000950170-23-001599

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