secwatch.observer — SEC 8-K summary
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Issuer:     SITIME Corp (SITM)
CIK:        0001451809
Form:       8-K
Filed at:   2023-02-01T23:59:59+00:00
Accession:  0000950170-23-001599
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1451809/000095017023001599/0000950170-23-001599-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1451809/000095017023001599/sitm-20230201.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-001599

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