secwatch.observer — SEC 8-K summary
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Issuer:     SITIME Corp (SITM)
CIK:        0001451809
Form:       8-K
Filed at:   2023-05-03T23:59:59+00:00
Accession:  0000950170-23-017174
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SiTime Q1 revenue $38.3M, down 37% QoQ; GAAP net loss $16.5M
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- Revenue $38.3M, down 37% from Q4 2022 ($60.8M).
- GAAP net loss $16.5M ($0.76 loss per basic share).
- Non-GAAP net income $2.0M ($0.09 per diluted share).
- Cash and short-term investments total $576.1M.
- GAAP operating loss $22.1M on operating expenses $45.2M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1451809/000095017023017174/0000950170-23-017174-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1451809/000095017023017174/sitm-20230503.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-017174

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