SiTime Q2 revenue $27.7M, down 27.7% QoQ; GAAP net loss $25.9M (-$1.17/share)

SITIME Corp

2023-Q2 EPS reported -$1.93 revenue$66,070,000

Net revenue $27.7M, down 27.7% from Q1 2023's $38.3M.
GAAP net loss $25.9M ($1.17 basic loss per share); non-GAAP net loss $4.8M ($0.22 diluted).
GAAP gross margin 55.7%; non-GAAP gross margin 58.2%.
Cash and short-term investments $574.7M on June 30, 2023.
GAAP operating expenses $47.8M; non-GAAP operating expenses $27.4M.

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 0.95

SITIME Corp reported second quarter of 2023 results: revenue $27.7 million, net income GAAP net loss was $25.9 million, EPS $1.17 per basic share.

Period: second quarter of 2023
Revenue: $27.7 million
Net income: GAAP net loss was $25.9 million
EPS: $1.17 per basic share
Result: reported results

Exact text from the filing

Net revenue in the second quarter of 2023 was $27.7 million

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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 0000950170-23-037147

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