{"schema_version":"secwatch.filing_event.v1","accession":"0001451809-24-000108","form_type":"8-K","ticker":"SITM","cik":"0001451809","company_name":"SITIME Corp","filed_at":"2024-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.475730+00:00","generated_at":"2026-06-02T09:39:53.299522+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"SiTime Q1 revenue $33.0M, down 22% QoQ; GAAP EPS -$1.26, non-GAAP -$0.08","bullets":["Net revenue $33.0M, down 22% from $42.4M in prior quarter.","GAAP net loss $28.7M ($1.26/diluted share); non-GAAP net loss $1.9M ($0.08/diluted).","GAAP gross margin 53.5% of revenue; non-GAAP gross margin 57.9%.","Cash, cash equivalents & short-term investments totaled $517.3M as of March 31, 2024.","CEO expects sustained growth in Q2, citing expansion in datacenter and AI markets."],"urls":{"canonical":"https://secwatch.observer/filing/0001451809-24-000108","json":"https://secwatch.observer/filing/0001451809-24-000108.json","markdown":"https://secwatch.observer/filing/0001451809-24-000108.md","text":"https://secwatch.observer/filing/0001451809-24-000108.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1451809/000145180924000108/0001451809-24-000108-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1451809/000145180924000108/sitm-20240508.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T09:39:53.299522+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"46868c880d6616a8a0e6de6c3814103dcb06bc1d","claim":"SITIME Corp reported the first quarter ended March 31, 2024 results: revenue $33.0 million, net income GAAP net loss was $28.7 million, EPS $1.26 per diluted share.","evidence_excerpt":"SiTime Corporation, (Nasdaq: SITM), the Precision Timing company, today announced financial results for the first quarter ended March 31, 2024. Net revenue in the first quarter of 2024 was $33.0 million, a 22% decrease from $42.4 million in the prior quarter.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1451809/000145180924000108/0001451809-24-000108-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2024"},{"label":"Revenue","value":"$33.0 million"},{"label":"Net income","value":"GAAP net loss was $28.7 million"},{"label":"EPS","value":"$1.26 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}