Highest-materiality recent filing
SiTime completes $1.5B acquisition of Renesas' timing business; expects $300M+ revenue
Acquisition closed for ~$1.5B cash and 3,558,691 shares of SiTime common stock.
SiTime shareholders elect three Class I directors, approve say-on-pay and auditor ratification
Torsten G. Kreindl elected with 23,164,748 votes for, 610,956 against, 1,481,336 broker non-votes.
SiTime closes $1.35B 0% convertible note offering to fund Renesas asset acquisition
Offering of $1.35B aggregate principal (incl. $150M over-allotment) of 0% Convertible Senior Notes due 2031 closed.
SiTime files audited financials of Renesas timing business with $207.7M revenue in 2025
Revenue in 2025 was $207.7M, up 3.1% from $201.4M in 2024.
HSR waiting period expires for SiTime's $1.5B acquisition of Renesas timing business
HSR waiting period expired on May 8, 2026, satisfying one condition for the acquisition.
SiTime Q1 revenue up 88% to $113.6M; GAAP net loss $5.2M, non-GAAP net income $38.9M
Q1 net revenue $113.6M, +88.3% YoY from $60.3M.
SiTime signs 156-month lease for new Santa Clara HQ; base rent starts at $3.76M annual
Lease for 149,300 sq ft at 3250 & 3260 Jay Street, Santa Clara; occupancy expected by April 1, 2027.
SiTime to acquire Renesas timing business for $1.5B cash + stock; sees $300M revenue
Purchase price: $1.5B cash + ~4.13M shares of SiTime common stock (collar: $308.67-$417.61 VWAP).
SiTime Q4 revenue $113.3M (+66% YoY); GAAP EPS $0.34, non-GAAP EPS $1.53
Q4 revenue $113.3M (+36% QoQ, +66% YoY); FY2025 revenue $326.7M (+61% YoY).
SiTime expands board with Faraj Aalaei, founder/CEO of Cognichip
Board increased to nine directors; Aalaei appointed as Class II director, term to 2027 annual meeting.
SiTime Q3 revenue up 45% to $83.6M; non-GAAP EPS $0.87, cash $809.6M
Revenue of $83.6M, up 45% YoY from $57.7M; driven by AI growth.
SiTime appoints Ganesh Moorthy to board, Tom Yiu resigns
Tom Yiu resigned as Class II director effective Oct 16, 2025, not due to any disagreement.
SiTime Q2 revenue $69.5M (+58% YoY); non-GAAP net income $0.47/share
GAAP net loss $20.2M ($0.84 loss per share); non-GAAP net income $11.6M ($0.47 EPS).
SiTime prices public offering of 1.75M shares at $200/share, diluting ~14%
1,750,000 shares offered; underwriters have 30-day option for additional 262,500 shares.
SiTime annual meeting results: all three proposals approved by stockholders
Raman Chitkara re-elected director with 20,666,588 For votes; Katherine Schuelke received 15,259,805 For, 5,993,880 withheld.
SiTime Q1 revenue up 83% to $60.3M; non-GAAP EPS $0.26 vs GAAP loss $1.01
Net revenue $60.3M, up 83% YoY from $33.0M, driven by Precision Timing products across datacenter and edge.
SiTime Q4 revenue $68.1M (+61% YoY), beats expectations; non-GAAP EPS $0.48
Q4 revenue $68.1M (+18% QoQ, +61% YoY); FY2024 revenue $202.7M (+41% YoY).
SiTime Q3 revenue $57.7M (+62% YoY); non-GAAP EPS $0.40 vs GAAP loss $0.83
Revenue $57.7M, up 32% sequentially and 62% YoY.
SiTime Q2 revenue $43.9M (+58% YoY) beats outlook; non-GAAP EPS $0.12, GAAP loss $1.16/sh
Revenue $43.9M, up 33% QoQ, 58% YoY, exceeding prior outlook; demand led by CED/AI segments.
SiTime dismisses BDO as auditor, appoints Deloitte; material weakness remediated
Audit committee approved Deloitte & Touche as independent auditor for FY2024, replacing BDO USA.
SiTime stockholders elect three Class II directors, approve say-on-pay and auditor ratification
Stockholders elected Edward H. Frank, Christine A. Heckart, and Tom D. Yiu as Class II directors for terms expiring 2027.
SiTime Q1 revenue $33.0M, down 22% QoQ; GAAP EPS -$1.26, non-GAAP -$0.08
Net revenue $33.0M, down 22% from $42.4M in prior quarter.
SiTime enters ATM equity offering for up to 1.2M shares via Stifel
Up to 1.2M shares of common stock may be sold at market prices through agent Stifel.
SiTime Q4 revenue $42.4M, up 19% QoQ; FY revenue $144M, down 49%; GAAP net loss $80.5M
Q4 revenue $42.4M, up 19% from $35.5M prior quarter; FY revenue $144.0M vs $283.6M in 2022 (down 49%).
SiTime restates cash flow statements for Q1-Q3 2023; material weakness identified
Interest received on held-to-maturity securities misclassified as investing activity instead of operating; no impact on cash balance, income, or equity.
SiTime closes $148M asset purchase from Aura Semiconductor; $36M paid at closing
Closed acquisition of timing business assets and IP from Aura Entities on December 1, 2023.
SiTime Q3 revenue $35.5M, up 28% QoQ; GAAP net loss $0.81/share
Revenue $35.5M, up 28.1% from $27.7M in Q2 2023.
SiTime enters $148M asset purchase & IP license with Aura; appoints new CFO
Agreed to buy certain Aura timing assets and license IP for ~$148M cash, plus potential $120M earnout through 2028.
SiTime Q2 revenue $27.7M, down 27.7% QoQ; GAAP net loss $25.9M (-$1.17/share)
Net revenue $27.7M, down 27.7% from Q1 2023's $38.3M.
SiTime stockholders elect two directors, approve say-on-pay, ratify auditor at 2023 annual meeting
Torsten G. Kreindl and Akira Takata elected as Class I directors with 14.9M and 15.4M votes for, respectively.
SiTime Q1 revenue $38.3M, down 37% QoQ; GAAP net loss $16.5M
Revenue $38.3M, down 37% from Q4 2022 ($60.8M).
SiTime confirms no deposits or accounts at Silicon Valley Bank
SiTime holds no deposits, securities, or accounts at Silicon Valley Bank.
SiTime Q4 revenue down 19.7% YoY to $60.8M; GAAP net loss $1.5M
Q4 revenue $60.8M (-19.7% YoY); FY2022 revenue $283.6M (+29.6% YoY).
SiTime Q3 revenue $73.1M (+16% YoY); GAAP EPS $0.26, non-GAAP $0.97
Net revenue $73.1M, +16% from Q3'21 $63.0M, -8% from Q2'22 $79.4M.
SiTime Q2 revenue $79.4M (+78.5% YoY); non-GAAP EPS $1.11
GAAP net income $12.9M ($0.57 diluted EPS) on revenue of $79.4M.
SiTime shareholders approve all proposals at 2022 annual meeting; say-on-pay passes with 62% support
Elected Class III directors Chitkara, Schuelke, and Vashist, each with strong majority support.
SiTime Q1 rev $70.3M (+98% YoY); ATM offering up to 800k shares
Revenue $70.3M, up 97.7% YoY, down 7.2% sequentially from Q4 2021.
SiTime Q4 revenue jumps 88% to $75.7M; GAAP EPS $0.90, net income $19.9M
Q4 revenue $75.7M (+88.1% YoY); FY2021 revenue $218.8M (+88.4% YoY).
SiTime and MegaChips launch secondary offering of 2M shares at $225 each
SiTime and MegaChips each selling 1M shares at $225.00 per share in underwritten offering.
SiTime Q3 2021 revenue $63.0M (+92.9% YoY); GAAP EPS $0.66, non-GAAP EPS $1.03
Revenue $63.0M, up 92.9% YoY from $32.7M and 41.7% QoQ from $44.5M.
SiTime Q2 2021 revenue $44.5M, up 107% YoY; GAAP EPS $0.10, non-GAAP EPS $0.46
Revenue $44.5M (+107% YoY, +25% QoQ); GAAP net income $2.0M ($0.10/shr).
On November 1, 2023, the Company announced that Elizabeth Howe, 53, will join the Company and become Executive Vice President and Chief Financial Officer on November 8, 2023.
On October 30, 2023, Arthur Chadwick, Executive Vice President and Chief Financial Officer of the Company, notified us of his decision to retire and resign from all of his officer positions with the Company and all of its subsidiaries, effective November 7, 2023
Max materiality 0.90 · Median 0.70 · Most common event earnings