SiTime Corporation (NASDAQ:SITM ) Q4 2024 Earnings Conference Call February 5, 2025 5:00 PM ET Company Participants Brett Perry – Investor Relations Rajesh Vashist – Chief Executive Officer Beth Howe – Chief Financial Officer Conference Call Participants Tore Svanberg – Stifel Quinn Bolton – Needham & Company Suji Desilva – ROTH Capital Chris Caso – Wolfe Research Tore Svanberg – Stifel Operator Good afternoon, and welcome to SiTime's Fourth Quarter 2024 Financial Results Conference Call. At this time all participants are in a listen-only mode.
SiTime (SITM 3.91%), a leader in MEMS-based precision timing solutions, released its fourth-quarter results on February 5, 2025.
SiTime (SITM) came out with quarterly earnings of $0.48 per share, beating the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.24 per share a year ago.
Stifel analyst Tore Svanberg raised the firm's price target on SiTime to $250 from $230 and keeps a Buy rating on the shares. In the Analog, Connectivity, and Processors sector, the firm lists SiTime as one of the companies with considerable resets, but strong secular growth, the analyst tells investors.
SiTime stock surged Thursday as the timing-chip maker became the latest company to get a sales boost from the buildout of AI data centers. The post SiTime Surges 15%, Latest Chip Stock To Catch AI Wave appeared first on Investor's Business Daily.
SiTime Corporation (SITM) Q3 2024 Earnings Call Transcript
SiTime (SITM) came out with quarterly earnings of $0.40 per share, beating the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.06 per share a year ago.
SiTime Corporation (NASDAQ:SITM ) Q2 2024 Earnings Conference Call August 7, 2024 5:00 PM ET Company Participants Leanne Sievers - Shelton Group IR Rajesh Vashist - CEO Beth Howe - CFO Conference Call Participants Thomas O'Malley - Barclays Christopher Caso - Wolfe Research Tore Svanberg - Stifel Sujeeva De silva - ROTH Capital Quinn Bolton - Needham & Company Operator Good day, and thank you for standing by. Welcome to the SiTime Second Quarter 2024 Earnings Conference Call.
SiTime (SITM) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.04 per share. This compares to loss of $0.22 per share a year ago.
SiTime (SITM) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.