Revenue surged 88% to $113.6 million while AI-focused CED revenue jumped 158% and reached two-thirds of sales. Management raised full-year growth guidance to at least 80%, signaling stronger visibility and accelerating AI infrastructure demand. Gross margin expanded to 64.5%, operating margin reached 28%, and operating cash flow more than doubled year-over-year.
SITM pairs AI and data-center demand with a planned Renesas timing business buy to broaden products and fuel long-term growth.
SiTime (SITM) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 868 | $299,764 | $521,668 | $221,904 | 74.03% |
| CE Curtis Ellergodt Rothschild Investment LLC | 39 | $7,620.09 | $23,439 | $15,818.91 | 207.59% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 2 | $698.54 | $1,177.08 | $478.54 | 68.51% |
| BG Bart Gancher Intech Investment Management LLC | 7,373 | $1.57M | $4.34M | $2.76M | 175.99% |
Bridgewater Associates LP Bridgewater Associates LP | 13,455 | $4.65M | $7.94M | $3.29M | 70.9% |
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TO Tom O'Malley Barclays | 12.6 | $9,114.27 | $6,574.54 | -$2,539.73 | -27.87% |
| Semiconductors & Semiconductor Equipment Industry | Information Technology Sector | Rajesh Vashist CEO | NASDAQ (NMS) Exchange | 82982T106 CUSIP |
| US Country | 441 Employees | - Last Dividend | - Last Split | 20 Nov 2019 IPO Date |
SiTime Corporation is a pioneering firm in the field of silicon timing system solutions, known for its innovative approach in designing, developing, and selling state-of-the-art products globally. Established in 2003 and headquartered in Santa Clara, California, SiTime has established a significant presence in several key markets around the world, including Taiwan, Hong Kong, the United States, Singapore, and other international locations. The company serves a diverse range of sectors such as communications, datacenter, enterprise, automotive, industrial, internet of things (IoT), mobile, consumer, and aerospace and defense. SiTime’s business model involves direct sales to customers as well as distribution through distributors and resellers, ensuring a wide and effective market reach.
Resonators: SiTime provides cutting-edge resonators that are fundamental components in creating stable and precise frequency references for electronic devices. These resonators are designed to meet the rigorous needs of various applications, ensuring high performance and reliability.
Clock Integrated Circuits: The company develops integrated circuits (ICs) that cater to the crucial task of timing within electronic systems. These ICs are utilized across a wide spectrum of applications, facilitating accurate timing solutions in complex electronic devices.
Oscillators: SiTime offers a comprehensive range of oscillators, including MEMS-based oscillators, that are essential for generating accurate and stable frequencies required by electronic systems. These components are designed to perform under a variety of environmental conditions, making them suitable for a broad array of market segments.