SiTime (NASDAQ:SITM) reported its Q4 earnings results on Tuesday, February 13, 2024 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
SiTime beat estimated earnings by 20.0%, reporting an EPS of $0.24 versus an estimate of $0.2.
Revenue was down $18.44 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.06 which was followed by a 11.96% increase in the share price the next day.
Here's a look at SiTime's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0 | -0.29 | 0 | 0.55 |
| EPS Actual | 0.06 | -0.22 | 0.09 | 0.64 |
| Revenue Estimate | 34.64M | 26.51M | 38.02M | 60.00M |
| Revenue Actual | 35.52M | 27.73M | 38.34M | 60.84M |
To track all earnings releases for SiTime visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.