SiTime (NASDAQ:SITM) reported its Q1 earnings results on Wednesday, May 4, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
SiTime beat estimated earnings by 23.68%, reporting an EPS of $0.94 versus an estimate of $0.76.
Revenue was up $34.71 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.23 which was followed by a 16.56% drop in the share price the next day.
Here's a look at SiTime's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.09 | 1.25 | 0.23 | 0.12 |
| EPS Actual | 1.32 | 1.03 | 0.46 | 0.19 |
| Revenue Estimate | 71.06M | 58.06M | 40.04M | 33.06M |
| Revenue Actual | 75.74M | 63.03M | 44.50M | 35.54M |
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.
