SiTime Corp. (SITM) PT Raised to $174 at Stifel
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SiTime Reports Second Quarter 2021 Financial Results
August 4, 2021 4:06 PM EDTSANTA CLARA, Calif., Aug. 04, 2021 (GLOBE NEWSWIRE) -- SiTime Corporation, (Nasdaq: SITM), a market leader in MEMS timing, today announced financial results for the second quarter ended June 30, 2021.
Net revenue in the second quarter of 2021 was $44.5 million, a 107.2% increase from the $21.5 million in the second quarter of 2020 and a 25.2% increase from the $35.5 million in the first quarter of 2021.
Generally Accepted Accounting Principles (GAAP) Results
In the second quarter of 2021 gross margins were $26.8 million, or 60.3% of revenue, operating expenses were $24.8... More
SiTime Reports Second Quarter 2021 Financial Results
August 4, 2021 4:05 PM EDTSANTA CLARA, Calif., Aug. 04, 2021 (GLOBE NEWSWIRE) -- SiTime Corporation, (Nasdaq: SITM), a market leader in MEMS timing, today announced financial results for the second quarter ended June 30, 2021.
Net revenue in the second quarter of 2021 was $44.5 million, a 107.2% increase from the $21.5 million in the second quarter of 2020 and a 25.2% increase from the $35.5 million in the first quarter of 2021.
Generally Accepted Accounting Principles (GAAP) Results
In the second quarter of 2021 gross margins were $26.8 million, or 60.3% of revenue, operating expenses were $24.8 million, or... More
