SiTime Corp. (SITM) Tops Q4 EPS by 4c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/5/2026
- Dow jumps to record closing high after soft US jobs data, Nasdaq down with chip shares
- Goldman's Garrett sees investors dialing back tech exposure into H2
- AI chip winners may face tougher road ahead as hyperscalers catch up: JPM
- Oil gains on short-covering buys ahead of US holiday
- Rivian stock jumps 5% on raised delivery outlook
SiTime Reports Fourth Quarter 2023 Financial Results
February 13, 2024 4:05 PM ESTSANTA CLARA, Calif., Feb. 13, 2024 (GLOBE NEWSWIRE) -- SiTime Corporation, (Nasdaq: SITM), the precision timing company, today announced financial results for the fourth quarter ended December 31, 2023.
Net revenue in the fourth quarter was $42.4 million, a 19% increase from the $35.5 million in the prior quarter. Net revenue for fiscal year 2023 was $144.0 million compared with $283.6 million in fiscal year 2022.
Generally Accepted Accounting Principles (GAAP) Results
In the fourth quarter, GAAP gross profit was $23.7 million, or 55.9% of revenue, GAAP operating expenses were $51.2 million, GAAP loss from... More
