SiTime Corp. (SITM) Tops Q4 EPS by 15c
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SiTime Reports Fourth Quarter and Fiscal Year 2024 Financial Results
February 5, 2025 4:11 PM ESTSANTA CLARA, Calif., Feb. 05, 2025 (GLOBE NEWSWIRE) -- SiTime Corporation, (Nasdaq: SITM), the Precision Timing company, today announced financial results for the fourth quarter and financial year ended December 31, 2024.
Net revenue in the fourth quarter of 2024 was $68.1 million, an 18% increase from $57.7 million in the prior quarter and an increase of 61% from the year ago period.
Net revenue for fiscal year 2024 was $202.7 million, an increase of 41% from $144.0 million in fiscal year 2023.
In Q4, we surpassed revenue expectations highlighting our market diversification, and entered 2025 with strong... More
