SITM Stock Recent News

SiTime heavily relies on top-line strength to keep its margins, so more customers equals more revenue. SiTime was able to acquire more design wins, was able to position itself for single sourcing, and its expansion in the IoT automotive market is a huge win.

SiTime Corporation (NASDAQ:SITM ) Q3 2022 Earnings Conference Call November 2, 2022 5:00 PM ET Company Participants Brett Perry - Shelton Group Investor Relations Rajesh Vashist - Chief Executive Officer Art Chadwick - Chief Financial Officer Conference Call Participants Alessandra Vecchi - William Blair Suji Desilva - ROTH Capital Quinn Bolton - Needham & Company Operator Good afternoon, and welcome to SiTime's Third Quarter 2022 Financial Results Conference Call. At this time, all participants are in a listen-only mode.

SANTA CLARA, Calif., Oct. 05, 2022 (GLOBE NEWSWIRE) -- SiTime Corporation (Nasdaq: SITM), the precision timing company, will announce its third quarter 2022 financial results on Wednesday, November 2, 2022, after market close.

Growth in 2022 isn't going to come in as hot as the company had originally hoped.

SITM's business model is future-ready and set up for long-term performance across its different end-markets. SITM has an advantage over its peers because management substantially increases wafer supply in case of supply chain disruptions.

The semiconductor company's full-year growth is likely to fall short of previous guidance.