NASDAQ$SITM

SiTime Corporation · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Reported a year-over-year revenue increase.

SiTime Corporation reported financial results for Q1 2020, with net revenue reaching $21.7 million, a 46.7% increase compared to Q1 2019. The company's GAAP net loss was $5.1 million, or $0.34 per diluted share, while non-GAAP net loss was $2.1 million, or $0.14 per diluted share.

  • Net revenue was $21.7 million, up 46.7% year-over-year.
  • GAAP net loss was $5.1 million, or $0.34 per diluted share.
  • Non-GAAP net loss was $2.1 million, or $0.14 per diluted share.
  • Total cash and cash equivalents were $71.2 million.

Headline financials

Total Revenue

$21.7M

Previous: $14.8M+46.7%
EPS (adj)

-$0.14

Previous: -$0.20+30.2%
GAAP Gross Margin

45.9%

No prior period
Non-GAAP Gross Margin

46.1%

No prior period
Capital Expenditures

-$1.14M

No prior period
Free Cash Flow

-$6.23M

No prior period
Net Income

-$5.09M

Previous: -$2.87M-77.5%
Operating Income

-$4.86M

Previous: -$2.42M-100.5%
Gross Profit

$9.98M

Previous: $7.59M+31.5%
Cash & Equivalents

$71.2M

No prior period
Total Assets

$128M

No prior period

Revenue & EPS history

SiTime · Revenue · Quarterly

$21.7M

Q1 2020+46.7%vs Q1 2019
Beat estimate in 7 of 9 quarters(78%)
ActualEstimate

Forward guidance

SiTime will broadcast its first quarter of 2020 financial results conference call today, May 6, 2020, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time), which can be accessed by calling +1-844-467-7657 and using conference ID 4128279. The conference call will also be available via a live webcast on the investor relations section of the SiTime website at investor.sitime.com.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

+5.5%

Avg return

Earnings day

+5.9%

Avg return

5 days after

+6.3%

Avg return

30 days after

68%

17 / 25 earnings

Positive

+34.4%

Q2 2021

Best reaction

-31.3%

Q2 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+27.5%+35.9%+0.7%
Q4 2025+17.9%+18.9%-5.9%
Q3 2025+21.8%+9.9%+26.2%
Q1 2025+13.3%+23.0%+23.9%
Q4 2024-20.9%-25.1%-21.6%
Q3 2024+27.3%+21.5%+30.9%
Q2 2024+9.8%+13.2%+15.0%
Q1 2024+28.2%+27.8%+22.6%
Q4 2023-8.2%-17.7%-30.7%
Q3 2023+8.5%+8.8%+10.8%
Q2 2023+3.5%+3.9%-2.3%
Q1 2023-20.6%-20.0%-4.2%
Q4 2022+13.0%+8.5%+16.3%
Q3 2022-12.1%+1.7%+14.3%
Q2 2022-31.3%-27.8%-50.1%
Q1 2022-0.5%-10.7%+22.0%
Q4 2021-17.0%-18.5%-25.2%
Q3 2021+8.1%+8.6%+4.0%
Q2 2021+34.4%+39.3%+63.2%
Q1 2021+1.2%+0.1%+5.6%
Q4 2020-2.7%+3.8%-27.7%
Q3 2020+4.3%+3.8%+13.3%
Q2 2020+7.6%+10.9%+21.1%
Q1 2020+10.5%+12.9%+48.7%
Q4 2019+13.2%+15.1%-12.5%
Q3 2019
Q2 2019
Q1 2019
Q4 2018
Q3 2018
Q2 2018
Q1 2018

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