NASDAQ$SITM

SiTime Corporation · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

SiTime's Q1 2021 financial performance was released, revealing a mix of growth and losses.

SiTime Corporation reported a 63.5% increase in revenue compared to Q1 2020, reaching $35.5 million. However, the company experienced a GAAP net loss of $3.6 million, or $0.20 per diluted share, while non-GAAP net income was $3.8 million, or $0.19 per diluted share. The company's cash and cash equivalents totaled $257.0 million.

  • Net revenue reached $35.5 million, a 63.5% increase year-over-year.
  • GAAP net loss was $3.6 million, or $0.20 per diluted share.
  • Non-GAAP net income was $3.8 million, or $0.19 per diluted share.
  • Cash and cash equivalents totaled $257.0 million.

Headline financials

Total Revenue

$35.5M

Previous: $21.7M+63.5%
EPS (adj)

$0.19

Previous: -$0.14+235.7%
GAAP Gross Margin

52.9%

Previous: 45.9%+15.3%
Non-GAAP Gross Margin

54.1%

Previous: 46.1%+17.4%
Non-GAAP Income from Operations % of Revenue

11.0%

No prior period
Capital Expenditures

-$3.87M

Previous: -$1.14M-239.7%
Free Cash Flow

-$7.43M

Previous: -$6.23M-19.3%
Net Income

-$3.57M

Previous: -$5.09M+30.0%
Operating Income

-$3.49M

Previous: -$4.86M+28.2%
Gross Profit

$18.8M

Previous: $9.98M+88.6%
Cash & Equivalents

$257M

Previous: $71.2M+260.6%
Total Assets

$324M

Previous: $128M+152.8%
Stock-Based Comp

$6.66M

No prior period

Revenue & EPS history

SiTime · Revenue · Quarterly

$35.5M

Q1 2021+63.5%vs Q1 2020
Beat estimate in 7 of 9 quarters(78%)
ActualEstimate

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 2021

Historical avgQ1 2021

+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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