NASDAQ$SITM

SiTime Corporation · Q2 2020 earnings

Q2 2020 earnings · · Investor relations

Briefing

SiTime's financial results for the second quarter of 2020 were announced, showing revenue growth compared to the previous year.

SiTime Corporation reported a revenue of $21.5 million for Q2 2020, representing a 35.5% increase compared to Q2 2019. The GAAP net loss was $5.6 million, or $0.36 per diluted share, while non-GAAP net loss was $2.2 million, or $0.14 per diluted share.

  • Revenue for Q2 2020 reached $21.5 million, a 35.5% increase year-over-year.
  • GAAP gross margins were 46.5% of revenue.
  • GAAP net loss was $5.6 million, or $0.36 per diluted share.
  • Non-GAAP net loss was $2.2 million, or $0.14 per diluted share.

Headline financials

Total Revenue

$21.5M

Previous: $15.8M+35.5%
EPS (adj)

-$0.14

Previous: -$0.38+63.3%
Capital Expenditures

-$1.68M

No prior period
Free Cash Flow

-$7.28M

No prior period
Net Income

-$5.6M

Previous: -$5.45M-2.8%
Operating Income

-$5.27M

Previous: -$4.98M-5.8%
Gross Profit

$9.98M

Previous: $6.37M+56.6%
Cash & Equivalents

$102M

No prior period
Total Assets

$155M

No prior period
Stock-Based Comp

$3.08M

No prior period

Revenue & EPS history

SiTime · Revenue · Quarterly

$21.5M

Q2 2020+35.5%vs Q2 2019
Beat estimate in 7 of 9 quarters(78%)
ActualEstimate

Forward guidance

No forward guidance was provided in the press release.

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 Q2 2020

Historical avgQ2 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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