NASDAQ$SITM
SiTime Corporation · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
SiTime's revenue increased significantly, achieving substantial growth in gross margins and profitability.
SiTime Corporation reported strong financial results for the second quarter of 2021, with net revenue reaching $44.5 million, a 107.2% increase year-over-year. The company achieved a GAAP net income of $2.0 million, or $0.10 per diluted share, and a non-GAAP net income of $9.6 million, or $0.46 per diluted share.
- Net revenue reached $44.5 million, a 107.2% increase from Q2 2020.
- GAAP gross margins were 60.3% of revenue.
- GAAP income from operations was $2.1 million, or 4.7% of revenue.
- Non-GAAP net income was $9.6 million, or $0.46 per diluted share.
Headline financials
Revenue & EPS history
SiTime · Revenue · Quarterly
$44.5M
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 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
| Quarter | Report date | Reaction (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 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro