NASDAQ$SITM
SiTime Corporation · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
SiTime's Q3 2024 financial results were announced, demonstrating significant revenue and profit growth.
SiTime reported strong Q3 2024 results with a 62% increase in revenue compared to the year-ago period, reaching $57.7 million. All market segments experienced double-digit sequential growth, driven by a focus on high-value applications and differentiated product offerings. The company achieved a GAAP gross profit of $29.5 million and a non-GAAP net income of $9.6 million.
- Revenue increased by 62% year-over-year, reaching $57.7 million.
- All market segments experienced double-digit sequential growth.
- GAAP gross profit was $29.5 million, or 51.1% of revenue.
- Non-GAAP net income was $9.6 million, or $0.40 per diluted share.
Headline financials
Revenue & EPS history
SiTime · Revenue · Quarterly
$57.7M
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 Q3 2024
+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 | — | — | — |
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