NASDAQ$SITM

SiTime Corporation · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

SiTime's financial performance decreased compared to the same quarter last year, but increased for the full year.

SiTime Corporation reported a decrease in net revenue for Q4 2022 compared to Q4 2021, but an increase for the full fiscal year. The company's GAAP net loss for the quarter was $1.5 million, or $0.07 per diluted share, while non-GAAP net income was $14.4 million, or $0.64 per diluted share.

  • Q4 2022 net revenue was $60.8 million, a 19.7% decrease from Q4 2021.
  • GAAP gross margins were 62.1% of revenue in Q4 2022.
  • GAAP net loss was $1.5 million, or $0.07 per diluted share for Q4 2022.
  • Non-GAAP net income was $14.4 million, or $0.64 per diluted share for Q4 2022.

Headline financials

Total Revenue

$60.8M

Previous: $75.7M-19.7%
EPS (adj)

$0.64

Previous: $1.32-51.5%
Non-GAAP Gross Margin

63.1%

Previous: 69.4%-9.1%
Capital Expenditures

$6.79M

Previous: $10.8M-37.2%
Free Cash Flow

-$1.98M

Previous: $13.9M-114.3%
Net Income

-$1.53M

Previous: $19.9M-107.7%
Operating Income

-$5.73M

Previous: $20.2M-128.4%
Gross Profit

$37.8M

Previous: $52.1M-27.6%
Cash & Equivalents

$34.6M

Previous: $559M-93.8%
Total Assets

$751M

Previous: $678M+10.7%
Stock-Based Comp

$15.6M

Previous: $8.46M+84.7%

Revenue & EPS history

SiTime · Revenue · Quarterly

$60.8M

Q4 2022-19.7%vs Q4 2021
Beat estimate in 13 of 15 quarters(87%)
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 Q4 2022

Historical avgQ4 2022

+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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