SITM Earnings Prediction
The chart below shows how SITM performed 10 days before and after its earnings report, based on data from the past quarters. Typically, SITM sees a +1.13% change in stock price 10 days leading up to the earnings, and a -0.33% change 10 days following the report. On the earnings day itself, the stock moves by -0.11%. This data can give you a slight idea of what to expect for the next quarter's release.
SITM Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
68.11M
60.63%
18.05%
Gross Margin
52.63%
-5.82%
3.05%
Operating Margin
-31.10%
-33.19%
-19.82%
Net Margin
-27.62%
-41.43%
-17.50%
EPS
-0.80
-10.11%
-3.61%
No Data Available
SITM Earnings Analysis
SiTime Corp Corporation (SITM.O) Earnings Conference Call
Positive
Q4 Revenue Surge: Revenue for Q4 2024 grew 61% year over year, reaching $68.1 million, and for the full year, revenue increased by 41% to $202.7 million.
Gross Margin Improvement: Non-GAAP gross margins for Q4 were 58.8%, up 70 basis points sequentially, reflecting a favorable product mix.
Communications Market Sales Surge: Sales into the communications, enterprise, and data center market grew 156% year over year, contributing $24.8 million or 37% of total sales in Q4.
Earnings Per Share Increase: Non-GAAP net income for Q4 was $11.8 million, translating to earnings per share of $0.48, an increase from $0.40 per share in Q3.
Strong Cash Flow Position: Cash flow from operations for Q4 was $13.6 million, with a strong cash position of $419 million in cash, cash equivalents, and short-term investments.
Negative
Gross Margin Decline: Non GAAP gross margins decreased to 57% in Q1 2025, down from 58.8% in Q4 2024, attributed to revenue seasonality and increased depreciation costs from new product ramps.
Operating Expenses Management Challenges: Operating expenses for Q4 2024 were $32,500,000, with expectations of flat sequential growth in Q1 2025, indicating potential challenges in managing costs relative to revenue growth.
Accounts Receivable Concerns: Accounts receivable increased to $38,100,000 with days sales outstanding (DSOs) rising to 50 days, up three days from Q3, suggesting potential issues in cash flow management.
Inventory Increase Analysis: Inventory levels rose to $76,700,000 in Q4 2024, up from $71,900,000 in Q3, indicating possible overstocking or slower sales velocity.
Customer Concentration Risk: The largest customer accounted for 24% of total sales in Q4 2024, raising concerns about revenue concentration risk and dependency on a single client for future growth.
SITM FAQs
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SITM Earning Call Sentiment
Earnings call transcript: Cytame Q4 2024 sees strong revenue growth
SITM.O
-0.1%Positive
SiTime reported strong financial results with a 61% YoY revenue increase and better-than-expected gross margins. Despite concerns about regulatory challenges and supply chain issues, the company provided optimistic guidance and highlighted growth in CED and AI markets. The Q&A revealed confidence in long-term growth and successful integration of the Aura acquisition. Although there are risks related to customer dependency and competitive pressures, the overall sentiment is positive, supported by strong financial metrics and growth prospects. Given the market cap, a positive stock price movement is anticipated.
