SiTime (NASDAQ:SITM) reported its Q1 earnings results on Wednesday, May 4, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

SiTime beat estimated earnings by 23.68%, reporting an EPS of $0.94 versus an estimate of $0.76.

Revenue was up $34.71 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.23 which was followed by a 16.56% drop in the share price the next day.

Here's a look at SiTime's past performance:

To track all earnings releases for SiTime visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.