SANTA CLARA, Calif. (AP) — SANTA CLARA, Calif. (AP) — SiTime Corporation (SITM) on Wednesday reported a loss of $5.2 million in its first quarter.
The Santa Clara, California-based company said it had a loss of 20 cents per share. Earnings, adjusted for stock option expense and costs related to mergers and acquisitions, were $1.44 per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.14 per share.
The company posted revenue of $113.6 million in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $102.5 million.
_____
This story was generated by (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a at https://www.zacks.com/ap/SITM
Copyright © 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.