SiTime (SITM) Q2 Revenue Jumps 58%

SiTime (NASDAQ:SITM), a designer of MEMS-based precision timing components for electronics, reported its second quarter fiscal 2025 results on August 6, 2025. GAAP revenue was $69.5 million in Q2 2025, beating analyst estimates by about $4.8 million. Non-GAAP earnings per share (EPS) were $0.47, exceeding expectations by $0.19. Compared to Q2 2024, both top- and bottom-line growth were substantial, with GAAP revenue increasing from $43.9 million to $69.5 million and non-GAAP net income rising from $2.8 million to $11.6 million. Sales jumped 58%, and profit margins (non-GAAP) also improved. The CED segment, which caters to AI infrastructure and data center customers, was a highlight. Despite impressive growth, the quarter showed continued high operating expenses and persistent pressure on reported (GAAP) net income. Overall, the results firmly exceeded expectations, with non-GAAP EPS of $0.47 versus the analysts' estimate of $0.28 and advanced SiTime’s position as a key supplier to high-growth tech markets.

Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report.

SiTime’s main business is designing and selling MEMS-based precision timing devices. MEMS stands for Micro-Electro-Mechanical Systems, a technology used in the company’s all-silicon solutions. SiTime’s products replace traditional quartz-based components in timing circuits found in everything from smartphones to server racks. Its competitive edge comes from differentiated technology, strong performance in challenging environments, and scalable manufacturing, which all matter for customers in fast-changing industries.

Continue reading

Source Fool.com