Previous close | 133.95 |
Open | 133.45 |
Bid | 129.00 x 800 |
Ask | 133.55 x 900 |
Day's range | 128.32 - 133.74 |
52-week range | 127.01 - 341.77 |
Volume | |
Avg. volume | 247,243 |
Market cap | 2.821B |
Beta (5Y monthly) | 1.60 |
PE ratio (TTM) | 54.33 |
EPS (TTM) | 2.41 |
Earnings date | 01 Nov 2022 - 07 Nov 2022 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 223.00 |
On today's call from SiTime are Rajesh Vashist, chief executive officer; and Art Chadwick, chief financial officer. Before we begin, I'd like to point out that during the course of this call, the company may make forward-looking statements regarding expected future results, including financial position, strategy and plans, future operations, the timing market and other areas of discussion.
Semiconductor manufacturer SiTime (NASDAQ: SITM) delivered a quarter that met analyst expectations, but the company walked back its previous forecast for oversize growth in 2022. Investors were not pleased, sending SiTime shares down more than 35% on Thursday morning. SiTime makes digital timing devices, offering more precision and greater durability than the quartz-based products that have been used for the last century.
SiTime (SITM) delivered earnings and revenue surprises of 9.90% and 3.01%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?