AI brief of an SEC Form 8-K · SiTime (SITM)

SiTime Q4 revenue rises 61% to $68.1 million; GAAP net loss $18.8 million

Mixed Impact 3 of 5 earnings Written later

SiTime reported fourth-quarter and full-year 2024 results on February 5, 2025. Revenue grew sharply, but the company still posted GAAP net losses for both periods, and the filing gives no revenue or earnings guidance for 2025. Non-GAAP net income was positive, but that measure excludes stock-based compensation and acquisition-related costs.

Key points

  • Q4 2024 net revenue was $68.1 million, up 18% from $57.7 million in Q3 2024 and up 61% from the year-ago period.
  • Full-year 2024 net revenue was $202.7 million, up 41% from $144.0 million in 2023.
  • Q4 2024 GAAP net loss was $18.8 million, or $0.80 per diluted share; non-GAAP net income was $11.8 million, or $0.48 per diluted share.
  • Full-year 2024 GAAP net loss was $93.6 million, or $4.05 per diluted share; non-GAAP net income was $22.2 million, or $0.93 per diluted share.

The filing

CompanySiTime (SITM)
Form8-K, current report
Filed with the SECFeb 5, 2025, 4:13 PM ET
Accession number0001451809-25-000008

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:12 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 05, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.