SiTime reports Q2 EPS 12c, consensus 4c

Reports Q2 revenue $43.87M, consensus $41.0M. The company said, “Q2 results exceeded our outlook. Demand grew across all market segments, fueled by the highest growth segment, communications, enterprise and datacenters (CED). Our investments over the past five years have given us a diversified product portfolio – one that meets the industry’s precision timing needs. This, coupled with our strong customer relationships, positions us well to continue capitalizing on the rising demand for AI.”