Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q ________________________________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-39135 ________________________________________________ ...

Financial Data and Key Metrics Changes - Revenue for Q1 2024 was $33 million, down 22% from $42.4 million in Q4 2023, aligning with typical seasonality [31] - Non-GAAP gross margins were 57.9%, a decrease of 40 basis points sequentially, impacted by lower volumes but partially offset by favorable product mix and cost [24][20] - Non-GAAP operating loss for Q1 was $8.3 million, with interest and other income of $6.3 million, resulting in a non-GAAP net loss of $1.9 million or $0.08 per share [24] Business Line Data and Key Metrics Changes - Sales into the communications, enterprise, and data center (CED) market were $9.9 million, accounting for 30% of total sales [31] - Sales into the mobile, IoT, and consumer market were $10.3 million, representing 31% of total sales, with the largest customer contributing $6.3 million or 19% of sales [31] - Sales into the automotive, industrial, and aerospace market were $12.9 million, making up 39% of total sales [31] Market Data and Key Metrics Changes - In North America, there is a strong demand for precision timing solutions in enterprise AI systems and data center infrastructure [16] - In Taiwan and China, engagement with key ODMs and OEMs is expected to benefit from the transition to 800G optical modules [17] - The automotive market is anticipated to grow despite current uncertainties in EV growth, with a focus on ADAS electronics [29] Company Strategy and Development Direction - The company is focusing on the CED market, bundling clocks and oscillators to meet precision timing needs, particularly in AI and telecom [1] - The strategy includes expanding the serviceable market (SAM) with a broader product portfolio, including the introduction of 40 new clocks by the end of 2024 [21] - The company aims to leverage strengths in end market diversity and product breadth to return to a target growth rate [30] Management's Comments on Operating Environment and Future Outlook - Management noted that customer inventory levels are returning to normal, which is expected to support growth in Q2 and beyond [35] - The company anticipates sequential growth throughout 2024, with revenue expectations for Q2 between $40 million and $42 million, representing a 21% to 27% increase sequentially [26] - Management expressed confidence in achieving a revenue target of $100 million in the CED market in the coming years [43] Other Important Information - Total operating expenses for Q1 were $27.4 million, with R&D expenses at $16.4 million and SG&A expenses at $11 million [24] - The company ended the quarter with $517 million in cash, cash equivalents, and short-term investments [64] Q&A Session Summary Question: What is driving growth across product segments? - Growth is expected from all segments, with CED, automotive, and industrial markets performing well, while consumer growth is also anticipated [34] Question: Are customers through the inventory correction? - Most customers are expected to be through the inventory correction by the end of Q2, returning to normal buying patterns [35] Question: What is the outlook for the second half of the year? - A stronger second half is anticipated, with expectations of normal seasonal strength as customers emerge from inventory corrections [37][48] Question: How is pricing pressure affecting the automotive segment? - Pricing pressure is noted in the automotive segment, primarily due to EV pricing, but overall pricing remains stable across other segments [55][56] Question: What is the expected growth rate for the company? - The company maintains a long-term growth expectation of around 30%, with significant potential for growth in Q3 and Q4 [51][55]

SiTime Reports First Quarter 2024 Financial Results Exhibit 99.1 In December 2023, SiTime closed the acquisition of certain assets and an exclusive license to certain intellectual property, subject to certain covenants and restrictions, from Aura Semiconductor Pvt. Ltd. and certain of its affiliates relating to Aura's timing business and clock products. The purchase price has been allocated to the fair value of the intangible assets acquired based on estimates and assumptions made by management at the time ...

FORM 10-K _______________________________________________________ (Mark One) Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________________________________ x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-391 ...

SiTime Corporation (NASDAQ:SITM) Q4 2023 Earnings Conference Call February 13, 2024 5:00 PM ET Company Participants Brett Perry - Shelton Group IR Rajesh Vashist - CEO Beth Howe - CFO Conference Call Participants Chris Caso - Wolfe Research Tore Svanberg - Stifel Quinn Bolton - Needham & Company Scott Sandlin - Barclays Douglas O'Laughlin - Fabricated Knowledge Operator Good afternoon, and welcome to SiTime's Fourth Quarter 2023 Financial Results Conference Call. At this time, all participants are in a list ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q ________________________________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-39135 ____________________________________________ ...

SiTime Corporation (NASDAQ:SITM) Q3 2023 Earnings Conference Call November 1, 2023 5:00 PM ET Company Participants Brett Perry - Shelton Group IR Rajesh Vashist - CEO Art Chadwick - CFO Conference Call Participants Tore Svanberg - Stifel Quinn Bolton - Needham & Company Suji Desilva - ROTH MKM Doug O'Laughlin - Fabricated Knowledge Tore Svanberg - Stifel Chris Caso - Wolfe Research Operator Good afternoon, and welcome to SiTime's Third Quarter 2023 Financial Results Conference Call. At this time, all partic ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-39135 SiTime Corporation (Exact name of registrant as specified in its charter) Delaware 02-0713868 (State or other jurisdiction o ...

SiTime Corporation (NASDAQ:SITM) Q2 2023 Results Conference Call August 2, 2023 5:00 PM ET Company Participants Brett Perry - Shelton Group Investor Relations Rajesh Vashist - CEO Art Chadwick - CFO Conference Call Participants Tore Svanberg - Stifel Suji Desilva - ROTH Capital Quinn Bolton - Needham & Company Chris Caso - Wolfe Research Douglas O'Laughlin - Fabricated Knowledge Operator Good afternoon. And welcome to SiTime's Second Quarter 2023 Financial Results Conference Call [Operator Instructions]. As ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-39135 SiTime Corporation Delaware 02-0713868 (State or other jurisdiction of incorporation or organization) 5451 Patrick Henry Dr ...