SiTime(SITM) - 2024 Q3 - Quarterly Results

Exhibit 99.1 SiTime Reports Third Quarter 2024 Financial Results SANTA CLARA, Calif., November 6, 2024 – SiTime Corporation, (Nasdaq: SITM), the Precision Timing company, today announced financial results for the third quarter ended September 30, 2024. Net revenue in the third quarter of 2024 was $57.7 million, a 32% increase from $43.9 million in the prior quarter and an increase of 62% from the year ago period. "We saw strong revenue and profit growth in Q3," said Rajesh Vashist, CEO and chairman of SiTim ...