|Bid||0.00 x 2900|
|Ask||0.00 x 1100|
|Day's Range||140.79 - 148.00|
|52 Week Range||129.44 - 341.77|
|Beta (5Y Monthly)||1.68|
|PE Ratio (TTM)||197.08|
|Earnings Date||Feb 01, 2022 - Feb 07, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||273.00|
Chipmaker SiTime late Wednesday easily topped Wall Street's targets for the second quarter, but it slashed its outlook for the rest of the year.
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.