SiTime Q2 Adj. EPS $0.47 Beats $0.28 Estimate, Sales $69.494M Beat $64.653M Estimate

SiTime (NASDAQ: SITM) reported quarterly earnings of $0.47 per share which beat the analyst consensus estimate of $0.28 by 66.08 percent. This is a 291.67 percent increase over earnings of $0.12 per share from the same period last year. The company reported quarterly sales of $69.494 million which beat the analyst consensus estimate of $64.653 million by 7.49 percent. This is a 58.42 percent increase over sales of $43.866 million the same period last year.