SiTime

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of SiTime Corporation (SITM) on Behalf of Investors

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목요일, 2월 1, 2024

Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of SiTime Corporation (“SiTime” or the “Company”) (NASDAQ: SITM ) investors concerning the Company’s possible violations of the federal securities laws.

Key Points: 
  • Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of SiTime Corporation (“SiTime” or the “Company”) (NASDAQ: SITM ) investors concerning the Company’s possible violations of the federal securities laws.
  • You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at [email protected] to learn more about your rights.
  • On this news, SiTime’s stock price fell $4.60, or 3.8%, to close at $116.53 per share on January 26, 2024, thereby injuring investors.
  • Whistleblower Notice: Persons with non-public information regarding SiTime should consider their options to aid the investigation or take advantage of the SEC Whistleblower Program.

The Law Offices of Frank R. Cruz Announces Investigation of SiTime Corporation (SITM) on Behalf of Investors

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수요일, 1월 31, 2024

The Law Offices of Frank R. Cruz announces an investigation of SiTime Corporation (“SiTime” or the “Company”) (NASDAQ: SITM ) on behalf of investors concerning the Company’s possible violations of federal securities laws.

Key Points: 
  • The Law Offices of Frank R. Cruz announces an investigation of SiTime Corporation (“SiTime” or the “Company”) (NASDAQ: SITM ) on behalf of investors concerning the Company’s possible violations of federal securities laws.
  • If you are a shareholder who suffered a loss, click here to participate.
  • On this news, SiTime’s stock price fell $4.60, or 3.8%, to close at $116.53 per share on January 26, 2024, thereby injuring investors.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

SITIME ALERT: Bragar Eagel & Squire, P.C. is Investigating SiTime Corporation on Behalf of SiTime Stockholders and Encourages Investors to Contact the Firm

Retrieved on: 
화요일, 1월 30, 2024

NEW YORK, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against SiTime Corporation (“SiTime” or the “Company”) (NASDAQ: SITM) on behalf of SiTime stockholders.

Key Points: 
  • NEW YORK, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against SiTime Corporation (“SiTime” or the “Company”) (NASDAQ: SITM) on behalf of SiTime stockholders.
  • Our investigation concerns whether SiTime has violated the federal securities laws and/or engaged in other unlawful business practices.
  • 99, ‘Materiality,'" the statements at issue were materially misstated, should no longer be relied upon, and will be restated.
  • On this news, SiTime's stock price fell $4.60 per share, or 3.8%, to close at $116.53 per share on January 26, 2024.

SiTime Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

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금요일, 11월 17, 2023

SANTA CLARA, Calif., Nov. 17, 2023 (GLOBE NEWSWIRE) -- As required by Nasdaq Listing Rule 5635(c)(4), SiTime Corporation (NASDAQ: SITM), the precision timing company, today announced that SiTime granted two restricted stock unit awards (“RSUs”) on November 16, 2023, to Beth Howe, SiTime’s new Executive Vice President, Chief Financial Officer.

Key Points: 
  • SANTA CLARA, Calif., Nov. 17, 2023 (GLOBE NEWSWIRE) -- As required by Nasdaq Listing Rule 5635(c)(4), SiTime Corporation (NASDAQ: SITM), the precision timing company, today announced that SiTime granted two restricted stock unit awards (“RSUs”) on November 16, 2023, to Beth Howe, SiTime’s new Executive Vice President, Chief Financial Officer.
  • These RSU grants were made in connection with the previously disclosed agreement with Ms. Howe and as a material inducement to her joining SiTime.
  • The grants were approved by the Compensation Committee of SiTime’s Board of Directors under SiTime’s 2022 Inducement Award Plan in accordance with Nasdaq Listing Rule 5635(c)(4).
  • The inducement grants are subject to the terms and conditions of award agreements covering the grants and SiTime’s 2022 Inducement Award Plan.

SiTime Solves Critical Challenges in GPS-enabled Defense Systems

Retrieved on: 
목요일, 12월 7, 2023

SiTime Corporation (NASDAQ: SITM), the precision timing company, today announced its Endura Epoch Platform ™ built for robust and resilient positioning, navigation and timing (PNT) services critical in defense operations.

Key Points: 
  • SiTime Corporation (NASDAQ: SITM), the precision timing company, today announced its Endura Epoch Platform ™ built for robust and resilient positioning, navigation and timing (PNT) services critical in defense operations.
  • “GPS was originally deployed for national security and later adopted for a variety of commercial and industrial applications,” said Piyush Sevalia, executive vice president of marketing at SiTime.
  • “In addition to national security applications, GPS plays an essential role in civilian infrastructure, such as aviation, power grid and emergency response.
  • An industry analysis revealed that a total GPS outage would negatively impact the economy by $1 billion per day .”
    “Over the last few decades, defense systems and business processes have been structured around GPS-based PNT,” continued Sevalia.

SiTime Reports Third Quarter 2023 Financial Results

Retrieved on: 
수요일, 11월 1, 2023

SANTA CLARA, Calif., Nov. 01, 2023 (GLOBE NEWSWIRE) -- SiTime Corporation, (Nasdaq: SITM), the precision timing company, today announced financial results for the third quarter ended September 30, 2023.

Key Points: 
  • SANTA CLARA, Calif., Nov. 01, 2023 (GLOBE NEWSWIRE) -- SiTime Corporation, (Nasdaq: SITM), the precision timing company, today announced financial results for the third quarter ended September 30, 2023.
  • Net revenue in the third quarter of 2023 was $35.5 million, a 28.1% increase from the $27.7 million in the second quarter of 2023.
  • SiTime believes that the presentation of non-GAAP financial measures provides important supplemental information to management and investors regarding financial and business trends relating to SiTime’s financial condition and results of operations.
  • SiTime will broadcast the financial results for its third quarter of 2023 via conference call today, November 1, 2023, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time).

SiTime Appoints Beth Howe as Executive Vice President and Chief Financial Officer; Art Chadwick Announces Retirement

Retrieved on: 
수요일, 11월 1, 2023

SiTime Corporation (NASDAQ: SITM), the precision timing company, today announced that Beth Howe has been named SiTime’s executive vice president and chief financial officer (CFO) effective November 8, 2023.

Key Points: 
  • SiTime Corporation (NASDAQ: SITM), the precision timing company, today announced that Beth Howe has been named SiTime’s executive vice president and chief financial officer (CFO) effective November 8, 2023.
  • Art Chadwick has made the decision to step down as CFO and retire, effective November 7, 2023.
  • View the full release here: https://www.businesswire.com/news/home/20231101119700/en/
    As CFO, Beth will be responsible for overseeing all aspects of the company’s financial management.
  • (Photo: Business Wire)
    “I joined SiTime a little over four years ago to help take the company public, raise capital, and drive growth,” said Art Chadwick, CFO SiTime.

SiTime Acquires Clock Products from Aura Semiconductor

Retrieved on: 
수요일, 11월 1, 2023

SiTime Corporation (NASDAQ: SITM), the precision timing company, today announced it has entered into an exclusive agreement with Aura Semiconductor to acquire its clock products and license all of its clock IP.

Key Points: 
  • SiTime Corporation (NASDAQ: SITM), the precision timing company, today announced it has entered into an exclusive agreement with Aura Semiconductor to acquire its clock products and license all of its clock IP.
  • “SiTime’s vision is to transform all categories of the $10 billion timing market,” said Rajesh Vashist, CEO and chairman of SiTime.
  • In these four years, we’ve grown from 60 to 150 unique products, and the price of our highest-value oscillator has grown tenfold.
  • As part of the transaction, SiTime is opening an office in Bengaluru, India with an engineering and support team there.

SiTime Transforms Precision Timing with New Epoch Platform

Retrieved on: 
화요일, 9월 19, 2023

SiTime Corporation (NASDAQ: SITM), the precision timing company, today announced the SiTime Epoch Platform™ , designed to solve the most complex timing issues in electronics and disrupt 100-year-old quartz-based technology.

Key Points: 
  • SiTime Corporation (NASDAQ: SITM), the precision timing company, today announced the SiTime Epoch Platform™ , designed to solve the most complex timing issues in electronics and disrupt 100-year-old quartz-based technology.
  • View the full release here: https://www.businesswire.com/news/home/20230919903817/en/
    SiTime Epoch Platform delivers 2x longer holdover and ensures reliable, continuous network operations.
  • (Photo: Business Wire)
    “The release of the Epoch Platform is a pivotal moment for SiTime and the electronics industry,” said Rajesh Vashist, CEO and chairman of SiTime.
  • SiTime’s Epoch Platform changes the game, delivering higher performance and reliability with lower power that was unavailable until now.

SiTime Reports Second Quarter 2023 Financial Results

Retrieved on: 
수요일, 8월 2, 2023

SANTA CLARA, Calif., Aug. 02, 2023 (GLOBE NEWSWIRE) -- SiTime Corporation, (Nasdaq: SITM), the precision timing company, today announced financial results for the second quarter ended June 30, 2023.

Key Points: 
  • SANTA CLARA, Calif., Aug. 02, 2023 (GLOBE NEWSWIRE) -- SiTime Corporation, (Nasdaq: SITM), the precision timing company, today announced financial results for the second quarter ended June 30, 2023.
  • Net revenue in the second quarter of 2023 was $27.7 million, a 27.7% decrease from the $38.3 million in the first quarter of 2023.
  • SiTime believes that the presentation of non-GAAP financial measures provides important supplemental information to management and investors regarding financial and business trends relating to SiTime’s financial condition and results of operations.
  • SiTime will broadcast the financial results for its second quarter of 2023 via conference call today, August 2, 2023, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time).