🟢 SiTime is trading 10% up in after-hours trading after revenue and adjusted earnings beat estimates

SiTime is trading at $444.10, up 10.12%, in after-hours trading after Q3 revenue and adjusted earnings beat analyst estimates.

• Q3 revenue was $298.7 million and adjusted earnings were $4.01 per share, versus estimates of $290.4 million and $3.41, respectively.
• Management cited AI infrastructure demand and an annualized revenue run rate above $1 billion exiting the quarter; non-GAAP gross margin was 70.7%.
• The after-hours gain followed the November 4 results release; trading volume data was unavailable in the sources reviewed.