🟢 SiTime is trading 4.63% up in pre-market after 257% Q3 revenue growth and Q4 guidance

SiTime is trading at $421.95, up 4.63%, after its November 4 results and outlook offered the clearest company-specific explanation for the pre-market gain.

• Q3 revenue was $298.7 million, up 257% year over year; non-GAAP EPS was $4.01, with a 70.7% non-GAAP gross margin.
• Management forecast Q4 revenue of $331 million to $341 million and approximately $4.76 in non-GAAP EPS at the midpoint.