SiTime (SITM) Stock Surges On Margin Strength As Concentration Risks Persist
SiTime (SITM) shares rose about 5.5% to around $725 after its Q2 2026 results. Revenue increased to about $157.4m from $69.5m a year earlier. Non-GAAP EPS was $2.34, with non-GAAP operating margin around 34% and gross margin about 67.1%. The article also cites customer concentration, Renesas transition services, capacity expansion needs, and $1.35b zero-coupon convertibles.



