SANTA CLARA, Calif. (AP) _ SiTime Corporation (SITM) on Wednesday reported first-quarter earnings of $6.1 million.

On a per-share basis, the Santa Clara, California-based company said it had net income of 27 cents. Earnings, adjusted for stock option expense, were 94 cents per share.

The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 76 cents per share.

The company posted revenue of $70.3 million in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $65 million.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SITM at https://www.zacks.com/ap/SITM

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