SANTA CLARA, Calif. (AP) _ SiTime Corporation (SITM) on Wednesday reported fourth-quarter net income of $19.9 million.

The Santa Clara, California-based company said it had profit of 90 cents per share. Earnings, adjusted for stock option expense, came to $1.32 per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.09 per share.

The company posted revenue of $75.7 million in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $71 million.

For the year, the company reported profit of $32.3 million, or $1.53 per share. Revenue was reported as $218.8 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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