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Jonah Lupton, investor and market commentator at Social Media / FinTwit, highlighted that SITM exceeded expectations in its Q2 earnings report and delivered some of the strongest Q3 guidance seen recently.
According to Lupton, the Q3 outlook from SITM points to approximately 90% quarter-over-quarter revenue growth, around 250% year-over-year revenue growth, and roughly 320% year-over-year earnings growth, with the stock currently trading below 40 times next-twelve-months EPS. Lupton also mentioned CRDO in his commentary.
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Lupton has previously commented on slowing growth at other tech firms, noting that AppLovin shares fell after BofA highlighted slow pixel install growth since the GA launch. He has also tracked large-scale ambitions in the sector, most recently highlighting AWS's pursuit of $1 trillion in annual revenue as AI infrastructure spending increases. His recent remarks on SITM and CRDO follow a pattern of monitoring both strong guidance and growth challenges across technology and infrastructure names.