Synaptics

Synaptics, Inc. engages in the development, marketing, and sale of human interface semiconductor solutions for electronic devices and products. It specializes in custom-designed human interface that enable people to interact with mobile computing, communications, entertainment, and other electronic devices. The company was founded by Federico Faggin and Carver A. Mead in March 1986 and is headquartered in San Jose, CA.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

SYNA reports Q3 revenue decline, focuses on customer expansion

SYNA faces challenges due to market conditions and competitive pressures but has bright spots in automotive products and new customer product ramps. The company is focused on expanding its customer base and addressing pricing dynamics to maintain confidence in its revenue run rate.

Synaptics reports Q2 revenue of $353M, addresses inventory challenges

Synaptics navigated challenges in inventory accumulation and margin pressures while focusing on growth opportunities in wireless technologies and automotive displays. The company aims to manage inventories, maintain gross margins, and return IoT levels to normalcy. Despite facing headwinds in AR and VR markets, Synaptics remains optimistic about potential supplier support and future growth.

Synaptics reports resilient Q3 performance amidst sector challenges

Synaptics' Q3 performance showcased resilience with revenue above guidance and strong gross margins despite sector declines.
The company's focus on unit-driven demand has shielded it from ASP pressures, while challenges in inventory management persist.
Opportunities lie in Wi-Fi business expansion, additional customer growth, and strategic planning to address market dynamics.
Synaptics faces challenges in reducing inventories, passing on increased costs, and navigating competitive pressures in the IoT sector.

Synaptics sees revenue recovery in key sectors, eyes wireless growth

Synaptics navigated revenue challenges but is optimistic about recovery in key sectors like PC and Mobile.
The company strategically repurchased shares, enhanced its wireless product portfolio, and focused on cost management.
While facing pricing pressures and inventory challenges, Synaptics is capitalizing on opportunities in wireless and processor segments.
Maintaining profitability and a healthy cash balance, Synaptics aims for growth through new solutions and customer wins.

Synaptics reports revenue growth and optimistic outlook for 2024

Synaptics reported a positive revenue growth in Q1 2024, driven by Enterprise PC products and new Wireless offerings.
The company is optimistic about a recovery in 2024 and emphasizes the importance of module partners for market expansion.
Challenges include optimizing performance in Enterprise and Automotive segments while focusing on operational efficiency.
Opportunities lie in the Mobile market trends, leveraging module partners for business impact, and engaging with investors for growth.

Synaptics meets Q2 expectations, focuses on Core IoT growth

Synaptics' Q2 performance met expectations with revenue slightly above guidance. The company is focusing on Core IoT and mobile products for growth, while facing challenges in enterprise and automotive segments. Opportunities lie in new wireless design wins and AI integration in IoT devices.

Synaptics reports Q4 revenue growth, eyes IoT and enterprise for Q1

Synaptics demonstrated resilience and growth in core IoT and key product segments, with revenue exceeding expectations in Q4 2024.
While facing challenges in overall revenue decline, the company's focus on stability and growth areas positions it well for future opportunities.
Strategic guidance for Q1 2025 underscores a commitment to key product lines and signals a proactive approach to driving revenue growth.

Synaptics reports robust Q1 earnings, eyes IoT growth opportunities

Synaptics delivered a strong performance in Q1 2025, marked by revenue growth, margin improvement, and earnings expansion, supported by a robust Core IoT segment.
The company's focus on operational efficiency, product diversification, and shareholder value enhancement bodes well for its long-term growth prospects and financial stability.
While challenges like sustaining growth and market uncertainties exist, Synaptics is poised to capitalize on opportunities in IoT, wireless, and other key segments for sustained success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Highly integrated Linux® and Android™ SoCs and dev kit are optimized for consumer, enterprise, and industrial applications and deliver an 'out-of-the-box' edge AI experience Highly integrated Linux® and Android™ SoCs and dev kit are optimized for consumer, enterprise, and industrial applications and deliver an 'out-of-the-box' edge AI experience

Synaptics Astra™ AI-Native IoT Platform Launches with SL-Series Embedded Processors and Machina Foundation Series Development Kit

Knightscope

Enthusiasm over the prospects for artificial intelligence (AI) continues to be a significant driver for a plethora of stocks, including some of the so-called Magnificent Seven.

2 AI Stocks Wall Street Expects to Return Up to 809% in 2024

SAN JOSE, Calif., March 21, 2024 (GLOBE NEWSWIRE) -- Synaptics® Incorporated (Nasdaq: SYNA) today announced that at embedded world 2024, it will demonstrate how its leadership in edge AI compute, wireless connectivity, and automotive displays and infotainment is delivering differentiated end-user experiences for the Internet of Things (IoT). Along with new hardware, software, community, and ecosystem support for Synaptics Astra TM —the AI-native compute platform for the IoT—the company will also be giving a live three-hour AI training session, multiple AI technical “how to” sessions, and a special Forum talk on “Accelerating the Transformation to an AI-native IoT” by Vikram Gupta, Chief Product Officer, SVP and GM of the Processing Division at Synaptics.

embedded world 2024: Synaptics Showcases Leadership in Edge AI Compute, Wireless Connectivity, and Automotive In-Cabin Experiences

SAN JOSE, Calif., March 07, 2024 (GLOBE NEWSWIRE) -- Synaptics® Incorporated (Nasdaq: SYNA ) today announced the appointment of Lisa Bodensteiner as Senior Vice President, Chief Legal Officer and Secretary, strengthening its leadership team. Ms. Bodensteiner joined in November to guide Synaptics' legal strategy, ensure regulatory compliance, and oversee corporate governance.

Synaptics Strengthens Leadership Team with the Addition of Lisa Bodensteiner as Senior Vice President, Chief Legal Officer, and Secretary

Rekor Systems Inc

Symbotic Inc

The AI market is more prominent than ever and shows no signs of slowing down. The largest companies in the world are making significant investments in their AI departments keep pace.

3 Cheap AI Stocks to Buy in March 2024

C3.ai

NVIDIA

UiPath

The AI stock rally has continued at a torrid pace. Many companies in this sector have cruised to new all-time highs almost daily in recent months.

AI Stock Picks & Pans: 2 Names to Buy and 2 to Sell ASAP

SAN JOSE, Calif., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Synaptics® Incorporated (Nasdaq: SYNA ) today announced its participation in upcoming investor conferences.

Synaptics to Participate at Upcoming Investor Conferences Thursday, February 29, 2024 and Tuesday, March 5, 2024

SAN JOSE, Calif., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Synaptics® Incorporated (Nasdaq: SYNA ) today announced the resignation of its Chief Financial Officer, Dean Butler, effective immediately, to pursue a new opportunity. Butler will continue in an advisory role through April 5, 2024, to provide any assistance the company needs.

Synaptics Announces Chief Financial Officer Transition

Synaptics, Inc. (SYNA) Q2 2024 Earnings Call Transcript

Synaptics (SYNA) came out with quarterly earnings of $0.57 per share, beating the Zacks Consensus Estimate of $0.46 per share. This compares to earnings of $2.20 per share a year ago.

Synaptics (SYNA) Q2 Earnings and Revenues Beat Estimates

Q2'24 Financial Results and Recent Business Highlights Revenue of $237.0 million GAAP gross margin of 46.0 percent Non-GAAP gross margin of 52.5 percent GAAP loss per share of $0.23 Non-GAAP diluted earnings per share of $0.57 SAN JOSE, Calif., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Synaptics Incorporated (Nasdaq: SYNA), today reported financial results for its second quarter of fiscal 2024 ended December 30, 2023.

Synaptics Reports Second Quarter Fiscal 2024 Results

SAN JOSE, Calif., Jan. 17, 2024 (GLOBE NEWSWIRE) -- Synaptics® Incorporated (Nasdaq: SYNA ) today announced that it will report financial results for the second quarter of fiscal 2024 on Thursday, February 8, 2024 after the close of market. The Company will host a corresponding conference call for analysts and investors at 2:00 p.m. PT (5:00 p.m. ET), during which management may discuss forward-looking information.

Synaptics to Report Second Quarter Fiscal 2024 Results on February 8, 2024

SAN JOSE, Calif., Jan. 12, 2024 (GLOBE NEWSWIRE) -- Synaptics® Incorporated (Nasdaq: SYNA ) today announced its participation in an upcoming investor conference.

Synaptics to Participate at Upcoming Investor Conference Thursday, January 18, 2024

We're initiating Synaptics with a buy rating for longer-term investors. We think SYNA is well-positioned to grow its top line once enterprise and auto-related demand rebounds, aided by the PC-demand recovery. We see some near-term challenges but believe the company's top line has bottomed.

Synaptics: Initiating With Buy, Waiting For Enterprise Rebound

SAN JOSE, Calif., Nov. 20, 2023 (GLOBE NEWSWIRE) -- Synaptics® Incorporated (Nasdaq: SYNA ) today announced its participation in an upcoming investor conference.

Synaptics to Participate at Upcoming Investor Conference on Wednesday, November 29, 2023

Synaptics Incorporated has seen its stock price increase while the S&P 500 declined, thanks to positive earnings and strong cash flows. SYNA offers investors exposure to the rapidly growing IoT market, with expectations of strong net income growth and a fair price for entry. The company has a diverse product portfolio and is focused on innovation, positioning itself for sustained success in the market.

Synaptics Incorporated: Showing Why Its A Winner As Positive FCF Continues

Verra Mobility Corp

In correlation with their innovative technology solutions, the expansion of Synaptics (SYNA) and Verra Mobility (VRRM) shouldn't be overlooked.

Time to Buy Stock in These Innovative Companies After Earnings?

Plug Power

Synaptics Inc.'s SYNA, -0.16% stock surged 14% after the semiconductor company reported quarterly results that topped analyst revenue and earnings estimates.

Lions Gate shares rise on surprise profit, Plug Power stock plunges on supply warning and more moving stocks

Synaptics, Inc. (NASDAQ:SYNA ) Q1 2024 Earnings Conference Call November 9, 2023 5:00 PM ET Company Participants Michael Hurlston - President, CEO & Director Munjal Shah - IR Officer Dean Butler - SVP & CFO Conference Call Participants Christopher Rolland - Susquehanna Financial Group Kevin Cassidy - Rosenblatt Securities Krish Sankar - TD Cowen Nicolas Doyle - Needham & Company Gary Mobley - Wells Fargo Securities Martin Yang - Oppenheimer Ambrish Srivastava - BMO Capital Markets Operator Good day and thank you for standing by. Welcome to the Synaptics Incorporated First Quarter 2024 Financial Results Conference Call.

Synaptics, Inc. (SYNA) Q1 2024 Earnings Call Transcript

Synaptics Inc.'s SYNA, -0.16% stock rose 3% in extended trading Thursday after the semiconductor company reported quarterly results that topped analyst revenue and earnings estimates. Synaptics reported a fiscal first-quarter net loss of $55.6 million, or $1.43 a share, compared with net income of $64.6 million, or $1.62 a share, in the year-ago quarter.

Synaptics' stock is rising after earnings, revenue beats

SAN JOSE, Calif., Nov. 08, 2023 (GLOBE NEWSWIRE) -- Synaptics® Incorporated (Nasdaq: SYNA) today announced the expansion of its industry-leading wireless connectivity family for the Internet of Things (IoT) with the introduction of the SYN43711.

Synaptics Extends Leadership in High-Performance Wi-Fi 6E and Bluetooth 5.3 IoT Device Connectivity

Synaptics (SYNA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Synaptics (SYNA) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Synaptics (SYNA) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will Synaptics (SYNA) Beat Estimates Again in Its Next Earnings Report?

SAN JOSE, Calif., Oct. 31, 2023 (GLOBE NEWSWIRE) -- Synaptics® Incorporated (Nasdaq: SYNA) today announced the availability of the DVF120 power-efficient and cost-optimized system on chip (SoC) that leverages over a decade of Synaptics' domain experience to integrate all major features required for advanced UCC terminals.

Synaptics Introduces the DVF120, World's First AI SoC Optimized for Advanced Enterprise Unified Communication and Collaboration (UCC) Products

Qorvo

Silicon Motion Technology

SIMO, QRVO and SYNA are poised to benefit from higher demand for scalable infrastructure for seamless connectivity amid a wide proliferation of IoT and a steady pace of 5G rollout.

News for Synaptics Stock (SYNA)