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.

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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.

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Shares of Synaptics Inc. SYNA dropped more than 12% in the extended session Wednesday after the maker of human- interface hardware and software such as touchpads reported fiscal third-quarter adjusted earnings and revenue above Wall Street expectations, but called for a weaker current quarter due to “the currrent economic slowdown.” Synaptics earned $10.4 million, or 26 cents a share, compared with $65 million, or $1.59 a share, in the year-ago quarter.

Synaptics calls for lower revenue on ‘economic slowdown'

The company has made a successful transition towards servicing the IoT market, benefiting from its core capabilities as well as a market secular tailwind. However, progress is being rudely interrupted by a substantial inventory correction, as economies are slowing down and scarcities turn into a glut.

Headwinds At Synaptics Will Be Temporary

SAN JOSE, Calif., April 13, 2023 (GLOBE NEWSWIRE) -- Synaptics® Incorporated (Nasdaq: SYNA ) today announced that it will report financial results for the third quarter of fiscal 2023 on Wednesday, May 3, 2023 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 Third Quarter Fiscal 2023 Results on May 3, 2023

SAN JOSE, Calif., March 29, 2023 (GLOBE NEWSWIRE) -- Synaptics® Incorporated (Nasdaq: SYNA) today announced that two of its newest solutions — Synaptics Resonate™ surface audio and haptics for displays and its Triple Combo 2™ system-on-chip (SoC) enabling interoperable wireless connectivity (SYN4382) — were both recognized with Embedded Computing Design magazine's “Best in Show” awards at the recent Embedded World 2023 conference.

Synaptics Resonate™ Surface Audio and Triple Combo 2™ Wireless SoC Win Embedded Computing Design Magazine's “Best in Show” Awards at Embedded World 2023

Matter-compliant Wi-Fi 2.4/5/6/6E, Bluetooth® 5.3, and IEEE 802.15.4 wireless IoT platform enables simultaneous operation of two radios and multiple Bluetooth channels to stream multimedia content. Matter-compliant Wi-Fi 2.4/5/6/6E, Bluetooth® 5.3, and IEEE 802.15.4 wireless IoT platform enables simultaneous operation of two radios and multiple Bluetooth channels to stream multimedia content.

Synaptics Launches Breakthrough Triple Combo™ 16 nm Ultra-Low-Power SoC With Enhanced Connectivity and Streaming Features to Drive New Automotive and Multimedia Use Cases

Uses display as a sound and haptics transducer to reduce space, cost, and power while bringing a more immersive and interactive experience to users of industrial, automotive, and consumer IoT devices Uses display as a sound and haptics transducer to reduce space, cost, and power while bringing a more immersive and interactive experience to users of industrial, automotive, and consumer IoT devices

Synaptics Resonate™ Revolutionizes Audio and Haptics For Embedded Displays

SAN JOSE, Calif., Feb. 22, 2023 (GLOBE NEWSWIRE) -- Synaptics® Incorporated (Nasdaq: SYNA ) today announced its participation in upcoming investor conferences.

Synaptics to Participate at Upcoming Investor Conferences Wednesday, March 1, 2023 and Thursday, March 2, 2023

Synaptics missed December quarter expectations, with a sharp sequential decline in the IoT business and sequential growth in Mobile that isn't sustainable. Inventories remain too high among PC, smart home, and other consumer product customers, driving weaker guidance and an expected 8% revenue decline in March.

Synaptics Shares Have Snapped Back In Anticipation That The Worst Is In Sight

SAN JOSE, Calif., Feb. 07, 2023 (GLOBE NEWSWIRE) -- Synaptics® Incorporated (Nasdaq: SYNA) announced that it strengthened its leadership team with the addition of Lori Stahl as Chief People Officer and Vikram Gupta as SVP and GM of IoT Processors and Chief Product Officer.

Synaptics Strengthens Leadership Team with Addition of Lori Stahl as Chief People Officer and Vikram Gupta as SVP and GM of IoT Processors, and Chief Product Officer

The stock price of Synaptics, Incorporated (NASDAQ: SYNA) fell by 10.63% in the most recent trading session. This is why.

SYNA Stock: 10.63% Decrease Explained

Synaptics Incorporated (NASDAQ:SYNA ) Q2 2023 Earnings Conference Call February 2, 2023 5:00 PM ET Company Participants Munjal Shah - Vice President and Head, Investor Relations Michael Hurlston - President & Chief Executive Officer Dean Butler - Chief Financial Officer Conference Call Participants Kevin Cassidy - Rosenblatt Securities Rajvindra Gill - Needham & Company Anthony Stoss - Craig-Hallum Christopher Rolland - Susquehanna Martin Yang - Oppenheimer Operator Good day and thank you for standing by. Welcome to the Synaptics Inc. Second Quarter Fiscal Year 2023 Financial Results Conference Call.

Synaptics Incorporated (SYNA) Q2 2023 Earnings Call Transcript

Synaptics (SYNA) delivered earnings and revenue surprises of -6.78% and 3.49%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Synaptics (SYNA) Misses Q2 Earnings and Revenue Estimates

Q2'23 Financial Results and Recent Business Highlights

Synaptics Reports Second Quarter Fiscal 2023 Results

SAN JOSE, Calif., Feb. 01, 2023 (GLOBE NEWSWIRE) -- Synaptics ® Incorporated (Nasdaq: SYNA) today announced that its Triple Combo™ SoC (SYN4381) was named “Product of the Year for IoT Platforms” by Electronic Products magazine. In its 46th year, Electronic Products' awards recognize outstanding technology innovations that exhibit any of the following qualities:

Synaptics' Triple Combo™ Heterogeneous Wireless Solution Wins Electronic Products Magazine's 2022 Product of the Year Award for IoT Platforms

The company has made a terrific transformation now being an IoT company with a much higher TAM, higher growth and higher margins. That transformation is far advanced, so gross margins are topping but the larger TAM and higher secular growth remain.

Synaptics Interrupted IoT Wave Will Resume

SAN JOSE, Calif., Jan. 12, 2023 (GLOBE NEWSWIRE) -- Synaptics® Incorporated (Nasdaq: SYNA ) today announced that it will report financial results for the second quarter of fiscal 2023 on Thursday, February 2, 2023 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 2023 Results on February 2, 2023

SAN JOSE, Calif., Jan. 03, 2023 (GLOBE NEWSWIRE) -- Synaptics® Incorporated (Nasdaq: SYNA ) today announced its participation in upcoming investor conference.

Synaptics to Participate at Upcoming Investor Conference Tuesday, January 10, 2023

AEC-Q100 Grade 2-qualified IC simultaneously drives backlight LED array and multiple Synaptics TDDI LCD touch/display drivers for high-performance, cost-effective displays AEC-Q100 Grade 2-qualified IC simultaneously drives backlight LED array and multiple Synaptics TDDI LCD touch/display drivers for high-performance, cost-effective displays

Synaptics Launches SmartBridge™ (SB7900) Local Dimming IC to Enable Larger, Higher-Contrast, Higher-Resolution Automotive Touch Displays

Ultra-low-power, machine learning (ML) algorithms analyze user and on-looker behavior to conserve power while enhancing privacy and security Ultra-low-power, machine learning (ML) algorithms analyze user and on-looker behavior to conserve power while enhancing privacy and security

Synaptics' Emza Visual Sense AI Powers Human Presence Detection in Latest Dell and Panasonic Mobile PCs

The VMM9430 and DisplayLink DL-7400 support up to four 4K120/144 Hz displays and bring IoT capability to uniquely address performance, flexibility, and management of the hybrid office The VMM9430 and DisplayLink DL-7400 support up to four 4K120/144 Hz displays and bring IoT capability to uniquely address performance, flexibility, and management of the hybrid office

Synaptics Introduces DisplayPort 2.1 and DisplayLink Quad-Display SoCs to Drive Productivity in the Rapidly Evolving Workplace

Features 80% lower power consumption in a 30% smaller package with 50% greater accuracy Features 80% lower power consumption in a 30% smaller package with 50% greater accuracy

Synaptics Launches SYN4778, the Lowest Power, Smallest, Most Accurate GNSS IC for IoT Devices

SAN JOSE, Calif., Nov. 21, 2022 (GLOBE NEWSWIRE) -- Synaptics® Incorporated (Nasdaq: SYNA ) today announced its participation in upcoming investor conferences.

Synaptics to Participate at Upcoming Investor Conferences on Tuesday, November 29, 2022 and Wednesday, November 30, 2022

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System on module (SoM) developed with Ampak combines the Katana™ low-power Edge AI SoC with Wi-Fi / Bluetooth wireless connectivity in an ultra-small-form-factor package System on module (SoM) developed with Ampak combines the Katana™ low-power Edge AI SoC with Wi-Fi / Bluetooth wireless connectivity in an ultra-small-form-factor package

Synaptics Launches KatanaConnect™, Industry's First Miniature Wireless AI Vision and Audio Module for Rapid Implementation of Battery-Powered IoT Devices

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