Synaptics (SYNA) Tops Q2 EPS by 4c, Guides Above for Q3 Revs; Approves 3-for-2 Stock Split
More News related to SYNA
- Synaptics to Present at the Barclays Capital Global Technology Conference
- Synaptics (SYNA) Filed a $250M Mixed Securities Shelf
- Synaptics (SYNA) CEO Buys 25K Shares
- Lazard Capital Downgrades Synaptics (SYNA) to Sell
- Merrill Lynch Initiates Coverage on Synaptics (SYNA) with a Neutral
More News related to Earnings
- BMO Upgrades Spectrum Brands (SPC) to Market Perform
- Maxim Upgrades Palomar Medical (PMTI) to Buy
- RBC Capital Upgrades DSP Group (DSPG) to Sector Perform
- UBS Upgrades Morgans Hotel Group (MHGC) to Buy
- Janney Montgomery Scott Upgrades Wright Express Corp (WXS) to Buy.
Synaptics Incorporated (Nasdaq: SYNA) reports Q2 EPS of $0.46, 4 cents better than the analyst estimate of $0.42. Revenues for the quarter were $96.9 million, versus the consensus of $92.78 million.
Sees Q3 revenue between $108-$114 million vs. $103.40 million consensus.
The Company also announced that its Board of Directors has approved a three-for-two split of Synaptics' common stock to be effected as a stock dividend. Each shareholder of record at the close of market on August 15, 2008 will receive one additional share for every two outstanding shares held on the record date, the payable date will be August 29, 2008, and trading will begin on a split-adjusted basis on September 2, 2008.
Related Categories
EarningsGuidance
Stock Splits
Stocks Mentioned
-0.76Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
