Synaptics Reports Results for Fourth Quarter and Fiscal 2018

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Synaptics (SYNA) PT Raised to $58 at Needham & Company

August 10, 2018 7:33 AM EDT

Needham & Company raised its price target on Synaptics (NASDAQ: SYNA) to $58.00 (from $52.00) while maintaining a Buy rating.

Analyst Rajvindra Gill commented, "We maintain our Buy on SYNA and raise our PT to $58 (vs. $52) on a higher gross margin profile in... More

Synaptics (SYNA) Tops Q4 EPS by 9c, Revenues Miss

August 9, 2018 4:16 PM EDT

Synaptics (NASDAQ: SYNA) reported Q4 EPS of $1.00, $0.09 better than the analyst estimate of $0.91. Revenue for the quarter came in at $388.5 million versus the consensus estimate of $391.75 million.

Fiscal 2018 revenue of $1.63 billion, GAAP net income (loss) per diluted share of $(3.63) and non-GAAP net... More