Synaptics Reports Results for Third Quarter Fiscal 2019
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Synaptics (SYNA) PT Lowered to $42 at Needham & Company
May 10, 2019 9:05 AM EDTNeedham & Company analyst Rajvindra Gill lowered the price target on Synaptics (NASDAQ: SYNA) to $42.00 (from $45.00) while maintaining a Buy rating following the company's 3Q. SYNA finished F3Q below guidance of $340-$380M, citing softness in smartphone mkt (China), and temp impact of product... More
Synaptics (SYNA) Tops Q3 EPS by 9c, Revenues Miss; Offers Q4 Revenue Guidance Below Consensus
May 9, 2019 4:27 PM EDTSynaptics (NASDAQ: SYNA) reported Q3 EPS of $0.83, $0.09 better than the analyst estimate of $0.74. Revenue for the quarter came in at $334 million versus the consensus estimate of $345.25 million.
While Synaptics continues to be impacted by the residual effects of unfavorable supply chain dynamics in the near term, we are confident in the strengths and... More
