Synaptics (SYNA) Tops Q3 EPS by 9c, Revenues Miss; Offers Q4 Revenue Guidance Below Consensus

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Synaptics Reports Results for Third Quarter Fiscal 2019

May 9, 2019 4:15 PM EDT

SAN JOSE, Calif., May 09, 2019 (GLOBE NEWSWIRE) -- Synaptics Incorporated (NASDAQ: SYNA), the leading developer of human interface solutions, today reported financial results for its third fiscal quarter ended March 30, 2019.

Net revenue for the third quarter of fiscal 2019 was down 15.2 percent from the comparable quarter last year and down 21.5 percent sequentially to $334.0 million. GAAP net income for the third quarter of fiscal 2019 was $6.7 million, or $0.19 per diluted share. Non-GAAP... More