Synaptics Reports Results for Third Quarter Fiscal 2020

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Synaptics (SYNA) Tops Q3 EPS by 8c, Revenues Miss; 4Q Revenue Guidance Below Consensus

May 7, 2020 4:11 PM EDT

Synaptics (NASDAQ: SYNA) reported Q3 EPS of $1.49, $0.08 better than the analyst estimate of $1.41. Revenue for the quarter came in at $328.1 million versus the consensus estimate of $332.44 million.

Business Highlights

GAAP net income and EPS were $5.0 million and $0.14, respectivelyNon-GAAP net income of $52.3 millionNon-GAAP EPS of $1.49Completed the divestiture of... More