Synaptics (SYNA) Tops Q4 EPS by 18c, Revenues Beat; Offers 1Q Revenue Guidance Above Consensus

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Go back to Synaptics (SYNA) Tops Q4 EPS by 18c, Revenues Beat; Offers 1Q Revenue Guidance Above Consensus

Synaptics Reports Fourth Quarter and Fiscal Year 2020 Results

August 5, 2020 4:05 PM EDT

Q420 Financial Results and Recent Business Highlights

Revenue of $277.6 millionGAAP Gross Margin of 43.9%; non-GAAP Gross Margin of 46.9%GAAP diluted EPS of $2.55; non-GAAP diluted EPS of $1.24Record EPS results for full-year FY2020 GAAP and non-GAAP diluted EPSCash and cash equivalents of $763.4 millionCompleted the divestiture of the Companys Mobile LCD TDDI businessIn July, acquired DisplayLink and the rights to Broadcoms wireless IoT connectivity business

SAN JOSE, Calif., Aug. 05, 2020 (GLOBE NEWSWIRE) -- Synaptics Incorporated (NASDAQ:... More