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Stock impact report

Synaptics Reports Results for Third Quarter Fiscal 2019

Synaptics Incorporated (SYNA) 
Last synaptics incorporated earnings: 2/6 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.synaptics.com/node/5806
Company Research Source: GlobeNewswire
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 net income for the third quarter of fiscal 2019 decreased $3.4 million from the prior year period to $29 million, or $0.83 per diluted share. (See below under the heading “Use of Non-GAAP Financial Information” and the attached table for a description and a reconciliation of GAAP to non-GAAP financial measures.) “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 untapped potential of our Show less Read more
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