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Stock impact report

Synaptics Reports First Quarter Fiscal 2025 Results

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
Q1’25 Financial Results and Recent Business Highlights Revenue of $257.7 millionGAAP gross margin of 46.9 percentNon-GAAP gross margin of 53.9 percentGAAP loss per share of $0.58Non-GAAP diluted earnings per share of $0.81 SAN JOSE, Calif., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Synaptics Incorporated (Nasdaq: SYNA), today reported financial results for its first quarter of fiscal 2025 ended September 28, 2024. Net revenue for the first quarter of fiscal 2025 was $257.7 million. GAAP net loss for the first quarter of fiscal 2025 was $23.1 million, or a loss of $0.58 per basic share. Non-GAAP net income for the first quarter of fiscal 2025 was $32.5 million, or $0.81 per diluted share. “Fiscal year 2025 had a solid start with first quarter revenues increasing sequentially and year-over-year. The headwinds from inventory are significantly reduced, our new designs are beginning to ramp, and we are seeing opportunities for share gains. Our Core IoT products grew 5 Show less Read more
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