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SYNA / Synaptics calls for lower revenue on ‘economic slowdown'

Synaptics calls for lower revenue on ‘economic slowdown'
Shares of Synaptics Inc. SYNA dropped more than 12% in the extended session Wednesday after the maker of human- interface hardware and software such as touchpads reported fiscal third-quarter adjusted earnings and revenue above Wall Street expectations, but called for a weaker current quarter due to “the currrent economic slowdown.” Synaptics earned $10.4 million, or 26 cents a share, compared with $65 million, or $1.59 a share, in the year-ago quarter. Read More
Posted: May 3 2023, 16:24
Author Name: Market Watch
Views: 103184

SYNA News  

Will Synaptics (SYNA) Beat Estimates Again in Its Next Earnings Report?

By Zacks Investment Research
November 1, 2023

Will Synaptics (SYNA) Beat Estimates Again in Its Next Earnings Report?

Synaptics (SYNA) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely bea more_horizontal

Synaptics to Report First Quarter Fiscal 2024 Results on November 9, 2023

By GlobeNewsWire
October 16, 2023

Synaptics to Report First Quarter Fiscal 2024 Results on November 9, 2023

SAN JOSE, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Synaptics® Incorporated (Nasdaq: SYNA ) today announced that it will report financial results for the fir more_horizontal

Why Synaptics (SYNA) Might be Well Poised for a Surge

By Zacks Investment Research
October 9, 2023

Why Synaptics (SYNA) Might be Well Poised for a Surge

Synaptics (SYNA) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions. more_horizontal

Synaptics: The Long-Awaited Turnaround

By Seeking Alpha
August 19, 2023

Synaptics: The Long-Awaited Turnaround

Synaptics Incorporated's profitability has rebounded, with gross margins increasing from 29.5% to 59.8% and net margins improving from -7.6% to 14.8%. more_horizontal

Synaptics to Participate at Upcoming Investor Conferences Monday, August 7, 2023 and Tuesday, August 8, 2023

By GlobeNewsWire
August 4, 2023

Synaptics to Participate at Upcoming Investor Conferences Monday, August 7, 2023 and Tuesday, August 8, 2023

SAN JOSE, Calif., Aug. 04, 2023 (GLOBE NEWSWIRE) -- Synaptics® Incorporated (Nasdaq: SYNA ) today announced its participation in upcoming investor co more_horizontal

Synaptics (SYNA) Tops Q4 Earnings and Revenue Estimates

By Zacks Investment Research
August 3, 2023

Synaptics (SYNA) Tops Q4 Earnings and Revenue Estimates

Synaptics (SYNA) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.43 per share. This compares to earnin more_horizontal

Synaptics Incorporated: Battling Inventory Issues But Efficiently

By Seeking Alpha
July 16, 2023

Synaptics Incorporated: Battling Inventory Issues But Efficiently

Synaptics Incorporated has generated around 72% of its total revenues from the IoT market in 2023, with the IoT market expected to generate a 26.1% CA more_horizontal

Synaptics to Report Fourth Quarter and Full Year Fiscal 2023 Results on August 3, 2023

By GlobeNewsWire
July 13, 2023

Synaptics to Report Fourth Quarter and Full Year Fiscal 2023 Results on August 3, 2023

SAN JOSE, Calif., July 13, 2023 (GLOBE NEWSWIRE) -- Synaptics® Incorporated (Nasdaq: SYNA ) today announced that it will report financial results for more_horizontal


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