Synaptics: Q2 Earnings Insights

Synaptics SYNA reported its Q2 earnings results on Thursday, February 8, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Synaptics beat estimated earnings by 29.55%, reporting an EPS of $0.57 versus an estimate of $0.44.

Revenue was down $116.10 million from the same period last year.

Last quarter the company beat on EPS by $0.12 which was followed by a 10.75% increase in the share price the next day.

Here's a look at Synaptics's past performance:

Quarter	Q1 2024	Q4 2023	Q3 2023	Q2 2023
EPS Estimate	0.40	0.43	1.86	2.34
EPS Actual	0.52	0.49	1.89	2.20
Revenue Estimate	232.70M	223.23M	325.47M	365.38M
Revenue Actual	237.70M	227.30M	326.60M	353.10M

To track all earnings releases for Synaptics visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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