Synaptics: Q2 Earnings Insights

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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.

Earnings

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.

Past Earnings Performance

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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SYNASynaptics Inc
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