Exhibit 99.1 Q3'25 Financial Results SAN JOSE, Calif., – May 8, 2025 – Synaptics Incorporated (Nasdaq: SYNA) today reported financial results for its third quarter of fiscal 2025 ended March 29, 2025. Net revenue for the third quarter of fiscal 2025 was $266.6 million. GAAP net loss for the third quarter of fiscal 2025 was $21.8 million, or a loss of $0.56 per basic share. Non-GAAP net income for the third quarter of fiscal 2025 was $35.3 million, or $0.90 per diluted share. "We delivered another solid quar ...

Core Financial Results - Synaptics reported net revenue of $266.6 million for Q3 fiscal 2025, representing a year-over-year increase of over 12% [2][3] - The GAAP net loss for the quarter was $21.8 million, equating to a loss of $0.56 per basic share, while the non-GAAP net income was $35.3 million, or $0.90 per diluted share [2][6] Business Performance - The growth was primarily driven by Core IoT products, which saw a 43% year-over-year increase and accounted for 25% of total sales [3] - The company launched several new products during the quarter, including Wi-Fi 7 solutions and next-generation Touch controllers, enhancing its portfolio for long-term growth [3] Future Outlook - The company anticipates improving demand trends for Q4 fiscal 2025, with expectations of both sequential and year-over-year revenue growth [4] - Synaptics generated over $74 million in cash flow from operations in Q3, indicating strong underlying business strength [4] Financial Guidance for Q4 - For Q4 fiscal 2025, Synaptics expects revenue in the range of $280 million ± $15 million, with a GAAP gross margin of approximately 42.5% ± 2.0% and a non-GAAP gross margin of 53.5% ± 1.0% [5][6] - Projected non-GAAP earnings per share is expected to be around $1.00 ± $0.20, while GAAP loss per share is projected at ($0.68) ± $0.30 [5][6] Share Repurchase and Cash Flow - The company repurchased approximately 546,000 shares for $37.9 million during the quarter [6] - The balance sheet remains strong, with cash and cash equivalents totaling $360.4 million at the end of March 2025 [26]

Core Insights - Synaptics and Murata Manufacturing are collaborating to create a next-generation turnkey wireless connectivity module specifically for automotive Tier 1 suppliers and OEMs [1] - The partnership will leverage Synaptics' Veros™ Wi-Fi and Bluetooth combo systems on chips (SoCs), which are designed for high performance, low cost, and low power consumption in automotive applications [1][2] Company Overview - Synaptics is focused on innovation in AI at the Edge, enhancing user engagement with intelligent connected devices across various environments [4] - The company offers a range of solutions including Synaptics Astra™ AI-Native embedded compute, Veros™ wireless connectivity, and multimodal sensing solutions [4] - Murata Manufacturing is a leader in the design and manufacture of ceramic-based passive electronic components and communication modules, committed to advanced electronic materials and high-density modules [5] Product Development - Synaptics' Veros portfolio includes products like SYN4383 (Wi-Fi 6E) and SYN4384 (Wi-Fi 7), which are compatible and offer software upgradability [2] - The SYN4390 product provides high-throughput Wi-Fi 7 capabilities for automotive applications, indicating a solid wireless roadmap for future innovations [2] - The collaboration aims to combine Synaptics' SoCs with Murata's expertise in compact and reliable module design, enhancing the performance and integration of wireless modules for the automotive market [3]

Core Insights - Synaptics has launched its first family of Wi-Fi 7 systems-on-chips (SoCs) for IoT, including the SYN4390 and SYN4384, which support bandwidths up to 320 MHz and deliver peak speeds of 5.8 Gbps with low latency [1][3][4] - The new SoCs integrate Wi-Fi 7 with Bluetooth 6.0 and Zigbee/Thread, designed to minimize system costs and power consumption while enhancing user experiences across various applications [1][2][4] - ABI Research forecasts that annual shipments of Wi-Fi 7 chipsets will exceed 2 billion by 2029, with a compound annual growth rate (CAGR) of 56% from 2024 to 2029 [3] Product Features - The Wi-Fi 7 IoT family supports Matter and features a triple combo design, enabling interoperability across Wi-Fi, Bluetooth, and Zigbee/Thread networks [5] - The SYN4390 is currently available for sale, while the SYN4384 is available in limited quantities for evaluation [5] - Key specifications include peak speeds of up to 5.8 Gbps, 320 MHz channel bandwidth, integrated RF front-end, and power management IC to reduce system costs and power consumption [6] Market Opportunity - The growing adoption of Wi-Fi 7 in wireless networking infrastructure presents significant opportunities for diverse Wi-Fi 7-enabled IoT devices [3][4] - Synaptics aims to provide a versatile solution for high-performance, low-power IoT devices, facilitating the development of next-generation connected and AI-enriched IoT products [3][4] - The expansion of Wi-Fi 7 across multiple IoT segments is expected to reach billions of annual device shipments in the coming years [4]

SAN JOSE, Calif., April 15, 2025 (GLOBE NEWSWIRE) -- Synaptics® Incorporated (Nasdaq: SYNA) today announced that it will report financial results for the third quarter of fiscal 2025 on Thursday, May 8, 2025, after the market closes. The Company will host a corresponding conference call for analysts and investors at 2:00 p.m. PT (5:00 p.m. ET), to discuss the results. To participate on the live call, analysts and investors should pre-register at Synaptics Q3 FY2025 Earnings Call Registration.https://registe ...

SAN JOSE, Calif., April 14, 2025 (GLOBE NEWSWIRE) -- Synaptics® Incorporated (NASDAQ:SYNA) today announced its S3930 series breakthrough touch controllers purpose-built to meet the unique technical challenges and high-performance demands of foldable OLED mobile device displays. The S3930's innovative approach delivers exceptional responsiveness, accuracy, and energy efficiency for the thin, larger panels used in a new generation of foldable devices, a market growing at 42% (CAGR).1 "Foldable OLED large pane ...

Core Insights - Synaptics has launched the S3930 series touch controllers designed for foldable OLED mobile device displays, addressing the unique technical challenges of this rapidly growing market, which is expanding at a 42% CAGR [1][2]. Technology Innovations - The S3930 series incorporates innovations to mitigate challenges such as high background capacitance and extreme display noise, enhancing touch responsiveness and accuracy [2][3]. - Key technology includes multi-frequency-region parallel sensing (MFRPS), which reduces the sensing bursts needed for large touch sensors, making the sensing process more efficient and cost-effective [3]. Processor and Performance - The S3930 features an upgraded processor, the E7 MCU core from Si-Five, and Synaptics' Hydra vector co-processor, enabling effective handling of complex algorithms for noise removal and mistouch mitigation [4]. - The Hydra vector co-processor is specifically designed to accelerate machine learning algorithms that require extensive matrix arithmetic [4]. Design and Optimization - The design of the S3930 supports larger OLED panels, including LTPO and polarizer-less options, while allowing for ultra-narrow bezels, contributing to thinner and lighter devices [5]. - The S3930 has a compact footprint of 5.1 × 6.8 mm, providing more space for additional features like larger batteries in device designs [5]. Availability and Market Impact - The S3930 series is currently in the sampling phase, with mass production expected to begin in July 2025, and multiple OEMs and LCMs are evaluating it for next-generation devices [6].

Core Insights - Synaptics has launched the SYN461x family of ultra-low-power SoCs, targeting a market opportunity of approximately $3.2 billion, optimized for embedded Edge AI IoT applications [1][3] - The SYN461x family enhances the Veros™ Triple Combo connectivity portfolio, featuring Wi-Fi, Bluetooth, and Zigbee capabilities, designed for various consumer and industrial applications [1][4] Product Features - The SYN461x supports tri-band Wi-Fi across 2.4, 5, and 6 GHz, low-power Bluetooth/BLE with advanced features, and IEEE 802.15.4 (Thread/Zigbee) for seamless interoperability [5] - It delivers reliable connectivity of up to 50 Mbps while extending battery life and maximizing range, with a low-density packaging option that reduces board costs by 25% [4][5] Market Positioning - The introduction of the SYN461x is seen as a strategic move to capture a significant share of the growing low-power IoT market, leveraging Synaptics' expertise in wireless connectivity and AI [3][4] - The product is positioned to meet the diverse connectivity needs of various low-power IoT applications, emphasizing the importance of domain expertise in this sector [4]

Core Insights - Synaptics has launched the SR-Series high-performance adaptive microcontroller units (MCUs) as an extension of its Astra AI-Native platform, aimed at scalable context-aware Edge AI applications [1][3] - The SR-Series includes three tiers of operation: performance (100 GOPS), efficiency, and ultra-low-power (ULP) always-on (AON), designed to deliver intelligence across various power levels [1][3] - The MCUs are optimized for multimodal Internet of Things (IoT) workloads, featuring a rich set of peripherals and supporting integration into devices like security cameras, sensors, and digital signage [1][4] Technical Highlights - The SR-Series consists of three MCUs: SR110, SR105, and SR102, all utilizing a Cortex-M55 core with Arm Helium technology running up to 400 MHz [4] - The SR110 includes a Cortex-M4 core and Arm Ethos-U55 NPU, while the SR105 and SR102 have varying configurations of the Ethos-U55 NPU and Cortex-M55 core [4][6] - The Machina Micro kit provides an "out-of-the-box" AI development experience, catering to both beginners and experts [4] Market Implications - The introduction of ultra-low-power AI processing at the edge is expected to revolutionize applications in retail and smart home sectors, addressing increasing performance demands [3] - The SR-Series aims to enhance situational awareness in intelligent edge devices through scalable multimodal processing solutions [3]

Core Insights - Synaptics has launched the SR-Series high-performance adaptive microcontroller units (MCUs) as an extension of its Astra AI-Native platform, aimed at enhancing the development of low-power, cognitive IoT devices [1][3] - The SR-Series features three operational tiers: performance (100 GOPS), efficiency, and ultra-low-power (AON), designed to deliver intelligence across various power levels [1][3] - The MCUs are based on an Arm Cortex-M55 core and Arm Ethos-U55 neural processing unit, optimized for multimodal IoT workloads, and include a rich set of peripherals to minimize system costs and power [1][4] Product Features - The SR-Series includes three models: SR110, SR105, and SR102, each tailored for different multimodal application requirements, all utilizing a Cortex-M55 core with Arm Helium technology [4] - The SR110 features a Cortex-M4 core and is currently sampling, while the SR105 and SR102 focus on the Ethos-U55 NPU and Cortex-M55 core respectively [4] - Key features include up to 4 MB of system memory, streaming vision and audio processing capabilities, and low-power image signal processing [5] Market Impact - The introduction of the SR-Series is expected to revolutionize applications in retail and smart home sectors by enabling ultra-low-power AI processing at the edge [3] - The platform aims to redefine human-machine interaction through multimodal processing and contextual awareness, addressing the growing performance demands in intelligent edge devices [3][6] - Synaptics positions itself as a leader in AI at the Edge, enhancing user engagement with intelligent connected devices across various environments [6]