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Synaptics Reports Second Quarter Fiscal 2026 Results
Globenewswire· 2026-02-05 21:05
Core IoT product sales increased 53% year-over-yearQ2'26 Financial Results Revenue of $302.5 million, up 13% year-over-yearFiscal second quarter Core IoT product sales grew by 53% year-over-yearGAAP gross margin of 43.5%Non-GAAP gross margin of 53.6%GAAP loss per share of $0.38Non-GAAP diluted earnings per share of $1.21 SAN JOSE, Calif., Feb. 05, 2026 (GLOBE NEWSWIRE) -- Synaptics Incorporated (Nasdaq: SYNA) today reported financial results for its second quarter of fiscal 2026 ended December 27, 2025. Ne ...
Synaptics to Participate at Upcoming Investor Conference Tuesday, January 13, 2026
Globenewswire· 2026-01-08 16:01
Core Viewpoint - Synaptics Incorporated is actively participating in the investment community by presenting at the 28th Annual Needham Growth Conference, showcasing its commitment to innovation and engagement with investors [1]. Company Overview - Synaptics (Nasdaq: SYNA) is focused on driving innovation in AI at the Edge, enhancing user interaction with intelligent connected devices across various environments [2]. - The company offers advanced solutions such as Synaptics Astra™ AI-Native embedded compute, Veros™ wireless connectivity, and multimodal sensing technologies, aiming to create smarter, faster, and more intuitive digital experiences [2]. - Synaptics is positioned as a key partner for product innovators, contributing to the next generation of technology that improves daily life, work, and leisure activities [2].
Synaptics Appoints Venkatesh (Venk) Nathamuni to Board of Directors
Globenewswire· 2026-01-05 13:55
SAN JOSE, Calif., Jan. 05, 2026 (GLOBE NEWSWIRE) -- Synaptics® Incorporated (Nasdaq: SYNA) (“Company”) today announced that on December 29, 2025, its Board of Directors (“Board”) appointed Venkatesh (Venk) Nathamuni to serve as a member of the Company’s Board and as a member of its Audit Committee, with service commencing on January 1, 2026. Mr. Nathamuni has more than 30 years of leadership experience with deep expertise in corporate finance, strategy, mergers and acquisitions, investor relations, and publ ...
Synaptics to Participate at Upcoming Investor Conferences on Tuesday, December 2, 2025 and Wednesday, December 10, 2025
Globenewswire· 2025-11-25 14:05
Core Insights - Synaptics Incorporated is actively participating in upcoming investor conferences, highlighting its commitment to engaging with investors and stakeholders [1][4]. Company Overview - Synaptics (Nasdaq: SYNA) is focused on driving innovation in AI at the Edge, enhancing user interaction with intelligent connected devices across various environments [2]. - The company offers advanced solutions such as Synaptics Astra™ AI-Native embedded compute, Veros™ wireless connectivity, and multimodal sensing, aiming to create smarter, faster, and more intuitive digital experiences [2]. Upcoming Events - Rahul Patel, President and CEO, will participate in UBS' Global Technology and AI Conference on December 2, 2025 [4]. - Both Rahul Patel and Ken Rizvi, CFO, will present at Barclays' 23rd Annual Global Technology Conference on December 10, 2025, at 9:50 AM PT [4].
Synaptics to Participate at Upcoming Investor Conference Wednesday, November 19, 2025
Globenewswire· 2025-11-14 13:04
Core Insights - Synaptics Incorporated is participating in the Wells Fargo 9th Annual TMT Summit on November 19, 2025, where CFO Ken Rizvi will present [1] Company Overview - Synaptics (Nasdaq: SYNA) is focused on driving innovation in AI at the Edge, enhancing user engagement with intelligent connected devices across various environments [1] - The company offers advanced solutions including Synaptics Astra™ AI-Native embedded compute, Veros™ wireless connectivity, and multimodal sensing technologies [1] - Synaptics aims to create smarter, faster, and more intuitive digital experiences, impacting areas such as touch, display, biometrics, AI-driven wireless connectivity, video, vision, audio, speech, and security processing [1]
Synaptics to Report First Quarter Fiscal 2026 Results on November 6, 2025
Globenewswire· 2025-10-16 15:01
Core Insights - Synaptics Incorporated will report its financial results for the first quarter of fiscal 2026 on November 6, 2025, after market close [1] - A conference call for analysts and investors will be held at 2:00 p.m. PT (5:00 p.m. ET) to discuss the results [1] Company Overview - Synaptics is focused on driving innovation in AI at the Edge, enhancing user engagement with intelligent connected devices across various environments [3] - The company offers advanced solutions including Synaptics Astra™ AI-Native embedded compute, Veros™ wireless connectivity, and multimodal sensing technologies [3] - Synaptics aims to create smarter, faster, and more intuitive digital experiences, covering areas such as touch, display, biometrics, and AI-driven connectivity [3]
Synaptics Reports Fourth Quarter and Full Year Fiscal 2025 Results
Globenewswire· 2025-08-07 20:05
Core Insights - Synaptics reported a 12% year-over-year revenue growth for fiscal 2025, primarily driven by a 53% increase in Core IoT product sales [3][5][4] - The Board of Directors approved a new share repurchase program of up to $150 million [11][6] Fiscal 2025 Financial Highlights - Net revenue for fiscal 2025 was $1.07 billion, with a GAAP gross margin of 44.7%, down from 45.8% in the prior year [4] - Non-GAAP gross margin improved to 53.6% from 53.0% year-over-year [4] - GAAP net loss for fiscal 2025 was $47.8 million, or a loss of $1.22 per basic share, while non-GAAP net income increased by 61% to $143.9 million, or $3.62 per diluted share [4][7] Q4 Fiscal 2025 Results - Q4 net revenue was $282.8 million, with a GAAP net loss of $4.7 million, or a loss of $0.12 per basic share [3][7] - Non-GAAP net income for Q4 was $39.5 million, or $1.01 per diluted share [3][7] Business Outlook - For Q1 fiscal 2026, the company anticipates approximately 13% year-over-year revenue growth, with continued strong order activity and improved backlog [6][7] - The company repurchased $128 million worth of shares and reduced gross debt by approximately 14% or $134 million [7][6] Share Repurchase Program - The new share repurchase program has no expiration date and will be reviewed periodically based on capital allocation priorities and market conditions [11][12]
Synaptics To Participate at Upcoming Investor Conference Monday, August 11, 2025
GlobeNewswire News Room· 2025-08-07 00:33
Company Overview - Synaptics Incorporated (Nasdaq: SYNA) is focused on driving innovation in AI at the Edge, enhancing user engagement with intelligent connected devices across various environments [1] - The company offers advanced solutions including Synaptics Astra™ AI-Native embedded compute, Veros™ wireless connectivity, and multimodal sensing technologies [1] Upcoming Events - Synaptics will participate in the KeyBanc Capital Markets' Technology Leadership Forum on August 11, 2025, at 10:00 AM PT, with presentations by CEO Rahul Patel and CFO Ken Rizvi [1] Product and Technology Focus - Synaptics is committed to making digital experiences smarter, faster, more intuitive, secure, and seamless through its diverse technology offerings, which include touch, display, biometrics, AI-driven wireless connectivity, video, vision, audio, speech, and security processing [1]
Synaptics to Report Fourth Quarter and Full Year Fiscal 2025 Results on August 7, 2025
Globenewswire· 2025-07-16 20:08
Core Viewpoint - Synaptics Incorporated will report its financial results for Q4 and the full year of fiscal 2025 on August 7, 2025, after market close, followed by a conference call for analysts and investors [1] Group 1: Financial Reporting - The financial results announcement is scheduled for August 7, 2025, after market close [1] - A conference call for analysts and investors will take place at 2:00 p.m. PT (5:00 p.m. ET) to discuss the results [1] - Participants must pre-register to receive dial-in information and a unique passcode for the call [2] Group 2: Company Overview - Synaptics is focused on driving innovation in AI at the Edge, enhancing user engagement with intelligent connected devices [3] - The company offers advanced solutions such as Synaptics Astra™ AI-Native embedded compute, Veros™ wireless connectivity, and multimodal sensing [3] - Synaptics aims to create smarter, faster, and more intuitive digital experiences across various technologies including touch, display, biometrics, and AI-driven connectivity [3]
Synaptics Names Rahul Patel as President and Chief Executive Officer
Globenewswire· 2025-05-21 20:05
Core Viewpoint - Synaptics Incorporated has appointed Rahul Patel as the new President and CEO, succeeding Ken Rizvi, who served as Interim CEO since February 2025, with Patel expected to drive innovation and growth in Processing, Connectivity, and Sensing solutions [1][5]. Group 1: Leadership and Experience - Rahul Patel brings over 30 years of leadership experience in the semiconductor industry, with a strong focus on high-performance Edge-AI wireless connectivity solutions across various devices [2]. - Prior to joining Synaptics, Patel spent a decade at Qualcomm, overseeing a multi-billion-dollar portfolio in wireless networking and connectivity [3]. - Patel also held senior leadership roles at Broadcom for 13 years, significantly contributing to the expansion of Broadcom's Wi-Fi, Bluetooth, and GPS market leadership [4]. Group 2: Strategic Vision and Goals - The Board of Directors expressed confidence in Patel's ability to accelerate growth and innovation, emphasizing his expertise in wireless connectivity and successful product launches [5]. - Patel highlighted Synaptics' culture of innovation and exceptional engineering talent as key factors that will enable the company to excel in delivering next-generation technology [5]. Group 3: Company Overview - Synaptics is focused on driving innovation in AI at the Edge, enhancing user engagement with intelligent connected devices across various environments [6]. - The company offers cutting-edge solutions, including Synaptics Astra™ AI-Native embedded compute and Veros™ wireless connectivity, aimed at making digital experiences smarter and more intuitive [6].