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]

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]

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]

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].

Core Insights - Synaptics Incorporated is actively participating in investor conferences during the fiscal fourth quarter of 2025, highlighting its engagement with the investment community [1][2] Company Overview - Synaptics is a leader in AI at the Edge, focusing on enhancing user interaction with intelligent connected devices across various environments [1] - The company offers advanced solutions such as Synaptics Astra™ AI-Native embedded compute, Veros™ wireless connectivity, and multimodal sensing technologies [1] - Synaptics aims to improve digital experiences by making them smarter, faster, more intuitive, secure, and seamless, covering areas like touch, display, biometrics, and AI-driven connectivity [1] Upcoming Events - Ken Rizvi, Interim CEO and CFO, will present at the J.P. Morgan 53rd Annual Global Technology, Media and Communications Conference on May 13, 2024 [2] - Ken Rizvi will also participate in TD Cowen's 53rd Annual Technology, Media & Telecom Conference on May 28, 2025 [2] - Additionally, Ken Rizvi is scheduled to take part in the Mizuho Technology Conference 2025 on June 10, 2025 [2]