Welcome to our dedicated page for Synaptics news (Ticker: SYNA), a resource for investors and traders seeking the latest updates and insights on Synaptics stock.
Synaptics Incorporated (NASDAQ: SYNA) delivers cutting-edge semiconductor solutions powering intuitive human-device interactions across mobile, IoT, and computing ecosystems. This dedicated news hub provides investors and technology stakeholders with essential updates on the company’s innovations, financial performance, and market leadership.
Access real-time announcements including quarterly earnings, product launches, strategic partnerships, and technology breakthroughs. Our curated collection ensures you stay informed about SYNA’s advancements in touch interfaces, biometric security, and AI-enhanced connectivity solutions shaping next-generation devices.
Key updates cover R&D milestones, intellectual property developments, and executive insights while maintaining compliance with financial disclosure standards. Bookmark this page for streamlined access to Synaptics’ official communications and third-party analyses of their industry impact.
Synaptics Incorporated (Nasdaq: SYNA) reported a strong Q4 FY2022, with revenues of $476.4 million, highlighting an 87% year-over-year increase in IoT revenue. The company achieved record GAAP gross margin of 55.9% and record non-GAAP diluted earnings per share of $3.87. For FY2022, net revenue was $1.74 billion, up 30% from the previous year. Despite economic uncertainty, Synaptics plans to invest in its growth, particularly in the IoT sector, while anticipating a decline in its Mobile and PC products for Q1 FY2023.
Synaptics (Nasdaq: SYNA) announced its participation in key investor conferences. CEO Michael Hurlston will present at the KeyBanc Capital Markets’ Technology Leadership Forum on August 9, 2022, at 9:00 AM PT. A webcast of the presentation can be accessed here. Additionally, CFO Dean Butler will participate virtually in the Oppenheimer 25th Annual Technology, Internet & Communications Conference on the same date.
Synaptics is committed to enhancing human interaction with connected devices, focusing on innovative technologies in touch and AI-enhanced solutions.
Synaptics Incorporated (SYNA) will release its fourth-quarter financial results for fiscal 2022 on August 4, 2022. A conference call for analysts and investors will follow at 2:00 p.m. PT. Participants can join using the provided call-in number and conference ID. The event will also be accessible via a live and archived webcast on the company's Investor Relations website. This financial disclosure will likely include insights into the company's performance and outlook as it navigates its market position.
Synaptics (SYNA) co-founder Carver Mead has been awarded the prestigious 2022 Kyoto Prize in Advanced Technology. This accolade honors significant contributions to science and technology, alongside his fellow co-founder Federico Faggin, a previous laureate. Mead's work has greatly influenced VLSI design and computer-aided design technology, propelling advancements in the semiconductor industry. The Kyoto Prize is awarded by the Inamori Foundation, recognizing individuals who have improved humankind's scientific and cultural well-being. Synaptics continues to leverage these innovations for diverse applications, from IoT to automotive technologies.
Allegro DVT, a leader in video codec compliance test suites, announced that Synaptics (SYNA) has chosen its VVC test streams to ensure compliance with the new Versatile Video Coding (VVC) standard. This decision underscores Synaptics' commitment to maintaining product integrity in video applications following the VVC standard, which aims to enhance compression performance for various uses. Both companies emphasize the importance of robust testing to manage the complexities associated with new video codecs. This partnership is positioned to enhance user experiences across connected devices.
Synaptics (Nasdaq: SYNA) announced participation in the Nasdaq Investor Conference in London on June 14, 2022, at 9:30 AM BST. CFO Dean Butler will present at the event, highlighting the company's advancements in touch, display, and biometrics technologies that enhance user engagement with connected devices. Investors can view the conference webcast at https://edge.media-server.com/mmc/p/75ubdrx4. Synaptics continues to innovate in AI-enhanced video, vision, audio, and security, securing its position as a leader in creating productive digital experiences.
Synaptics (Nasdaq: SYNA) announced its participation in several upcoming investor conferences. CFO Dean Butler will speak at the J.P. Morgan 50th Annual Global Technology, Media and Communications Conference on May 23, 2022, at 11:30 AM PT, and at the Cowen 50th Annual Technology, Media & Telecom Conference on June 2, 2022, at 7:50 AM PT. Additionally, Butler will virtually participate in the 19th Annual Craig-Hallum Institutional Investor Conference on June 1, 2022. Webcasts and replays for these events will be available online.
Synaptics Incorporated (Nasdaq: SYNA) reported Q3'22 revenue of $470.1 million, with a remarkable 99% year-over-year growth in IoT revenue. The company achieved a record GAAP gross margin of 54.0% and non-GAAP gross margin of 61.1%. GAAP diluted EPS stood at $1.59, while non-GAAP diluted EPS reached a record $3.75. Looking ahead, Synaptics expects Q4 revenue between $460 million and $490 million and continues to face strong demand for IoT products despite supply chain constraints.
Synaptics (Nasdaq: SYNA) has unveiled its FlexSense family of sensor processors, designed for IoT devices. These processors can handle inputs from up to four sensors in a compact form, reducing size by 80% compared to existing solutions. Key benefits include lower power consumption, simplified design, and enhanced responsiveness for applications such as TWS earbuds, VR headsets, and smart thermostats. The FlexSense architecture supports advanced functionalities, improving interactions through multi-sensor combinations, thereby streamlining product development.
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