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Synaptics Inc - $SYNA STOCK NEWS

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.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Synaptics's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Synaptics's position in the market.

Rhea-AI Summary
Synaptics® Incorporated (Nasdaq: SYNA) to Present at Wells Fargo 7th Annual TMT Summit on November 29, 2023
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End-of-Day
0.36%
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conferences
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SYNA: Synaptics Reports Q1’24 Revenue of $237.7M with GAAP Loss of $1.43 per Share. Expects Stable Q2 Revenue. Positive Cash Flow Continues.
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End-of-Day
10.75%
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Rhea-AI Summary
SYNA: Synaptics Introduces SYN43711 Wi-Fi 6E and Bluetooth 5.3 SoC for IoT Applications
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End-of-Day
-0.82%
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none
Rhea-AI Summary
Synaptics announces the availability of the DVF120 power-efficient and cost-optimized system on chip (SoC) that integrates major features required for advanced UCC terminals. The SoC includes AI-based audio/voice processing, a field-hardened Linux and Android SDK, enterprise-grade security, and native support for collaboration platforms like Microsoft Teams, Zoom, and Cisco WebEx. The DVF120 also enables background noise reduction and acoustic echo cancellation, supports Synaptics' AI framework for unique applications, and natively supports the world's leading collaboration platforms. The global unified communications market is valued at $49 billion in 2022 and is expected to reach $59 billion by 2027, with AI-enabled use cases bringing in $830 million in revenue by 2027. The DVF120 SoC is currently sampling and targeting mass production in Q1 2024.
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End-of-Day
2.07%
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AI
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Rhea-AI Summary
Synaptics to report Q1 FY2024 financial results on November 9, 2023
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-0.61%
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conferences earnings
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Rhea-AI Summary
Synaptics reiterates its guidance for Q1 fiscal 2024, expecting revenue of $215M to $245M and a projected non-GAAP gross margin of 43.5% to 47.5%.
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End-of-Day
-4.09%
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Rhea-AI Summary
Synaptics Incorporated will host a Financial Analyst & Investor Day on September 7, 2023 in New York City. The event will discuss the company's long-term strategy, product portfolio, and growth opportunities in the IoT markets. Registration is required for the live event, and presentation materials will be available on the company's website.
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End-of-Day
-1.88%
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conferences
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Rhea-AI Summary
Synaptics Incorporated (Nasdaq: SYNA) will be participating in investor conferences. CEO Michael Hurlston will present at the KeyBanc Capital Markets’ Technology Leadership Forum on August 7, 2023. CFO Dean Butler will participate in the Oppenheimer 26th Annual Technology, Internet & Communications Conference on August 8, 2023.
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End-of-Day
1.05%
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conferences
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Rhea-AI Summary
Synaptics Incorporated (Nasdaq: SYNA) reported Q4'23 financial results with revenue of $227.3 million, GAAP gross margin of 44.5%, and non-GAAP gross margin of 55.7%. GAAP loss per share was $0.59, while non-GAAP diluted earnings per share were $0.49. For the full year fiscal 2023, net revenue was $1.36 billion. The company expects relatively flat revenue for Q1'24.
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Rhea-AI Sentiment
End-of-Day
1.05%
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Rhea-AI Summary
Synaptics Incorporated has expanded its wireless license agreement with Broadcom, adding new products and technologies. The agreement extends Synaptics' exclusive rights in certain markets until 2026. The deal includes Broadcom's Wi-Fi 7, Bluetooth 6.0, and Bluetooth Enterprise True Wireless Stereo (TWS) IP, allowing Synaptics to meet the increasing demand for IoT connectivity. The company plans to release its first Wi-Fi 7 devices for customer sampling in 2024.
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Rhea-AI Sentiment
End-of-Day
2.76%
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Synaptics Inc

Nasdaq:SYNA

SYNA Rankings

SYNA Stock Data

3.52B
38.68M
1.47%
94.86%
5.83%
Custom Computer Programming Services
Professional, Scientific, and Technical Services
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United States of America
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About SYNA

synaptics is the pioneer and leader of the human interface revolution, bringing innovative and intuitive user experiences to intelligent devices. synaptics’ broad portfolio of touch, display, and biometrics products is built on the company’s rich r&d, extensive ip and dependable supply chain capabilities. with solutions designed for mobile, pc and automotive industries, synaptics combines ease of use, functionality and aesthetics to enable products that help make our digital lives more productive, secure and enjoyable. (nasdaq: syna)