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 reported third-quarter fiscal 2024 results with a revenue of $237.3 million, GAAP gross margin of 46.5%, and non-GAAP gross margin of 52.9%. The company experienced a GAAP loss per share of $0.46 and non-GAAP diluted earnings per share of $0.53. Synaptics' Core IoT product area achieved significant milestones, with a successful launch of the Astra™ platform targeting a $20 billion plus market opportunity for embedded edge AI processors. The Core IoT revenue increased by 26% sequentially due to growth in the wireless product family. The company expects a modest increase in revenue for the fourth quarter of fiscal year 2024.
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