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Synaptics (NASDAQ:SYNA) reported its Q2 earnings results on Thursday, February 8, 2024 at 04:05 PM.
Here's what investors need to know about the announcement.
Synaptics beat estimated earnings by 29.55%, reporting an EPS of $0.57 versus an estimate of $0.44.
Revenue was down $116.10 million from the same period last year.
Last quarter the company beat on EPS by $0.12 which was followed by a 10.75% increase in the share price the next day.
Here's a look at Synaptics's past performance:
| Quarter | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.40 | 0.43 | 1.86 | 2.34 |
| EPS Actual | 0.52 | 0.49 | 1.89 | 2.20 |
| Revenue Estimate | 232.70M | 223.23M | 325.47M | 365.38M |
| Revenue Actual | 237.70M | 227.30M | 326.60M | 353.10M |
To track all earnings releases for Synaptics visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Posted In: SYNA
