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Mar 30, 2024
Synaptics Q3 2024 Earnings Report
Reported third quarter fiscal 2024 results
Key Takeaways
Synaptics reported Q3 2024 revenue of $237.3 million, a GAAP net loss of $18.1 million, or a loss of $0.46 per basic share, and a non-GAAP net income of $21.0 million, or $0.53 per diluted share.
Revenue of $237.3 million
GAAP gross margin of 46.5 percent
Non-GAAP gross margin of 52.9 percent
Non-GAAP diluted earnings per share of $0.53
Forward Guidance
For the fourth quarter of fiscal year 2024, the company expects revenue between $230M to $260M, GAAP gross margin between 44.5 percent to 46.5 percent and Non-GAAP gross margin between 52.5 percent to 54.5 percent and Operating Expense between $127M to $132M.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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