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BRIEF-Synaptics Reports Q2 GAAP Earnings Per Share Of $1.36

· 02/04/2021 16:06
BRIEF-Synaptics Reports Q2 GAAP Earnings Per Share Of $1.36

- Synaptics Inc SYNA.O:

  • SYNAPTICS REPORTS SECOND QUARTER FISCAL 2021 RESULTS

  • Q2 NON-GAAP EARNINGS PER SHARE $2.30

  • Q2 GAAP EARNINGS PER SHARE $1.36

  • Q2 REVENUE $357.6 MILLION VERSUS REFINITIV IBES ESTIMATE OF $357.4 MILLION

  • Q2 EARNINGS PER SHARE ESTIMATE $2.13 -- REFINITIV IBES DATA

  • FOR OUR THIRD FISCAL QUARTER, WE SEE CONTINUED STRENGTH IN OUR PC BUSINESS

  • EXPECT IOT BUSINESS IN Q3 TO OUTPERFORM TYPICAL SEASONALITY AIDED BY A ROBUST PIPELINE OF DESIGN WINS

  • SUPPLY-CHAIN CONSTRAINTS LIKELY LIMIT FURTHER UPSIDES IN NEAR-TERM

Source text for Eikon: ID:nGNX3Rcqm3

Further company coverage: SYNA.O


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