earnings
confidence high
sentiment positive
materiality 0.75
Synaptics Q2 FY2025 revenue $267.2M; GAAP EPS $0.05, non-GAAP EPS $0.92; signs IoT deal with Broadcom
SYNAPTICS Inc
2025-Q2 EPS
reported -$0.54
vs consensus $1.02
▼ miss
(-152.8%)
- Revenue $267.2M, third consecutive quarter of sequential and YoY growth; GAAP gross margin 45.7%, non-GAAP 53.6%.
- GAAP diluted EPS $0.05; non-GAAP diluted EPS $0.92; net income $1.8M GAAP, $36.6M non-GAAP.
- Signed strategic agreement with Broadcom to accelerate Edge AI strategy; Core IoT products grew 63% YoY.
- Repurchased ~1M shares for $74.5M; Q3 FY2025 revenue guidance $225M-$255M (down sequentially, up YoY).