secwatch.observer — SEC 8-K summary
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Issuer:     SYNAPTICS Inc (SYNA)
CIK:        0000817720
Form:       8-K
Filed at:   2025-02-06T23:59:59+00:00
Accession:  0000817720-25-000009
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Synaptics Q2 FY2025 revenue $267.2M; GAAP EPS $0.05, non-GAAP EPS $0.92; signs IoT deal with Broadcom
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- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/817720/000081772025000009/0000817720-25-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/817720/000081772025000009/syna-20250206.htm
  HTML page:      https://secwatch.observer/filing/0000817720-25-000009

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer