secwatch.observer — SEC 8-K summary
======================================

Issuer:     SYNAPTICS Inc (SYNA)
CIK:        0000817720
Form:       8-K
Filed at:   2022-05-05T23:59:59+00:00
Accession:  0000950170-22-007830
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Synaptics reports Q3 FY2022 record non-GAAP EPS $3.75; IoT revenue up 99% YoY
-----------------------------------------------------------------------------

- Revenue $470.1M; GAAP EPS $1.59; record non-GAAP EPS $3.75, above guidance high-end.
- IoT product revenue grew 99% YoY, now 64% of total; design-win momentum solid.
- Record GAAP gross margin 54.0%; record non-GAAP gross margin 61.1%; record non-GAAP op margin 38.6%.
- Q4 FY2022 guidance: revenue $460-490M; non-GAAP gross margin 60.5-61.5%; backlog strong.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/817720/000095017022007830/0000950170-22-007830-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/817720/000095017022007830/syna-20220505.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-007830

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