secwatch.observer — SEC 8-K summary
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Issuer:     SYNAPTICS Inc (SYNA)
CIK:        0000817720
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0000950170-22-021881
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Synaptics Q1 FY2023: revenue $448.1M, non-GAAP EPS $3.52; guides Q2 rev $350-380M
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- Revenue $448.1M, up 20% YoY; IoT revenue up 67% YoY.
- Record GAAP gross margin 57.1%; record non-GAAP gross margin 62.6%.
- GAAP EPS $1.59; non-GAAP EPS $3.52; non-GAAP operating margin record 40.2%.
- Q2 FY2023 guidance: revenue $350M-$380M; non-GAAP gross margin 60% to 62%.
- CEO cites macroeconomic headwinds but confidence in wireless, auto, video interface growth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/817720/000095017022021881/0000950170-22-021881-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/817720/000095017022021881/syna-20221103.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-021881

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