secwatch.observer — SEC 8-K summary
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Issuer:     SYNAPTICS Inc (SYNA)
CIK:        0000817720
Form:       8-K
Filed at:   2023-02-02T23:59:59+00:00
Accession:  0000950170-23-001707
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Synaptics Q2 FY2023 revenue $353M, GAAP EPS $0.55, Non-GAAP EPS $2.20
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- Revenue of $353.1M; GAAP net income $22.0M ($0.55 diluted EPS); Non-GAAP net income $88.5M ($2.20 diluted EPS).
- GAAP gross margin 52.9%; Non-GAAP gross margin 59.8%.
- Q3 FY2023 guidance: revenue $310M-$340M; Non-GAAP gross margin 60%-62%.
- CFO notes customers destocking inventories; expects modest sequential revenue decline in March quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/817720/000095017023001707/0000950170-23-001707-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/817720/000095017023001707/syna-20230202.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-001707

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