secwatch / observer
8-K filed August 3, 2023, 7:59 PM ET ticker SYNA CIK 0000817720
earnings confidence high sentiment negative materiality 0.70

Synaptics Q4 GAAP EPS -$0.59, non-GAAP $0.49 on $227M rev; Q1 guide flat

SYNAPTICS Inc

2023-FY EPS reported $1.83 revenue$1,355,100,000

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Craig Stein

Senior Vice President and General Manager, Mobile and IoT Division
SYNA · SYNAPTICS Inc
Effective
2023-09-23
Filed
August 3, 2023, 7:59 PM ET
On July 31, 2023, Craig Stein voluntarily resigned from his position as Senior Vice President and General Manager, Mobile and IoT Division, of the Company effective as of September 23, 2023.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.98

SYNAPTICS Inc reported fiscal fourth quarter and full fiscal year ended June 24, 2023 results: revenue $227.3 million, net income GAAP net loss of $23.4 million, or a loss of $0.59 per basic share; Non-GAAP net income of $19.5 million, or $0.49 per d, EPS GAAP loss per share of $0.59; Non-GAAP diluted earnings per share of $0.49.

Period
fiscal fourth quarter and full fiscal year ended June 24, 2023
Revenue
$227.3 million
Net income
GAAP net loss of $23.4 million, or a loss of $0.59 per basic share; Non-GAAP net income of $19.5 million, or $0.49 per d
EPS
GAAP loss per share of $0.59; Non-GAAP diluted earnings per share of $0.49
Result
reported results
Exact text from the filing
--- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 Synaptics Reports Fourth Quarter Fiscal 2023 Results Q4’23 Financial Results and Recent Business Highlights • Revenue of $227.3 million • GAAP gross margin of 44.5 percent • Non-GAAP gross margin of 55.7 percent • GAAP loss per share of $0.59 • Non-GAAP diluted earnings per share of $0.49 SAN JOSE, Calif., –
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Craig Stein resigned as Senior Vice President and General Manager, Mobile and IoT Division at SYNAPTICS Inc.

Action
resigned
Role
Senior Vice President and General Manager, Mobile and IoT Division
Exact text from the filing
On July 31, 2023, Craig Stein voluntarily resigned from his position as Senior Vice President and General Manager, Mobile and IoT Division, of the Company effective as of September 23, 2023.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

SYNAPTICS Inc amended Third Amendment with Wells Fargo Bank, National Association, as the administrative agent, and the revolving credit lenders party thereto (effective 2023-07-28).

Action
amendment
Agreement
credit facility
Counterparty
Wells Fargo Bank, National Association, as the administrative agent, and the revolving credit lenders party thereto
Effective
2023-07-28
Exact text from the filing
On July 28, 2023, Synaptics Incorporated (the “Company”) and Wells Fargo Bank, National Association, as the administrative agent (the “Administrative Agent”), and the revolving credit lenders party thereto entered into a Third Amendment (the “Third Amendment”) to the Company’s Second Amended and Restated Credit Agreement (as amended, the “Credit Agreement”), dated as of March 11, 2021, among the Company, as borrower, the lenders party thereto, and the Administrative Agent.
View on SEC.gov

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Source: SEC EDGAR
accession 0000950170-23-037965
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