{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-062067","form_type":"8-K","ticker":"SYNA","cik":"0000817720","company_name":"SYNAPTICS Inc","filed_at":"2023-11-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.083061+00:00","generated_at":"2026-06-08T08:14:05.228647+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Synaptics Q1 FY2024 revenue $237.7M, GAAP loss $1.43/share, Non-GAAP EPS $0.52","bullets":["Revenue of $237.7M, first sequential increase in over a year; GAAP net loss $55.6M ($1.43 per share).","Non-GAAP net income $20.3M ($0.52 per diluted share); Non-GAAP gross margin 53.0%.","Q2 FY2024 revenue guidance $220M–$250M (roughly flat QoQ); Non-GAAP gross margin 51%–54%.","CEO Michael Hurlston cites business stabilization, expects recovery in calendar 2024 as excess customer inventories work down.","Company highlighted long-term growth drivers in Wireless and Processor products at September Investor Day."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-062067","json":"https://secwatch.observer/filing/0000950170-23-062067.json","markdown":"https://secwatch.observer/filing/0000950170-23-062067.md","text":"https://secwatch.observer/filing/0000950170-23-062067.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/817720/000095017023062067/0000950170-23-062067-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/817720/000095017023062067/syna-20231109.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T08:14:05.228647+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"c70054599bc3fde0962c40472b45ed5a06aa186c","claim":"SYNAPTICS Inc reported first quarter of fiscal 2024 ended September 30, 2023 results: revenue $237.7 million, net income GAAP net loss for the first quarter of fiscal 2024 was $55.6 million, or a loss of $1.43 per basic share, EPS Non-GAAP diluted earnings per share of $0.52.","evidence_excerpt":"--- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 Synaptics Reports First Quarter Fiscal 2024 Results Q1’24 Financial Results and Recent Business Highlights • Revenue of $237.7 million • GAAP gross margin of 45.1 percent • Non-GAAP gross margin of 53.0 percent • GAAP loss per share of $1.43 • Non-GAAP diluted earnings per share of $0.52 SAN JOSE, Calif., –","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/817720/000095017023062067/0000950170-23-062067-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of fiscal 2024 ended September 30, 2023"},{"label":"Revenue","value":"$237.7 million"},{"label":"Net income","value":"GAAP net loss for the first quarter of fiscal 2024 was $55.6 million, or a loss of $1.43 per basic share"},{"label":"EPS","value":"Non-GAAP diluted earnings per share of $0.52"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}