---
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"
generated_at: "2026-06-08T08:14:05.228647+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Synaptics Q1 FY2024 revenue $237.7M, GAAP loss $1.43/share, Non-GAAP EPS $0.52

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-062067
- JSON: https://secwatch.observer/filing/0000950170-23-062067.json
- Plain text: https://secwatch.observer/filing/0000950170-23-062067.txt

## Key facts
- Earnings Releases
  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.
  - Period: first quarter of fiscal 2024 ended September 30, 2023
  - 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
  - Result: reported results
  source text: --- 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_url: https://www.sec.gov/Archives/edgar/data/817720/000095017023062067/0000950170-23-062067-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.