---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-012775"
form_type: "8-K"
ticker: "SYNA"
cik: "0000817720"
company_name: "SYNAPTICS Inc"
filed_at: "2024-02-08T23:59:59+00:00"
generated_at: "2026-06-06T06:08:24.402840+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Synaptics Q2 FY2024: Revenue $237M, Non-GAAP EPS $0.57; Guides Q3 revenue flat at $220M-$250M

## Summary
- Revenue of $237M; GAAP net loss of $9M ($0.23 loss per share).
- Non-GAAP net income $22.5M ($0.57 per diluted share); non-GAAP gross margin 52.5%.
- CEO: business has stabilized, Core IoT to drive topline growth from here.
- Q3 FY2024 guidance: revenue $220M-$250M (flat QoQ); non-GAAP gross margin 52%-54%.
- Total channel inventories declined in December quarter, says CFO.

## SEC filing metadata
- accession: 0000950170-24-012775
- form_type: 8-K
- ticker: SYNA
- cik: 0000817720
- company_name: SYNAPTICS Inc
- filed_at: 2024-02-08T23:59:59+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/817720/000095017024012775/0000950170-24-012775-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/817720/000095017024012775/syna-20240208.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-012775
- JSON: https://secwatch.observer/filing/0000950170-24-012775.json
- Plain text: https://secwatch.observer/filing/0000950170-24-012775.txt

## Key facts
- Earnings Releases
  SYNAPTICS Inc reported second quarter of fiscal 2024 ended December 30, 2023 results: revenue $237.0 million, net income $9.0 million, EPS loss of $0.23 per basic share. Guidance initiated.
  - Period: second quarter of fiscal 2024 ended December 30, 2023
  - Revenue: $237.0 million
  - Net income: $9.0 million
  - EPS: loss of $0.23 per basic share
  - Guidance: initiated
  - Result: reported results
  source text: Net revenue for the second quarter of fiscal 2024 was $237.0 million. GAAP net loss for the second quarter of fiscal 2024 was $9.0 million, or a loss of $0.23 per basic share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/817720/000095017024012775/0000950170-24-012775-index.htm

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