Synaptics reports Q3 FY2024: revenue $237.3M, GAAP loss $0.46/share, non-GAAP EPS $0.53; guides Q4 rev $230-260M

SYNAPTICS Inc

2024-Q3 EPS reported -$2.12 revenue$712,000,000

Revenue of $237.3M; GAAP net loss of $18.1M ($0.46 loss per basic share).
Non-GAAP net income of $21.0M ($0.53 per diluted share).
Core IoT revenue up 26% sequentially; Astra platform launched targeting $20B+ market.
Q4 FY2024 guidance: revenue $230M-$260M, non-GAAP gross margin 52.5%-54.5%.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

SYNAPTICS Inc reported third quarter of fiscal 2024 ended March 30, 2024 results: revenue $237.3 million, net income GAAP net loss for the third quarter of fiscal 2024 was $18.1 million, or a loss of $0.46 per basic share. Non-GAAP net i, EPS loss of $0.46 per basic share (GAAP); $0.53 per diluted share (Non-GAAP). Guidance reaffirmed.

Period: third quarter of fiscal 2024 ended March 30, 2024
Revenue: $237.3 million
Net income: GAAP net loss for the third quarter of fiscal 2024 was $18.1 million, or a loss of $0.46 per basic share. Non-GAAP net i
EPS: loss of $0.46 per basic share (GAAP); $0.53 per diluted share (Non-GAAP)
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Net revenue for the third quarter of fiscal 2024 was $237.3 million. GAAP net loss for the third quarter of fiscal 2024 was $18.1 million, or a loss of $0.46 per basic share. Non-GAAP net income for the third quarter of fiscal 2024 was $21.0 million, or $0.53 per diluted share.

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Source: SEC EDGAR

accession 0000950170-24-057013

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