secwatch.observer — SEC 8-K summary
======================================

Issuer:     SYNAPTICS Inc (SYNA)
CIK:        0000817720
Form:       8-K
Filed at:   2024-08-08T23:59:59+00:00
Accession:  0000950170-24-093944
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Synaptics reports Q4 FY2024 rev $247.4M, GAAP EPS $5.22; guides Q1 rev ~$255M
-----------------------------------------------------------------------------

- Q4 GAAP net income $208.3M ($5.22 diluted EPS); non-GAAP EPS $0.64.
- Full year FY2024 revenue $959.4M; GAAP gross margin 45.8% vs 52.8% prior year.
- Core IoT products grew 63% YoY in Q4, led by wireless group.
- Q1 FY2025 guidance: revenue $255M±$15M, non-GAAP gross margin 53.5%±1.0%.
- CEO cites improving demand but limited visibility; balance sheet remains strong.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/817720/000095017024093944/0000950170-24-093944-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/817720/000095017024093944/syna-20240808.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-093944

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer