secwatch.observer — SEC 8-K summary
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Issuer:     SYNAPTICS Inc (SYNA)
CIK:        0000817720
Form:       8-K
Filed at:   2021-08-05T23:59:59+00:00
Accession:  0001193125-21-237737
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Synaptics Q4 FY2021 revenue $328M, non-GAAP EPS $2.18, record gross margins
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- GAAP gross margin 52.1%, non-GAAP 57.5% (records); GAAP diluted EPS $0.48.
- Q1 FY2022 guidance: revenue $355M–$385M, non-GAAP gross margin 57%–58%.
- Converted $503.5M of 0.5% Convertible Notes due 2022; no notes outstanding after redemption.
- Board increased buyback authorization by $400M to $577.4M, extended to July 2025.
- IoT products represent >50% of revenue, driving margin expansion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/817720/000119312521237737/0001193125-21-237737-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/817720/000119312521237737/d212437d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-237737

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