earnings
confidence high
sentiment positive
materiality 0.80
Synaptics Q1 FY22 revenue $372.7M, record non-GAAP EPS $2.68, IoT up 70% YoY
SYNAPTICS Inc
2021-Q1 EPS reported
$0.99
revenue$372,700,000
- Revenue $372.7M; GAAP EPS $0.99; record non-GAAP diluted EPS $2.68.
- Record GAAP gross margin 53.2%; record non-GAAP gross margin 58.0%.
- IoT revenue grew 70% YoY, now 55% of total revenue.
- Q2 guidance: revenue $390M-$420M; non-GAAP gross margin 58.5%-59.5%.
- Record non-GAAP operating margin of 34.2%.