Highest-materiality recent filing
CFO Ken Rizvi resigned effective Aug 20, 2026; will stay in advisory role through Sept 30, 2026.
Synaptics Q4 revenue $308M (+9% YoY); non-GAAP EPS $1.23; pending onsemi merger
Fiscal 2026 revenue $1.2B (+11% YoY); Core IoT product sales up 43% to 33% of total.
Synaptics to be acquired by onsemi in ~$7B all-stock merger; 1.350x exchange ratio
Exchange ratio: 1.350 onsemi shares per Synaptics share, ~19% premium to 10-day VWAP.
Synaptics Q3 revenue $294.2M (+10% YoY), non-GAAP EPS $1.09 beats guidance midpoints
Revenue $294.2M, up 10% YoY; Core IoT product sales grew 31% YoY.
Synaptics Q2 FY26 revenue $302.5M (+13% YoY); Core IoT sales up 53%; non-GAAP EPS $1.21
GAAP net loss of $14.8M ($0.38 loss per share); non-GAAP net income $48.4M ($1.21 diluted EPS).
Synaptics appoints Venkatesh Nathamuni as independent director, Audit Committee member
Board expanded from 8 to 9 directors, effective January 1, 2026.
Synaptics Q1 FY2026 revenue up 14% YoY to $292.5M; Core IoT sales +74%
GAAP net loss $20.6M (-$0.53/share); non-GAAP net income $43.3M ($1.09 diluted EPS).
Proposal 3 (2019 Equity Plan) passed with 22,007,201 for vs 10,508,287 against; increases authorized shares by 1,900,000.
Synaptics FY2025 revenue up 12%, Core IoT sales up 53%; Q4 EPS $1.01; $150M buyback
FY2025 revenue $1.074B (+12% YoY); Core IoT product sales grew 53% YoY.
Synaptics amends bylaws to adopt universal proxy rules and exclusive forum provision
Bylaws aligned with SEC Rule 14a-19 universal proxy requirements and advance notice provisions modernized.
Synaptics appoints Rahul Patel as CEO effective June 2; grants CFO Rizvi 21,157 RSUs
Rahul Patel appointed as successor CEO, effective no later than June 2, 2025; CFO Ken Rizvi to remain CFO.
Synaptics appoints Rahul Patel as President and CEO, effective June 2, 2025
Patel previously SVP/Group GM at Qualcomm's Connectivity, Broadband & Networking Group; 13 years at Broadcom.
Synaptics Q3 FY2025 rev $266.6M (+12% YoY); non-GAAP EPS $0.90; guides Q4 growth
GAAP net loss $21.8M ($0.56 loss per share); non-GAAP net income $35.3M ($0.90 diluted EPS).
Synaptics adopts revised indemnification and severance agreements; grants retention RSUs
New indemnification agreements for directors and officers effective April 17, 2025, replacing prior agreements.
Synaptics sets interim CEO pay: $240K salary bump plus 55% bonus boost; Chan $40K/mo
Ken Rizvi (Interim CEO) receives $240K annual salary increase and 55% target bonus boost, pro-rated.
Revenue $267.2M, third consecutive quarter of sequential and YoY growth; GAAP gross margin 45.7%, non-GAAP 53.6%.
CEO Michael Hurlston resigns effective Feb. 3 to become CEO of Lumentum; departure not due to any dispute.
Synaptics to acquire Broadcom wireless assets for $198M, including Wi-Fi 8 and UWB
Total consideration of $198M in cash; expected closing January 30, 2025.
Synaptics closes $50M upsized convertible note offering; enters additional capped calls
Issued additional $50.0M aggregate principal amount of 0.75% Convertible Senior Notes due 2031 to initial purchasers on Nov 26, 2024.
Synaptics expands revolver to $350M, issues $400M 0.75% convertible notes due 2031
Revolver commitments increased from $250M to $350M; maturity extended to earlier of Nov 2029 or 91 days before 2029 note maturity.
Synaptics issues $400M convertible notes due 2031; repurchases shares, repays debt
Issued $400M aggregate principal of 0.75% convertible senior notes due 2031; initial purchasers option for additional $50M.
Synaptics to boost revolver to $350M, extend maturity to 5 years
Plans to amend credit agreement: revolving facility from $250M to $350M.
Synaptics Q1 FY2025 revenue $257.7M, non-GAAP EPS $0.81; guides Q2 rev ~$265M
GAAP net loss $23.1M ($0.58 loss per share), non-GAAP net income $32.5M ($0.81 diluted EPS).
Synaptics stockholders approve 1.4M share increase in 2019 Equity Plan; elect directors
Stockholders approved amendment to 2019 Equity Plan, increasing share reserve by 1,400,000 shares.
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.
Synaptics appoints Ken Rizvi as CFO effective July 15, 2024
Ken Rizvi named SVP and CFO, replacing Michael Hurlston who remains CEO.
Revenue of $237.3M; GAAP net loss of $18.1M ($0.46 loss per basic share).
Synaptics CFO Dean Butler resigns; CEO Hurlston named interim CFO
Dean Butler resigned as CFO, effective February 26, 2024, to pursue a new opportunity; he will advise through April 5.
Synaptics Q2 FY2024: Revenue $237M, Non-GAAP EPS $0.57; Guides Q3 revenue flat at $220M-$250M
Revenue of $237M; GAAP net loss of $9M ($0.23 loss per share).
Synaptics Q1 FY2024 revenue $237.7M, GAAP loss $1.43/share, Non-GAAP EPS $0.52
Revenue of $237.7M, first sequential increase in over a year; GAAP net loss $55.6M ($1.43 per share).
Synaptics SVP & GM Saleel Awsare resigns effective Nov. 19, 2023
Saleel Awsare, Senior Vice President and General Manager of Enterprise & Mobile, voluntarily resigned.
Shareholders approve board declassification, increase in equity plan shares at 2023 annual meeting
Stockholders approved declassification of Board, phased over 3 years; fully declassified by 2026 annual meeting.
Synaptics CAO Kermit Nolan to retire Dec 31; CFO Dean Butler to become principal accounting officer
Kermit Nolan, Corporate VP & CAO, will retire effective December 31, 2023.
Synaptics General Counsel John McFarland to retire effective Nov 30, 2023
John McFarland, SVP, General Counsel and Secretary, informed Synaptics of his retirement on Sept 11, 2023.
Synaptics Q4 GAAP EPS -$0.59, non-GAAP $0.49 on $227M rev; Q1 guide flat
Q4 revenue $227.3M; GAAP net loss $23.4M ($0.59 loss/share); non-GAAP net income $19.5M ($0.49 diluted EPS).
Synaptics Q3 FY2023 revenue $326.6M, non-GAAP EPS $1.89; Q4 guidance weak, buyback boosted by $500M
Q3 revenue $326.6M, GAAP EPS $0.26, non-GAAP EPS $1.89; results above expectations despite economic headwinds.
Synaptics amends credit agreement to replace LIBOR with SOFR benchmark
Second Amendment dated March 16, 2023 replaces USD LIBOR with Term SOFR (plus spread adjustment) in the $250M credit agreement.
Synaptics Q2 FY2023 revenue $353M, GAAP EPS $0.55, Non-GAAP EPS $2.20
Revenue of $353.1M; GAAP net income $22.0M ($0.55 diluted EPS); Non-GAAP net income $88.5M ($2.20 diluted EPS).
Synaptics Q1 FY2023: revenue $448.1M, non-GAAP EPS $3.52; guides Q2 rev $350-380M
Revenue $448.1M, up 20% YoY; IoT revenue up 67% YoY.
Synaptics shareholders approve 698,000-share increase in equity compensation plan
Stockholders approved amended 2019 equity plan, increasing available shares by 698,000.
Synaptics Q4 revenue $476.4M, non-GAAP EPS $3.87 record; IoT up 87% YoY
Q4 revenue $476.4M; GAAP EPS $2.04, non-GAAP EPS $3.87 (record).
Synaptics reports Q3 FY2022 record non-GAAP EPS $3.75; IoT revenue up 99% YoY
Revenue $470.1M; GAAP EPS $1.59; record non-GAAP EPS $3.75, above guidance high-end.
Director Kiva Allgood to retire from Synaptics board, not seeking re-election at 2022 annual meeting
Kiva Allgood notified Synaptics on March 3, 2022 of her decision to retire as director.
Synaptics Q2 FY2022: Revenue $420.5M, record non-GAAP EPS $3.26; guides Q3 rev $450-480M
Revenue $420.5M; GAAP EPS $1.71; record non-GAAP EPS $3.26.
Synaptics appoints Vivie Lee as independent Class 2 director effective Jan 10, 2022
Appointed Vivie Lee as independent Class 2 director with term expiring at 2022 annual meeting.
Synaptics completes $549M acquisition of DSP Group; updates Q2 FY2022 guidance
Acquisition of DSP Group closed for $549M cash; financed with $600M new 7-year term loan at LIBOR+2.25%.
Synaptics agrees to $58M sale-leaseback of San Jose properties; signs 12-year leaseback
Purchase price $58M for properties at 1109-1251 McKay Dr and 1140-1150 Ringwood Ct, San Jose.
Synaptics Q1 FY22 revenue $372.7M, record non-GAAP EPS $2.68, IoT up 70% YoY
Revenue $372.7M; GAAP EPS $0.99; record non-GAAP diluted EPS $2.68.
Synaptics shareholders approve 2M share increase for 2019 equity plan; re-elect directors
Stockholders approved amendment to 2019 Equity Plan, increasing authorized shares by 2,000,000.
Synaptics to acquire DSP Group for $22.00/share in all-cash deal; expands IoT and AI portfolio
Synaptics acquires DSP Group at $22.00/share in all-cash transaction; boards of both companies approved.
Instead, effective upon Mr. Rizvi’s resignation as Chief Financial Officer, Rahul Patel, President and Chief Executive Officer of the Company, serves as the Company’s principal financial officer through the closing of the Merger.
On August 20, 2026, Ken Rizvi resigned from his position as the Chief Financial Officer of Synaptics Incorporated (the “Company”), effective immediately, to pursue a new opportunity.
Mr. Rizvi will continue to serve as the Company's Chief Financial Officer.
the Board completed its search and announced the appointment of Rahul Patel as successor CEO, with his start date in this role to be effective no later than June 2, 2025.
appointed Rahul Patel as President and Chief Executive Officer of the Company, and as a member of the Board
appointed Rahul Patel as President and Chief Executive Officer of the Company, and as a member of the Board
Mr. Patel succeeds the Company's Chief Financial Officer, Ken Rizvi, who has served as the Company’s Interim Chief Executive Officer since February 2025.
and Nelson Chan, the Chairman of the Board, as the interim Executive Chairman, each effective February 3, 2025.
On January 28, 2025, Michael Hurlston notified the Company of his resignation from his position as President and Chief Executive Officer and from the board of directors (the “Board”) of the Company, effective February 3, 2025, to pursue another opportunity.
On January 28, 2025, the Board appointed Ken Rizvi, the Company’s Chief Financial Officer, as the interim Chief Executive Officer and principal executive officer
On May 14, 2024, Synaptics Incorporated (the “Company”) announced that Ken Rizvi will join the Company as its Chief Financial Officer, effective on July 15, 2024 (the “Effective Date”).
On the Effective Date, in connection with Mr. Rizvi’s appointment, Michael Hurlston will cease to serve as the Company’s principal financial officer but will continue to serve as the Company’s President and Chief Executive Officer.
Max materiality 1.00 · Median 0.70 · Most common event earnings