SYNAPTICS Inc reported third quarter of fiscal 2026 ended March 28, 2026 results: revenue $294.2 million, net income a loss of $0.21 per basic share, EPS $1.09 per diluted share.
“Net revenue for the third quarter of fiscal 2026 was $294.2 million. GAAP net loss for the third quarter of fiscal 2026 was $8.0 million, or a loss of $0.21 per basic share. Non-GAAP net income for the third quarter of fiscal 2026 was $44.1 million, or $1.09 per diluted share.”
Governance Changes
SYNAPTICS Inc: Amended and restated bylaws to align with universal proxy rules, modernize advance notice, allow remote meetings, update DGCL references, change 'chairman' to 'chair', modernize uncertificated shares, and add exclusive forum provision (effective 2025-07-29).
“On July 29, 2025, the Board of Directors (the “Board”) of Synaptics Incorporated (the “Company”) approved and adopted an amendment and restatement of the Company’s Amended and Restated Bylaws (the “Bylaws”), including to (i) align Article II with the Securities and Exchange Commission’s requirements regarding universal proxies pursuant to Rule 14a-19 promulgated under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), as well as to modernize certain requirements under the advance notice Bylaw provisions; (ii) modify Articles II and III to clarify that meetings of stockholders and the Board, respectively, may be held by means of remote communication; (iii) modify provisions in Articles II and IV related to procedures for adjournment of meetings of stockholders, lists of stockholders entitled to vote at stockholder meetings and electronic transmission of notices to stockholders, in each case to be consistent with amendments to the Delaware General Corporation Law; (iv)”
Ken Rizvi changed role as Chief Financial Officer at SYNAPTICS Inc.
“Mr. Rizvi will continue to serve as the Company's Chief Financial Officer.”
Rahul Patel was appointed as Chief Executive Officer at SYNAPTICS Inc.
“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.”
Ken Rizvi changed role as Chief Financial Officer at SYNAPTICS Inc.
“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.”
Rahul Patel was appointed as member of the Board at SYNAPTICS Inc.
“appointed Rahul Patel as President and Chief Executive Officer of the Company, and as a member of the Board”
Rahul Patel was appointed as President and Chief Executive Officer at SYNAPTICS Inc.
“appointed Rahul Patel as President and Chief Executive Officer of the Company, and as a member of the Board”
Nelson Chan was appointed as interim Executive Chairman at SYNAPTICS Inc.
“and Nelson Chan, the Chairman of the Board, as the interim Executive Chairman, each effective February 3, 2025.”
Ken Rizvi was appointed as interim Chief Executive Officer at SYNAPTICS Inc.
“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”
Michael Hurlston resigned as President and Chief Executive Officer at SYNAPTICS Inc.
“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.”
Michael Hurlston changed role as Principal Financial Officer at SYNAPTICS Inc.
“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.”
Ken Rizvi was appointed as Chief Financial Officer at SYNAPTICS Inc.
“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”).”
Earnings Releases
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.
“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.”
Esther Song was appointed as principal accounting officer at SYNAPTICS Inc.
“In connection with Mr. Butler’s resignation, Esther Song, the Company’s Vice President and Corporate Controller, will assume the responsibilities of principal accounting officer, effective as of February 26, 2024.”
Michael Hurlston was appointed as principal financial officer at SYNAPTICS Inc.
“Effective upon Mr. Butler’s resignation, Michael Hurlston, President and Chief Executive Officer of the Company, will serve as the Company’s principal financial officer on an interim basis.”
Dean Butler resigned as Senior Vice President and Chief Financial Officer at SYNAPTICS Inc.
“On February 21, 2024, Dean Butler, the Senior Vice President and Chief Financial Officer of Synaptics Incorporated (the “Company”), informed the Company that he has decided to resign, effective February 26, 2024.”
Earnings Releases
SYNAPTICS Inc reported second quarter of fiscal 2024 ended December 30, 2023 results: revenue $237.0 million, net income $9.0 million, EPS loss of $0.23 per basic share. Guidance initiated.
“Net revenue for the second quarter of fiscal 2024 was $237.0 million. GAAP net loss for the second quarter of fiscal 2024 was $9.0 million, or a loss of $0.23 per basic share.”
Earnings Releases
SYNAPTICS Inc reported first quarter of fiscal 2024 ended September 30, 2023 results: revenue $237.7 million, net income GAAP net loss for the first quarter of fiscal 2024 was $55.6 million, or a loss of $1.43 per basic share, EPS Non-GAAP diluted earnings per share of $0.52.
“--- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 Synaptics Reports First Quarter Fiscal 2024 Results Q1’24 Financial Results and Recent Business Highlights • Revenue of $237.7 million • GAAP gross margin of 45.1 percent • Non-GAAP gross margin of 53.0 percent • GAAP loss per share of $1.43 • Non-GAAP diluted earnings per share of $0.52 SAN JOSE, Calif., –”
Saleel Awsare resigned as Senior Vice President and General Manager, Enterprise & Mobile at SYNAPTICS Inc.
“On October 30, 2023, Saleel Awsare voluntarily resigned from his position as Senior Vice President and General Manager, Enterprise & Mobile, of Synaptics Incorporated effective as of November 19, 2023, to pursue other opportunities.”
Governance Changes
SYNAPTICS Inc: Stockholders approved an Amended and Restated Certificate of Incorporation to declassify the Board over a three-year period and make other changes, effective October 25, 2023 (effective 2023-10-25).
“As described in Item 5.07 below, at the Annual Meeting on October 24, 2023, our stockholders approved an Amended and Restated Certificate of Incorporation (the “Amended and Restated Certificate”) to declassify the Board beginning with the 2024 annual meeting of stockholders and certain other changes. The Amended and Restated Certificate was filed with the Secretary of State of the State of Delaware and became effective on October 25, 2023.”
Dean Butler changed role as principal accounting officer at SYNAPTICS Inc.
“Dean Butler, the Chief Financial Officer of the Company, will assume the role of the principal accounting officer upon Mr. Nolan’s retirement.”
Kermit Nolan departed as Corporate Vice President and Chief Accounting Officer at SYNAPTICS Inc.
“Kermit Nolan, the Corporate Vice President and Chief Accounting Officer of Synaptics Incorporated (the “Company”), informed the Company that he has decided to retire effective as of December 31, 2023.”
John McFarland departed as Senior Vice President, General Counsel and Secretary at SYNAPTICS Inc.
“On September 11, 2023, John McFarland, the Senior Vice President, General Counsel and Secretary of Synaptics Incorporated (the “Company”), informed the Company that he has decided to retire effective as of November 30, 2023.”
Earnings Releases
SYNAPTICS Inc reported fiscal fourth quarter and full fiscal year ended June 24, 2023 results: revenue $227.3 million, net income GAAP net loss of $23.4 million, or a loss of $0.59 per basic share; Non-GAAP net income of $19.5 million, or $0.49 per d, EPS GAAP loss per share of $0.59; Non-GAAP diluted earnings per share of $0.49.
“--- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 Synaptics Reports Fourth Quarter Fiscal 2023 Results Q4’23 Financial Results and Recent Business Highlights • Revenue of $227.3 million • GAAP gross margin of 44.5 percent • Non-GAAP gross margin of 55.7 percent • GAAP loss per share of $0.59 • Non-GAAP diluted earnings per share of $0.49 SAN JOSE, Calif., –”
Material Agreements
SYNAPTICS Inc amended Third Amendment with Wells Fargo Bank, National Association, as the administrative agent, and the revolving credit lenders party thereto (effective 2023-07-28).
“On July 28, 2023, Synaptics Incorporated (the “Company”) and Wells Fargo Bank, National Association, as the administrative agent (the “Administrative Agent”), and the revolving credit lenders party thereto entered into a Third Amendment (the “Third Amendment”) to the Company’s Second Amended and Restated Credit Agreement (as amended, the “Credit Agreement”), dated as of March 11, 2021, among the Company, as borrower, the lenders party thereto, and the Administrative Agent.”
Craig Stein resigned as Senior Vice President and General Manager, Mobile and IoT Division at SYNAPTICS Inc.
“On July 31, 2023, Craig Stein voluntarily resigned from his position as Senior Vice President and General Manager, Mobile and IoT Division, of the Company effective as of September 23, 2023.”
Earnings Releases
SYNAPTICS Inc reported third quarter of fiscal 2023 ended March 25, 2023 results: revenue $326.6 million, net income $10.4 million, EPS $0.26 per diluted share. Guidance initiated.
“SAN JOSE, Calif., – May 3, 2023 – Synaptics Incorporated (Nasdaq: SYNA ), today reported financial results for its third quarter of fiscal 2023 ended March 25, 2023. Net revenue for the third quarter of fiscal 2023 was $326.6 million. GAAP net income for the third quarter of fiscal 2023 was $10.4 million, or $0.26 per diluted share. Non-GAAP net income for the third quarter of fiscal 2023 was $75.3 million, or $1.89 per diluted share. “In a challenging and deteriorating economic environment, Synaptics delivered third quarter results better than our expectations. Our design activity continues to increase with a keen focus on our core wireless, automotive, and video conversion product families which we expect to drive growth. We have positioned the company for the long-term and are confident in our market opportunities and the return to baseline business levels once we get past this inventory correction.” said Michael Hurlston, Synaptics’ President and CEO. Business Outlook Dean Butler,”
Material Agreements
SYNAPTICS Inc amended Second Amendment to the Second Amended and Restated Credit Agreement with Wells Fargo Bank, National Association valued at Replaced LIBOR-based interest rate with SOFR-based rate including customary spread adjustment (effective 2023-03-16).
“On March 16, 2023, Synaptics Incorporated (the “Company”) and Wells Fargo Bank, National Association, as the administrative agent (the “Administrative Agent”), entered into a Second Amendment (the “Second Amendment”) to the Company’s Second Amended and Restated Credit Agreement (as amended, the “Credit Agreement”), dated as of March 11, 2021, among the Company, as borrower, the lenders party thereto, and the Administrative Agent.”
Earnings Releases
SYNAPTICS Inc reported fiscal quarter ended December 24, 2022 results: revenue $353.1 million, net income GAAP net income for the second quarter of fiscal 2023 was $22.0 million, or $0.55 per diluted share, EPS $0.55 per diluted share. Guidance lowered.
“Synaptics Reports Second Quarter Fiscal 2023 Results Q2’23 Financial Results and Recent Business Highlights • Revenue of $353.1 million • GAAP gross margin of 52.9 percent • Non-GAAP gross margin of 59.8 percent • GAAP diluted earnings per share of $0.55 • Non-GAAP diluted earnings per share of $2.20”
Earnings Releases
SYNAPTICS Inc reported second quarter of fiscal year 2023 results: revenue Revenue $350M to $380M. Guidance lowered.
“For the second quarter of fiscal year 2023, the company expects: GAAP Non-GAAP Adjustment Non-GAAP Revenue $350M to $380M N/A N/A Gross Margin* 53.0 percent to 56.0 percent $24M 60.0 percent to 62.0 percent Operating Expense** $141M to $146M $43M to $44M $98M to $102M”
Earnings Releases
SYNAPTICS Inc reported fiscal quarter ended September 24, 2022 results: revenue Net revenue for the first quarter of fiscal 2023 was $448.1 million., net income GAAP net income for the first quarter of fiscal 2023 was $64.6 million, or $1.59 per diluted share. Non-GAAP net income, EPS GAAP diluted earnings per share of $1.59; Non-GAAP diluted earnings per share of $3.52.
“Synaptics Reports First Quarter Fiscal 2023 Results Q1’23 Financial Results and Recent Business Highlights • Revenue of $448.1 million • IoT revenue increased 67% YoY • Record GAAP gross margin of 57.1 percent • Record non-GAAP gross margin of 62.6 percent • GAAP diluted earnings per share of $1.59 • Non-GAAP diluted earnings per share of $3.52 • GAAP operating margin of 25.0 percent • Record non-GAAP operating margin of 40.2 percent SAN JOSE, Calif., – November 3, 2022 – Synaptics Incorporated (Nasdaq: SYNA ), today reported financial results for its first quarter of fiscal 2023 ended September 24, 2022. Net revenue for the first quarter of fiscal 2023 was $448.1 million. GAAP net income for the first quarter of fiscal 2023 was $64.6 million, or $1.59 per diluted share. Non-GAAP net income for the first quarter of fiscal 2023 was $143.1 million, or $3.52 per diluted share.”
Kiva Allgood retired as Director at SYNAPTICS Inc.
“On March 3, 2022, Kiva Allgood, a director of Synaptics Incorporated (the “Company”), informed the Company that she has decided to retire as a director of the Company”
Vivie Lee was appointed as Class 2 Director at SYNAPTICS Inc.
“Effective January 10, 2022, the Board of Directors (the “Board”) of Synaptics Incorporated (the “Company”) appointed Vivie Lee as an independent Class 2 director of the Company with a term expiring at the annual meeting of our stockholders to be held in 2022.”
Patricia Kummrow was appointed as independent Class 2 director at SYNAPTICS Inc.
“Effective July 27, 2021, the Board of Directors (the “Board”) of Synaptics Incorporated (the “Company”) appointed Patricia Kummrow as an independent Class 2 director of the Company with a term expiring at the annual meeting of our stockholders to be held in 2022.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.