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Fiscal year 2020 net revenue was $1.33 billion, with GAAP net income for fiscal year 2020 of $118.8 million.
August 11, 2020
By: DAVID SAVASTANO
Editor, Ink World Magazine
Synaptics Incorporated reported financial results for its fourth fiscal quarter and fiscal year ended June 27, 2020. On April 16, 2020, the company completed the divestiture of its Mobile LCD TDDI business, as a result, the company received approximately $139 million in cash proceeds. Net revenue for the fourth quarter of fiscal 2020 was $277.6 million. GAAP net income for the fourth quarter of fiscal 2020 was $90 million, or $2.55 per diluted share. For fiscal year 2020, net r...
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