Flexible Electronics News

Synaptics Reports 1Q Fiscal 2021 Results

Net revenue for 1Q fiscal 2021 was $328.4 million, with a GAAP net loss of $2.8 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Synaptics Incorporated reported financial results for its first fiscal quarter ended Sept. 26, 2020.   Net revenue for the first quarter of fiscal 2021 was $328.4 million. GAAP net loss for the first quarter of fiscal 2021 was $2.8 million, or a loss of $0.08 per diluted share. Non-GAAP net income for the first quarter of fiscal 2021 was $66.7 million, or $1.85 per diluted share.   “Synaptics delivered a strong start to our fiscal year with first quarter revenues exceeding the mid-point ...

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