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Company notes record non-GAAP net income of $70.1 million.
February 11, 2020
By: DAVID SAVASTANO
Editor, Ink World Magazine
Synaptics reported financial results for its second quarter ended Dec. 28, 2019. Net revenue for the second quarter of fiscal 2020 was up 14% sequentially to $388.3 million and exceeded the guidance the company provided last quarter. GAAP net income for the second quarter of fiscal 2020 was $19.8 million, or $0.58 per diluted share. Non-GAAP net income for the second quarter of fiscal 2020 increased $29.1 million sequentially to $70.1 million, or $2.04 per diluted share, a record for the compan...
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