Flexible Electronics News

Synaptics Reports 3Q Fiscal 2020 Results

Net revenue for the third quarter of fiscal 2020 was $328.1 million.

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

Synaptics Incorporated reported financial results for its third quarter ended March 28, 2020. Net revenue for the third quarter of fiscal 2020 was $328.1 million. GAAP net income for the third quarter of fiscal 2020 was $5 million, or $0.14 per diluted share. Non-GAAP net income for the third quarter of fiscal 2020 was $52.3 million, or $1.49 per diluted share. “Our focus on improving mix and controlling costs led to better than expected profitability in the March quarter despite revenue being...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters