Flexible Electronics News

Synaptics Reports Results for 4Q, Fiscal 2015

Record 2015 revenue of $1.7 billion is up 80%, while record June quarter revenue of $479 million is up 52% year-over-year.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Synaptics reported financial results for its fourth quarter and year ended June 30, 2015. Net revenue for fiscal 2015 reached a record $1.7 billion, an increase of 80% over fiscal 2014. Net income for fiscal 2015 was $112.3 million, or $2.89 per diluted share.   “Synaptics posted a strong fourth quarter and a phenomenal fiscal year as we crossed the $1 billion annual revenue threshold,” said Rick Bergman, president and CEO. “During fiscal 2015 we surpassed the 3 billion milestone for unit ship...

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