Synaptics Reports Results for First Quarter Fiscal 2017

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Go back to Synaptics Reports Results for First Quarter Fiscal 2017

Needham & Company Downgrades Synaptics (SYNA) to Hold

October 28, 2016 7:28 AM EDT

Needham & Company downgraded Synaptics (NASDAQ: SYNA) from Buy to Hold.

Analyst Rajvindra Gill commented, "

We are downgrading SYNA to a Hold from a Buy on a significantly lower gross margin profile. While we wrote about our concerns of gross margins... More

Synaptics (SYNA) Misses Q1 EPS by 4c

October 27, 2016 4:56 PM EDT

Synaptics (NASDAQ: SYNA) reported Q1 EPS of $0.96, $0.04 worse than the analyst estimate of $1.00. Revenue for the quarter came in at $386.2 million versus the consensus estimate of $372.65 million.

We are pleased to report solid fiscal first quarter results, reflecting strong performance across several of... More