Synaptics Reports Third Quarter Fiscal 2024 Results

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Go back to Synaptics Reports Third Quarter Fiscal 2024 Results

Synaptics (SYNA) PT Lowered to $95 at Wells Fargo

May 10, 2024 5:40 AM EDT

Wells Fargo analyst Gary Mobley lowered the price target on Synaptics (NASDAQ: SYNA) to $95.00 (from $115.00) while maintaining a Equal Weight rating.

The analyst comments "SYNA reported mostly in-line 3Q24/4Q24 results/outlook (NOTE: LSD-% q/q rev increases expected to... More

Synaptics (SYNA) Tops Q3 EPS by 4c, Offers Guidance

May 9, 2024 4:23 PM EDT

Synaptics (NASDAQ: SYNA) reported Q3 EPS of $0.53, $0.04 better than the analyst estimate of $0.49. Revenue for the quarter came in at $237.3 million versus the consensus estimate of $235.17 million.

GUIDANCE:

Synaptics sees Q4 2024 revenue of $230-260 million, versus the consensus of $244.6... More