FX.co ★ Synaptics Inc Q3 Earnings Summary

Synaptics Inc. recently reported their earning highlights for Q3. The figures, when compared to the same period over last year, are significantly different. The earnings have dipped to a loss of $18.1 million as against a profit of $10.4 million last year during the same period. The earnings per share (EPS) are also down to -$0.46 in comparison to $0.26 from the previous year's same quarter. If exceptional items are excluded, Synaptics Inc.'s adjusted earnings stand at $21 million or $0.53 per share for this period.

These figures are slightly higher than what analysts had projected at $0.49 per share. In terms of revenue, Q3 recorded $237.3 million, a substantial decrease from $326.6 million during the same period last year. Synaptics Inc. has also offered its guidance for next quarter's revenue, setting the range at $230-$260 million.