Brief: Synaptics Reports Third Quarter Fiscal 2023 Results

Synaptics Incorporated

03/05/2023 22:02

May 3 (Reuters) - Synaptics Inc  SYNA.O :
    * SYNAPTICS REPORTS THIRD QUARTER FISCAL 2023 RESULTS
    * SYNAPTICS INC - EXPECT OUR JUNE QUARTER REVENUE TO DECLINE
SEQUENTIALLY, AND WE HAVE BEGUN TO IMPLEMENT SPENDING CONTROLS
    * SYNAPTICS INC - SEES  FOR Q4 GAAP  REVENUE $210M TO $240M
    * SYNAPTICS INC - SEES  FOR Q4 GAAP GROSS MARGIN 44.0
PERCENT TO
47.0 PERCENT
    * SYNAPTICS INC - BOARD OF DIRECTORS HAS AUTHORIZED A $500
MILLION
INCREASE IN COMPANY'S EXISTING SHARE REPURCHASE PROGRAM, WHICH
EXPIRES IN JULY 2025

Source text for Eikon:  ID:nGNX7R6g2f 
Further company coverage:  SYNA.O 

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