Synaptics Incorporated (NASDAQ:SYNA) is set to announce first quarter earning results on Thursday 5th November 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, SYNA to report 1Q21 income of $ 1.67 per share from revenue of $ 324.81 million.
For the full year, analysts anticipate top line of $ 1270.54 million, while looking forward to income of $ 6.51 per share bottom line.
The Company Outlook
Revenue for 1Q21 are expected in a range of $ 315.00 million ~ $ 335.00 million
Click Here For More Historical Outlooks Of Synaptics Incorporated
Previous Quarter Performance
Synaptics Incorporated disclosed income for the fourth quarter of $ 1.24 per share, from the revenue of $ 277.60 million. According to street consensus, SYNA was expected to report 4Q20 income of $ 1.06 per share from revenue of $ 276.02 million. The bottom line results beat street analysts by $ 0.18 or 16.98 percent, at the same time, top line results outshined analysts by $ 1.58 million or 0.57 percent.
Stock Performance
Shares of Synaptics Incorporated traded up $ 1.36 or 1.77 percent on Wednesday, reaching $ 78.23 with volume of 310.40 thousand shares. Synaptics Incorporated has traded high as $ 78.76 and has cracked $ 76.46 on the downward trend
The closing price of $ 78.23, representing a 73.09 % increase from the 52 week low of $ 44.41 and a 16.74 % decrease over the 52 week high of $ 92.32.
The company has a market capital of $ 2.68 billion and is part of the Technology sector and Software – Application industry.
Conference Call
Synaptics Incorporated will be hosting a conference call at 5:00 PM eastern time on 5th November 2020, to discuss its 1Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.synaptics.com
Synaptics Incorporated develops, markets, and sells intuitive human interface solutions for electronic devices and products worldwide. The company offers its products and solutions for smartphones, tablets, and touchscreen applications, as well as mobile, handheld, wireless, and entertainment devices; notebook applications; and other personal computer (PC) product applications. Its products include ClearPad, which enables users to interact directly with the display on mobile smartphones, tablets, and automobiles; ClearView products that provide advanced image processing and low power technology for entry-level smartphones; TouchView products, which integrate touch and display technologies to deliver performance and simplified design; and Natural ID, a fingerprint ID product that is used in smartphones, tablets, notebook PCs, PC peripherals, and other applications.
