Recap: Synaptics Q3 Earnings - Synaptics (NASDAQ:SYNA)

Synaptics SYNA reported its Q3 earnings results on Wednesday, May 3, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Synaptics beat estimated earnings by 1.61%, reporting an EPS of $1.89 versus an estimate of $1.86.

Revenue was down $143.50 million from the same period last year.

Last quarter the company missed on EPS by $0.14 which was followed by a 10.63% drop in the share price the next day.

Here's a look at Synaptics's past performance:

Quarter	Q2 2023	Q1 2023	Q4 2022	Q3 2022
EPS Estimate	2.34	3.35	3.68	3.55
EPS Actual	2.20	3.52	3.87	3.75
Revenue Estimate	365.38M	454.74M	472.93M	464.65M
Revenue Actual	353.10M	448.10M	476.40M	470.10M

To track all earnings releases for Synaptics visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.