NASDAQ$SYNA
Synaptics Inc. · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
Reported fourth quarter fiscal 2023 results, impacted by excess customer inventories but expecting a climb upward in early calendar 2024.
Synaptics reported Q4 fiscal 2023 results with a revenue of $227.3 million. The company experienced a GAAP net loss of $23.4 million, or a loss of $0.59 per basic share. However, non-GAAP net income was $19.5 million, or $0.49 per diluted share.
- Revenue of $227.3 million
- GAAP gross margin of 44.5 percent
- Non-GAAP gross margin of 55.7 percent
- Non-GAAP diluted earnings per share of $0.49
Headline financials
Revenue & EPS history
Synaptics · Revenue · Quarterly
$227M
Forward guidance
For the first quarter of fiscal 2024, Synaptics expects revenue between $215 million and $245 million, GAAP gross margin between 43.5 percent and 47.5 percent, and GAAP operating expenses between $139 million and $147 million.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2023
+2.0%
Avg return
Earnings day
+2.2%
Avg return
5 days after
+2.4%
Avg return
30 days after
59%
39 / 66 earnings
Positive
+27.5%
Q1 2020
Best reaction
-21.7%
Q1 2017
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2026 | +18.3% | +23.6% | +16.0% | |
| Q2 2026 | +2.2% | +3.9% | -17.5% | |
| Q1 2026 | -3.7% | -1.5% | +13.1% | |
| Q3 2025 | +0.2% | +10.6% | +4.6% | |
| Q2 2025 | -4.7% | -4.0% | -10.2% | |
| Q1 2025 | +12.1% | +6.6% | +11.5% | |
| Q4 2024 | +6.8% | +10.6% | +4.8% | |
| Q3 2024 | -2.3% | -1.6% | +1.2% | |
| Q2 2024 | +3.8% | +0.1% | -0.5% | |
| Q4 2023 | +2.9% | +6.3% | +1.0% | |
| Q3 2023 | -16.6% | -13.9% | -7.3% | |
| Q2 2023 | -5.9% | -2.0% | -10.2% | |
| Q1 2023 | +2.4% | +11.1% | +19.3% | |
| Q4 2022 | -2.3% | -13.7% | -24.3% | |
| Q3 2022 | -6.7% | -11.1% | -14.7% | |
| Q2 2022 | -5.0% | -2.0% | -1.4% | |
| Q1 2022 | +15.4% | +17.8% | +29.7% | |
| Q4 2021 | +17.0% | +17.6% | +30.4% | |
| Q3 2021 | -2.6% | -7.6% | +1.9% | |
| Q2 2021 | +13.2% | +16.8% | +25.7% | |
| Q1 2021 | +5.9% | +0.8% | +4.6% | |
| Q4 2020 | +8.9% | +5.1% | +1.2% | |
| Q3 2020 | +1.7% | -1.6% | +9.0% | |
| Q2 2020 | +20.6% | +16.4% | -3.1% | |
| Q1 2020 | +27.5% | +29.2% | +25.9% | |
| Q4 2019 | +6.6% | +7.5% | +10.8% | |
| Q3 2019 | -5.7% | -3.6% | -16.6% | |
| Q2 2019 | +0.4% | -1.7% | +0.3% | |
| Q1 2019 | +2.3% | -1.9% | +3.6% | |
| Q4 2018 | -13.1% | -3.4% | -3.7% | |
| Q3 2018 | -0.0% | -7.6% | +3.4% | |
| Q2 2018 | +7.3% | +8.1% | +18.6% | |
| Q1 2018 | +17.3% | +10.0% | -1.0% | |
| Q4 2017 | -12.0% | -17.4% | -20.1% | |
| Q3 2017 | +4.3% | +2.3% | +5.1% | |
| Q2 2017 | -9.2% | -5.8% | -7.2% | |
| Q1 2017 | -21.7% | -20.5% | -18.1% | |
| Q4 2016 | -3.1% | -0.5% | +3.8% | |
| Q3 2016 | -16.7% | — | — | |
| Q2 2016 | +9.4% | — | — | |
| Q1 2016 | +5.4% | — | — | |
| Q4 2015 | -0.6% | — | — | |
| Q3 2015 | -4.3% | — | — | |
| Q2 2015 | +14.6% | — | — | |
| Q1 2015 | -16.0% | — | — | |
| Q4 2014 | +2.9% | — | — | |
| Q3 2014 | -4.5% | — | — | |
| Q2 2014 | +5.8% | — | — | |
| Q1 2014 | -14.5% | — | — | |
| Q4 2013 | +1.8% | — | — | |
| Q3 2013 | +6.2% | — | — | |
| Q2 2013 | +11.7% | — | — | |
| Q1 2013 | +5.9% | — | — | |
| Q4 2012 | +11.1% | — | — | |
| Q3 2012 | -5.9% | — | — | |
| Q2 2012 | +1.9% | — | — | |
| Q1 2012 | -1.9% | — | — | |
| Q4 2011 | +7.8% | — | — | |
| Q4 2009 | +7.8% | — | — | |
| Q3 2010 | -1.6% | — | — | |
| Q3 2011 | -1.6% | — | — | |
| Q2 2011 | -0.4% | — | — | |
| Q1 2010 | +7.1% | — | — | |
| Q1 2011 | +7.1% | — | — | |
| Q2 2010 | +7.1% | — | — | |
| Q4 2010 | +7.1% | — | — |
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