syna ER

Synaptics Incorporated Reports Q4 EPS of $1.46 vs $1.42 Est; Revenue of $314.90M vs $305.07M Est; Adds $200M to Buyback Plan $SYNA

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Good job Rizz here is a little more color from WSJ.

http://online.wsj.com/article/PR-CO-20140731-917428.html

Andy

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If you cant reach that WSJ link just google this.

Synaptics Reports Results for Fourth Quarter and Fiscal 2014

Nice quarter and this isn’t even Christmas yet.

Andy

Nice move after hours to 76 recovering the day’s losses.

To put Synaptics results and future projections in perspective, during the last conference call their initial estimate for revenue for this quarter were as follows:

Considering our backlog of $145 million, we anticipate revenue to be in the range of $275 million to $295 million for the June quarter, up 20% to 28% over the prior year quarter’s record revenue, and up 40% sequentially.

Instead, they came in at $315 million, up 40%, and up 54% sequentially.

Their initial estimates for this fiscal year were up 21%. They finished up 43%.

Best to you all

Saul

For FAQ’s and Knowledgebase
please go to Post #2319

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Saul,
This is going to be a very impressive investment. Thanks for the great write up.

Andy

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