SYNA - Synaptics Analysts Raise Their Forecasts After Upbeat Earnings | Benzinga
Synaptics Incorporated (NASDAQ: SYNA) reported better-than-expected first-quarter financial results on Thursday.
Synaptics posted adjusted earnings of 52 cents per share, beating market estimates of 40 cents per share. The company’s sales came in at $237.7 million versus expectations of $232.7 million.
Synaptics said it sees second-quarter revenue of $220 million to $250 million versus estimates of $239.82 million.
Synaptics shares gained 14.1% to trade at $100.94 on Friday.
These analysts made changes to ...