Synaptics Q4 Profit Beats Estimates - Quick Facts

(RTTNews) - Synaptics (SYNA) reported fourth-quarter net income of $34.5 million, or $0.89 per share, which includes an expense for change to contingent consideration liability of $13.1 million. Net income in the fourth-quarter of prior year was $45.32 million or $1.29 per share. Non-GAAP net income was $56.8 million, or $1.46 per share, for the fourth quarter of 2014 .

On average, 14 analysts polled by Thomson Reuters expected the company to report profit per share of $1.41 for the quarter. Analysts' estimates typically exclude special items. Net revenue grew 37% over the comparable quarter last year to a record $314.9 million. Analysts expected revenue of $303.64 million for the quarter.