25.04.2014 00:50:08

Synaptics Slips To Q3 Loss, But Tops View

(RTTNews) - Synaptics Inc. (SYNA), Thursday reported third-quarter net loss of $40.1 million or $1.12 per share, compared to net income of $36.4 million or $1.07 per share last year.

Adjusted net income for the quarter were $23.7 million or $0.63 per share compared to $27.0 million or $0.79 per share last year. On average, 13 analysts polled by Thomson Reuters estimate earnings of $0.57 per share for the quarter. Analysts' estimates typically exclude one-time items.

Net revenue for the third quarter rose 25 percent to $204.3 million from $163.3 million last year. Analysts estimated revenues of $192.03 million for the quarter.

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Synaptics Inc. 79,48 2,05% Synaptics Inc.