Synaptics reported fourth-quarter revenue of $308 million, an 8.9% increase from a year ago, and earnings per share of $1.23, up from $1.01. Revenue exceeded the Zacks Consensus Estimate of $305 million by 0.98%, while EPS beat the consensus of $1.21 by 1.65%. Within the total, Core IoT product applications revenue was $104.6 million, above the $99.67 million analyst estimate, and Enterprise and Automotive product applications revenue was $164.3 million, topping the $161.9 million estimate, while Mobile product applications revenue came in at $39.1 million, below the $42.09 million estimate.
Synaptics IncorporatedQ4 revenue and EPS beat estimates, with Core IoT and Enterprise/Automotive segments exceeding expectations.
