GlobeNewswire·Nov 5, 2026, 4:05 PM ET

Synaptics Reports First Quarter Fiscal 2027 Results

Synaptics reported Q1 fiscal 2027 net revenue of $294.0 million, representing a 1% year-over-year increase.
The company recorded a GAAP net loss of $17.7 million, or $0.45 per basic share, while Non-GAAP net income was $51.5 million, or $1.26 per diluted share.
GAAP gross margin was 47.8%, compared to a Non-GAAP gross margin of 54.3%.
Synaptics launched the xMCU class of microcontrollers via the Astra SR200 series to enable larger AI models on-device.
The Coralboard ecosystem expanded with Google Research, introducing Coralboard SL availability through partners alongside the new Coralboard SR.
Synaptics' capacitive tactile sensing module & Astra Edge AI processors gained support on NVIDIA Isaac Sim & Holoscan platforms.
Revenue was impacted by supply constraints, memory demand dynamics, & smartphone market softness affecting touch & wireless products.
Synaptics secured a licensing agreement for its automotive LCD TDDI technology as part of its Physical AI & Edge AI strategy.
onsemi & Synaptics finalized an amended merger agreement converting a previously announced all-stock deal into an all-cash acquisition.
Due to the pending onsemi acquisition, Synaptics will not host a quarterly earnings call or provide forward-looking financial guidance.
The company cited supply chain issues & memory tightness as factors influencing customer development timelines & order visibility in its risk disclosures.