Synaptics — First Quarter Fiscal 2027 Earnings Summary

Synaptics reported first-quarter fiscal 2027 net revenue of $294.0 million, representing a 1% increase year-over-year. The company recorded a GAAP net loss of $17.7 million, or $0.45 per share, while non-GAAP net income reached $51.5 million, or $1.26 per diluted share. Key business developments included the launch of the Astra SR200 series microcontrollers and expanded partnerships for the Synaptics Coralboard ecosystem with Google Research. Additionally, Synaptics announced that its capacitive tactile sensing module and Astra Edge AI processors are now supported by NVIDIA Isaac Sim and Holoscan platforms. The company is currently proceeding with a pending all-cash acquisition by onsemi, which precludes the hosting of an earnings conference call or the provision of forward-looking financial guidance.