Key Developments For Synaptics Incorporated
Synaptics Incorporated (SYNA.O) (Nasdaq)
Synaptics Incorporated Issues Q2 2010 Revenue Guidance Below Analysts' Estimates; Reaffirms FY 2010 Revenue Guidance
Synaptics Incorporated announced that for second quarter 2010 it expects revenue between $128 million and $134 million. For Fiscal 2010 it continues to expect revenue of $495 million to $525 million. According to Reuters Estimates, analysts are expecting the Company to report revenue of $137 million for second quarter 2010 and $507 million for fiscal 2010.
Synaptics Incorporated Issues Q1, H1 2010 Revenue Outlook Below Analysts' Estimates; Issues FY 2010 Revenue Outlook In Line With Analysts' Estimates
Synaptics Incorporated announced that for the first quarter of 2010, it expects revenue to be $113 to $119 million. The Company expects revenue range of $495 to $525 million for fiscal 2010 with the first half of 2010 roughly flat year over year. The Company reported revenue of $115.86 million and $141.52 million for the first and second quarters of 2009 respectively. According to Reuters Estimates, analysts on an average were expecting the Company to report revenue of $127 million for the first quarter of 2010; revenue of $146 million for the second quarter of 2010; and revenue of $522 million for fiscal 2010.
Synaptics Incorporated Expands Portfolio Of ClearPad Touchscreen Solutions
Synaptics Incorporated announced that it has introduced its advanced multi-touch ClearPad 3000 Series capacitive touch sensor solution.
Synaptics Incorporated Issues Q4 2009 Revenue Guidance Above Analysts' Estimates
Synaptics Incorporated announced hat for fourth quarter 2009 it expects revenue to be in the range of $105 million to $115 million, an increase of 8% to 19% over the comparable quarter last year. According to Reuters Estimates, analysts are expecting the Company to report revenue of $102 million for fourth quarter 2009.
Synaptics Incorporated Announces Retirement Of Russell J. Knittel As CFO
Synaptics Incorporated announced that Russell J. Knittel, its long-term Chief Financial Officer (CFO), will retire within the next 12 months. Kathleen Bayless has been appointed Senior Vice President and will succeed Mr. Knittel as Chief Financial Officer following the completion of the Company's fiscal 2009 reporting cycle.
