Synaptics Incorporated (SYNA) Q2 2023 Earnings Call Transcript

Feb. 02, 2023 10:59 PM ETSynaptics Incorporated (SYNA) StockSYNA
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Q2: 2023-02-02 Earnings Summary

EPS of $2.20 misses by $0.14
 | Revenue of $353.10M (-16.03% Y/Y) misses by $12.29M

Synaptics Incorporated (NASDAQ:SYNA) Q2 2023 Earnings Conference Call February 2, 2023 5:00 PM ET

Company Participants

Munjal Shah - Vice President and Head, Investor Relations
Michael Hurlston - President & Chief Executive Officer
Dean Butler - Chief Financial Officer

Conference Call Participants

Kevin Cassidy - Rosenblatt Securities
Rajvindra Gill - Needham & Company
Anthony Stoss - Craig-Hallum
Christopher Rolland - Susquehanna
Martin Yang - Oppenheimer

Operator

Good day and thank you for standing by. Welcome to the Synaptics Inc. Second Quarter Fiscal Year 2023 Financial Results Conference Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your speaker today, Munjal Shah, Vice President, Investor Relations.

Munjal Shah

Thank you, Josh. Good afternoon, everyone and thank you for joining us today on Synaptics’ second quarter, fiscal 2023 conference call. My name is Munjal Shah and I am the Head of Investor Relations. With me on today’s call are Michael Hurlston, our President and CEO, and Dean Butler, our CFO. This call is also being broadcast live over the web and can be accessed from the investor relations section of the company’s website at synaptics.com.

In addition to a supplemental slide presentation, we have also posted a copy of these prepared remarks on our investor relations website.

In addition to the Company’s GAAP results, management will also provide supplementary results on a non-GAAP basis, which excludes share-based compensation, acquisition related costs, and certain other non-cash or recurring or non-recurring items. Please refer to the press release issued after market close today for a detailed reconciliation of GAAP and non-GAAP results, which can be accessed from the investor relations section of the company’s website at synaptics.com.

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